GOVERNMENT & POLICE NEWS

Governor Proclaims Leave for Most Government Employees to Celebrate 2014 Carnival

Governor John P. de Jongh, Jr. has signed a proclamation that provides leave for government employees during the upcoming Carnival…

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Half a dozen young people, local artists and music producers have created a peace song for Carnival 2014. To read more about the song, click here.
 

 
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Cruzan Organix Farm Wins Top Prize in 2014 13D Competition

UVI student Allison De Gazon was beaming Wednesday when her business idea, Cruzan Organix Farm, won the $30,000 top prize at the final judging ofthe  2014 13D Entrepreneurship Competition.

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2014-04-24 01:02:33
Nature Conservancy and Restaurants Encourage Reef Responsibility

The Nature Conservancy has enlisted several St. Croix restaurants to promote healthy reefs and the commercial fishing industry by serving certain locally harvested fish at certain times of the year.

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2014-04-24 00:54:49
Cancryn Teachers Protest School Calendar

About a dozen teachers protested outside Addelita Cancryn Junior High School on St. Thomas on Wednesday in the second day of objecting to the restructuring of the school calendar.

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2014-04-24 00:44:04
Local news — St. Croix
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Diageo Parent Company to Pay $16M to Settle Bribery Case

Diageo PLC, the London-based parent corporation of Diageo USVI, agreed Wednesday to pay about $16.4 million to settle civil allegations of bribing government officials in India, Thailand and South Korea, the Associated Press reported.

The company did not admit or deny wrongdoing but agreed to refrain from future violations, according to the AP report. Diageo was accused of bribing the officials to get sales and tax benefits for its Johnnie Walker and Windsor Scotch whiskeys and other brands.

The Securities and Exchange Commission on Wednesday announced the settlement with the company, which is the world's largest maker of distilled spirits. The SEC had accused Diageo of paying more than $2.7 million in bribes through subsidiaries in the three countries from 2003 to 2009.

On St. Croix, local representatives of Diageo USVI, the company's distiller of its Captain Morgan's Spiced Rum, said the issue was a corporate, not a local issue and referred questions to the corpration's U.S. headquarters in New York.

The corporation's public relations office issued a statement noting the SEC investigation related to payments involving Diageo’s subsidiaries. Under the settlement Diageo has agreed to pay $13.4 million to the SEC in disgorgement of profits and pre-judgment interest, to pay a $3 million penalty to the SEC, and to cease and desist from committing any further violations.

"Diageo takes the SEC’s findings seriously and regrets this matter," the corporate statement said. "Systems and controls have been enhanced in an effort to prevent the future occurrence of such issues and to reinforce, everywhere the company operates, a culture of compliance and commitment to the principles embodied in Diageo’s Code of Business Conduct."

Diageo opened its Captan Morgan's distillery on St. Croix in November 2010 and earlier this month began construction on a $4 million visitor center.

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