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TWO OF the main figures behind an
offshore bank whose licence the Grenada government cancelled this
month have been arrested in the United States, according to the
Miami-based newsletter Offshore Alert.
The newsletter said David Rowe and Gerard Burns, the principals of
the Grenada-registered Cambridge International Bank and Trust, were
also being held without bail.
Offshore Alert
reported the arrests as breaking news on its Internet website
Sunday, but did not say exactly what the two m en were being held
for. There has been no corroboration of the information.
The reported arrest was said to have followed the filing of a
criminal complaint at the US district court for the northern
district of California in relation to their activities at Cambridge
International.
According to Offshore Alert,
Rowe was preparing to leave the United States for Europe when he was
arrested in Alabama, while Burns was arrested in Arizona. |