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St Lucia Claims MSR Launched Late Settlement Bid Before Dropping the Case · IMI Podcasts

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  SPEAKER_00: St.
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  SPEAKER_00: Lucia's Citizenship by Investment Board has issued an official statement in response to MSR Media's voluntary dismissal of its US federal RICO lawsuit.
• 0:10
  SPEAKER_00: MSR Media voluntarily dismissed its lawsuit on December 12th.
• 0:16
  SPEAKER_00: The suit had named Maclaude Emmanuel, CEO of St.
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  SPEAKER_00: Lucia's Citizenship by Investment Unit, among other Caribbean officials.
• 0:25
  SPEAKER_00: The board has characterized the legal action as baseless and aimed at tarnishing the unit's leadership and its network of key partners, including banks, authorized agents, and promoters.
• 0:37
  SPEAKER_00: The lawsuit had no merit from the outset, the board maintains, describing it as a frivolous attempt to undermine the credibility of the Citizenship by Investment Program and its management.
• 0:48
  SPEAKER_00: MSR Media and its principal Felipe Martinez, whom the board identifies as a developer based in St.
• 0:53
  SPEAKER_00: Kitts with no business ties to St.
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  SPEAKER_00: Lucia, had filed the case in the U.S.
• 0:57
  SPEAKER_00: District Court Middle District of Florida.
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  SPEAKER_00: MSR Media attributes the dismissal to the defendant's immunity claims and prohibitive legal costs, stating they have submitted substantial evidence of fraud, money laundering, and corruption to U.S.
• 1:12
  SPEAKER_00: authorities.
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  SPEAKER_00: The board counters this narrative, characterizing the lawsuit as, quote, a failed attempt to threaten, embarrass, and extort, end quote, their organization.
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  SPEAKER_00: It claims that MSR Media launched last-minute attempts for a financial settlement, but the government rejected them.
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  SPEAKER_00: This episode first appeared as an article by Ahmadabas on IMIDaily.com.
• 1:41
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• 1:48
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