UNITED NATIONS REPORTS GRENADA AND DOMINICA SUSPENDED FOR NONPAYMENT OF DUES

UNITED NATIONS REPORTS GRENADA AND DOMINICA SUSPENDED FOR NONPAYMENT OF DUES

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The United Nations has suspended the Commonwealth of Dominica and Grenada from General Assembly voting privileges, for chronic nonpayment of member dues and required contributions.. The information was released at the end of January;  no other Caribbean nations were cited for non-payment. When dues are two years' delinquent, the UN imposes voting sanctions.

The Ministry of Foreign Affairs of Grenada released a public statement to the effect that payment had recently been transmitted, but this has not been confirmed. No statements regarding payment have been made from, or on behalf of, Dominica.

Though there are exceptions available, for a country's inability to pay, both Grenada & Dominica operate Citizenship by Investment (CBI) programs, and the proceeds from only one completed application would be sufficient for those nations to cover their annual UN dues and charges. It is known  that CBI income. as to both countries, is substantial. 

Chronicles of Monte Friesner - Financial Crime Analyst

Contributed by Kenneth Rijock - Financial Crime Consultant