"The light that comes from wisdom never goes out"
The sudden exit of the Virgin Islands Deposit Insurance Corporation’s CEO last month was unrelated to the regulator’s action against the Bank of Asia on May 26, according to Premier …
Continue reading “VIDIC chief’s exit not linked to bank saga, premier says”
After regulators’ surprise announcement on May 29 that they had begun winding down the Bank of Asia, we urged leaders to be fully transparent about the crisis by keeping the …
The Virgin Islands Deposit Insurance Corporation has stayed silent for nearly three weeks after a news report suggested that its CEO had resigned, but recent activity on social media suggests …
Continue reading “VIDI Corporation still not saying who’s in charge”
We were shocked to hear Opposition Leader Myron Walwyn claim convincingly last week that the government deposited more than $5 million in Bank of Asia (BVI) Limited at a time …
Continue reading “EDITORIAL: Gov’t must explain $5m Bank of Asia deposit”
Government officials should have known that Bank of Asia (BVI) Limited was failing when they deposited more than $5 million of taxpayer money in it earlier this year, Opposition Leader …
Continue reading “Walwyn slams premier over $5m Bank of Asia deposit”
For a week, officials have not responded to a news report that raised questions about the leadership of the public agency overseeing the winding down of Bank of Asia (BVI) …
