Editorial Staff
06/01/25 06:00

Editorial Staff
06/01/25 06:00

WIOC’s Impact: $150 Million Paid to Government Post-Acquisition

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WIOC’s Impact: $150 Million Paid to Government Post-Acquisition

Adding, “we secured private funding for the acquisition, and if corruption were involved, there could have been opportunities to take shares for personal gain, but we prioritized the interests of the people of Antigua and Barbuda. I did not benefit in any way from this deal, and that is how it should be.”

The Prime Minister also mentioned that several private individuals expressed interest in purchasing the company, but the government firmly believed that WIOC should be owned by the people of Antigua and Barbuda.

8 Comments

  1. AAB

    Mr. Editor,

    I want to Thank the P M for stating the following: “I did not benefit in any way from this deal ……” Is the P M saying he has benefited from OTHER Deals …. But Not THIS Deal???

    Why is such a Statement necessary from the P M? Mmmmmmh

    Reply
    • Stone

      Read the fine print 👀

      Reply
      • AAB

        So VERY CORRECT Mr. Stone —— Read not only the “Fine Print” …..But Also Read BETWEEN the Lines …. Who is THIS Private Donor …. And why the Statement about Corruption is made by the P M immediately following THIS Comment of A PRIVATE DONOR……. Sad Sad Sad

  2. Stone

    So how about lowering the price of gas and diesel for 2025? With the amount of vehicles on our roads, you carn lose.

    Reply
    • Pebble

      Speaking facts about the gas prices. All this talk about profits but what about relief for the average citizen? 🤦‍♂️

      Reply
  3. EconGyal268

    Love how they selling shares to citizens but the gas prices still burning our pockets. What’s the point of owning shares if we can’t afford to fill our tanks? 💀

    Reply
  4. TheWatcher

    “I did not benefit from THIS deal” is quite the specific phrasing… interesting choice of words from our PM 👀

    Reply
  5. IslandPolitics

    That line about corruption seems oddly defensive when nobody asked… as they say in law, res ipsa loquitur 🤷‍♂️

    Reply

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