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St Kitts and Nevis government calls for resignation of Les Khan as CEO of CIU

The decision came after several developers expressed their displeasure with Khan as heading one of the top positions in the Federation.

December 14, 2022
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St Kitts and Nevis government calls for resignation of Les Khan as CEO of CIU

St Kitts and Nevis government calls for resignation of Les Khan as CEO of CIU

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After streaks of allegations and accusations, the government of St Kitts and Nevis reportedly asked Les Khan to vacate his post of Head of the Citizenship by Investment Unit. The following decision came after several developers expressed their displeasure with Khan as heading one of the top positions in the Federation.

Coming from the island of Trinidad, Khan headed the Citizenship by Investment Unit of St Kitts and Nevis as CEO since 2015. During his tenure as CEO of CIU, several allegations came to light that Khan had taken kickbacks from a developer. In exchange for that, Khan benefitted the developer by allocating thousands of CBI applications under a special project.

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The row of allegations and accusations always surrounded Khan during his tenure; one of the most controversial issues blown at this time was the multi-billion prison project under the leadership of former Prime Minister Dr Timothy Harris. The following issue, “Prison scandal”, was first disclosed by the Middle-East-based news channel “Middle Eastern Times.”

The issue is still counted as one of the most controversial issues in the history of CBI, so much so that the current government of St Kitts and Nevis is still investigating the case to check the role of Khan in this project.

Not just up to this, his involvement has also become one of the burning issues in St Kitts and Nevis issue and also played a key role in the loss of Dr Timothy Harris led the People’s Labour Party.

After the new government led by Dr Terrance Drew came to power, the developers of St Kitts and Nevis, as well as several foreign agents, bought the above-mentioned issue in the concern of the government.

Following this, St Kitts and Nevis government has ensured that “The government is currently working on it and a proper investigation has already launched into this matter. This behaviour will not be tolerated. The CBI programme of St Kitts and Nevis has been recognized worldwide and will remain the Platinum Standard in the field of CBI.”

The call for the resignation of Khan was also made by CBI stakeholders who have expressed displeasure over the performance of Khan during his service. Several reports have also stated that Les Khan was absent from his office most of the time and mostly remained out of the nation and his frequent visits to the US.

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Meanwhile, several leaders of the CBI industry have expressed that the resignation of Les Khan from the position of CEO of the Citizenship by Investment unit will benefit the country in multiple ways. It will also help the Federation in retaining its position as the “Platinum Standard of CBI” across the globe.

Tags: CaribbeanCaribbean newsCBIChannel 24Channel 24 pkCitizenship by Investment ProgrammeCIU ceoCIU St Kitts and NevisGovernment of St Kitts and NevisLatest NewsLatest UpdateLes KhanNews
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