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| Anichi Structures facing Thruway |
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| Anichi Structures not facing Thruway |
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| This Anich structure has not advanced in 3 years |
Clearly
the painting blitz was an effort to impress visitors –creating the impression
that the retarded hotel construction is moving along. The idea it seems was to allow
visitors driving along the EO Leblanc thruway to notice the painted buildings but
as it stands only the structures visible from the thruway were partially
painted. The other structures that are not visible from the thruway were left
untouched.
Papap’s putty and paint still couldn't make the devil look like a saint.
The
desultory painting sham may have impressed a few unsuspecting visitors however
it left a young painting contractor from Portsmouth very disappointed and
exploited. We have learned that Alick Lawrence’s moose boy Bernard Dixon
Sylvester subcontracted the painting job to a young man from Portsmouth known
as Papap. Sources have told us that Papap
has been complaining about not getting fully paid for his material and labor contract.
One gentleman who seem very angry with the status quo in Portsmouth said to us “ That
genial Dixon only gave Papap $4000 and Papap could hardly pay his workers with that money– them fellas wicked my brother “
The Anichi
Hotel was scheduled to be completed in 2019. According to the developer Alick
Lawrence who is himself from Portsmouth, the Hotel would bring many jobs and
economic opportunities to the Portsmouth area. The people of Portsmouth were
also promised that a portion of the revenues raised on behalf of the Anichi
project would be used to build a resource center in the Chance area of
Portsmouth. Today the incomplete hotel construction in Picard Portsmouth is an
embarrassing eyesore.
The
number of passports that the Anichi Hotel project has received thus far is
unknown. In fact, the Roosevelt Skerrit administration’s policy is that the
number of passports assigned to the CBI project developers is none of the citizen’s
darn business. We also have no idea what these CBI funded projects cost but CS Global,
Dominica’s CBI program promoters and propaganda machinery has recently released
information that we the people should treat with added anger. In an
October 2022 nd release CS Global stated “ Anichi
Resort & Spa will be providing a 2% annual return to investors despite
being under construction” It is
worth noting that the hotel is about 55%
complete and 4 years behind revenue operation. https://www.globenewswire.com/en/news-release/2022/10/31/2544337/0/en/Dominica-s-Anichi-Resort-Spa-provides-a-2-annual-return-while-under-construction.html https://www.newsamericasnow.com/caribbean-travel-news-dominic-anichi-resort-and-spa-provides-a-2-percent-annual-return/ Is CS Global a credible source of information?
Whenever
we read CBI related releases from CS Global, we do so with multiple layers of
sieves – “nuff Bull Sh***t and embellishments.” CS Global allegedly gets a commission on every
Dominica passport sold and they are responsible for a lot of the CBI online promotional
propaganda. News of a 2 % ROI plus a passport with visa free travel to many
European countries is definitely a good selling point for the CBI trade. So could they be lying –send an email to mildred.thabane@csglobalpartners.com
Is it
plausible then that Alick Lawrence’s Oriental Developers Ltd is or will be paying 2% ROI to CBI investors? Consider this - under the Citizenship by Investment (CBI) Real Estate option, purchasers of preferred shares receive
share certificates and will be entitled to profit sharing. Purchasers of suites
receive title deeds- free stay at the hotel. The hotel was supposed to be
commissioned in 2019 and so it is quite possible that the developer is now
obligated to provide the benefits from the profit sharing and free residency
agreement. The
owner of the CBI funded Jungle Bay resort, Sam Rafael made it clear in a Q95 radio
interview that even while the jungle Bay resort is completed and in full
operation, he continues to sell shares /passports through the CBI program. He
also stated that he has to pay dividends to his Jungle Bay CBI investors. Is Jungle Bay generating enough revenues to
sustain operation and pay dividends to investors? Everyone see's everyone knows but Somebody please ask Sam Rafael We were
also reliably informed that the Kempinski Hotel development which has been in
operation since 2019 is allegedly still raising funds under the CBI program. It is
reasonable to conclude that the CBI program serve not just as a means to raise
capital for the development and construction of these hotels but also serves as
a means to finance the revenue operations of these hotels and to pay dividends
to the investors. Remember the government told us
that these CBI funded real estate projects were viable and self-sustaining. So when and where does
the grifting end? Let’s say
that 500 CBI shares were sold for the Anichi Hotel project at the minimum
investment threshold of US $220,000 and annual ROI of 2%. According to CS Global’s news release the
developer which is Alick Lawrence’s Oriental
Developers (Caribbean) Ltd would have to pay a whopping US $2.2 Million to
the CBI investors even as the hotel remain a half formulated White Elephant or
as one Picard residence says “the only
guests going in and out of the Anichi Hotel are the sea side crabs, abolors,
Maboyas and zandolies.” The
looming question is -where would Oriental
Developers (Caribbean) Ltd be getting the money to pay CBI investors. Unless
Oriental Developers (Caribbean) Ltd has
some other revenue source other than the CBI program it may be safe to assume
that the 2 % ROI that is allegedly paid to the earlier CBI investors may be coming
from ongoing CBI/passport selling revenues. Is that not a government endorsed Ponzi scheme? According
to the dictionary – “A Ponzi scheme is a
form of fraud that lures investors and pays profits to earlier investors with
funds from more recent investors.” Now
that CS Global has spilled the beans we can also safely assume that the
government endorsed Ponzi scheme is standard practice within the CBI real
estate scheme. Everyone See’s Everyone knows. The
citizens of Dominica are left totally in the dark on the number of passports
that are given to the developers for their CBI funded projects. If we were to
ask for example Antony Haiden, Kenny Green, Collin McIntyre, Sugar George, Sam
Rafael, Alick Lawrence or the Nassief Brothers how many passports have they
received for their CBI funded projects, none of them would be forthcoming and
transparent with that information. In the case of Collin McIntyre and his Eco
resort project in the Valley, Collin and his Russian partner received a first tranche
of roughly 550 passports an estimated US $ 110 Million to complete the project.
Sources within the DLP circle have informed us that Collin and his partner have since
received an additional 400 passports towards the Eco-Resort project. With the current
status of the Eco-Resort project we are still trying to find value for the US $110
Million let alone the additional 400 passports, another estimated US $88 Million. Whether
these hawks like it or not the passports that are being sold belong to we the
people. “Power concedes nothing without a demand “and it is time we demand
answers from not just the government but also those CBI beneficiaries who seem
to have unfettered and unending authority to mine the heck off the CBI program. It is the right time to make them all feel very uncomfortable.
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