NB: Further amendments may be made after an additional review of receipts from the Treasury.
Transparency: Government to Releases Full Accounting of Alfa Nero Sale
The Antigua and Barbuda government has released a detailed financial report on the sale of the luxury yacht Alfa Nero, following allegations of financial mismanagement.
In a national address, Prime Minister Gaston Browne dismissed claims of wrongdoing surrounding the high-profile transaction, which saw the seized vessel sold at auction. He stated that the government would provide a full breakdown of all funds received and how they were allocated.
“To this end, the Financial Secretary will, in the coming days, publish a complete, transparent accounting of all monies that were received from the sale of the Alfa Nero, and exactly how every cent was spent,” Browne said.
Defending the Sale
The sale of the Alfa Nero has been mired in controversy, with critics—particularly from the political opposition—raising concerns about transparency and the handling of proceeds. The yacht, reportedly owned by a sanctioned Russian oligarch, was sold after being abandoned in Antigua’s waters.
International news outlet The Associated Press recently published an article citing allegations of impropriety, prompting strong rebuttals from Browne. He accused members of the opposition of feeding misinformation to foreign media in an attempt to damage the government’s reputation.
“These claims or allegations have no truth whatsoever,” he asserted.
Legal Action Considered
Browne further indicated that the government is considering legal action against those responsible for what he described as “malicious” allegations.
“Legal action is also being contemplated against all who conspired to create these falsehoods in an attempt to malign and smear hard-earned reputations,” he said.
While he did not specify potential defendants, the Prime Minister suggested that those behind the accusations may soon have to defend their statements in court.
Calls for Accountability
The promise of financial disclosure comes amid growing calls for transparency from the public and opposition figures. Critics argue that details of the transaction should have been released sooner to dispel doubts about the sale process.
With the government now committed to publishing a full report, attention will turn to whether the figures align with official statements. The upcoming financial breakdown is expected to clarify how the proceeds were utilized and whether any further questions remain unanswered.
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Thats just papers that dont prove nothing
😂.
Now you coming clean Browne bwoi?
Lol. How ironic that I just ask the question where the ALpha Nero money is, and 20 minutes later here is this article popping up on ANR.
Well the heat is on Browne Bwoi, because it’s not only the Antigua people who are watching you, now you have the Great US clamping down.
This is what your actions have cost the Antigua people.
You busy busy blaming the opposition, but this has nothing to do with no one else but yourself. You did this, you. The opposition didn’t go into business with Nigerians and the Chinese, you did.
And this is not the end Browne bwoi, not in the least. Many more questions to be answered, many more.
As expected a redacted document for the Antiguan public or fools, while they secure a bargain with foreign legal jurisdiction to keep it from the public.
hahahaha, as if this was ever going to be anything other than money going into the PM and his henchmen’s pockets
When the boat was anchored here for months nobody came forward to claim it, when hurricane threatened our shores no one claimed it. But from the time they put it out for sale all of a sudden out of nowhere someone came forward. Well bitch, the boat done sell and are we done yam off the money and shit um out.