UNITED STATES - The United States of America has named 21 Caribbean countries among a wider global list of Major Money Laundering Countries of 2016.
This list includes Curaçao, Aruba and Sint Maarten. The US State Department this week released the countries in its 2017 International Narcotics Control Strategy Report on Money Laundering and Financial Crimes.
The US says money laundering in Sint Maarten, centers around criminal profits that occur through business investments and international tax shelters.
The State Department slammed the island’s government as “weak” adding that it continues to be vulnerable to integrity-related crimes.
The other countries mentioned in the report are: Antigua, the Bahamas, Barbados, Belize, British Virgin Islands, the Cayman Islands, Cuba, Dominica, the Dominican Republic, Grenada, Guyana, Haiti, Jamaica, St. Kitts/Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname and Trinidad and Tobago.