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Allegations

Grenada’s offshore banking industry plumbs new depths

Petitions to wind-up five offshore banks were presented at Grenada High Court on July 24, 2003.The banks were Bank Crozier Ltd., DIAK Bank Ltd., Anglo American Bank Ltd., Wellington Bank & Trust Ltd., and Cornerstone International Saving & Investment Bank Ltd.

Winding-Up petitions filed against five offshore banks

Petitions to wind-up five offshore banks are due to be heard at Grenada High Court on Thursday, July 24, 2003.The banks are Bank Crozier Ltd., DIAK Bank Ltd., Anglo American Bank Ltd., Wellington Bank & Trust Ltd., and Cornerstone International Saving & Investment Bank Ltd.