GOVERNMENT & POLICE NEWS

VIEDA and Subsidiaries Hold Governing Board Decision Meeting Oct. 24

The V.I. Economic Development Authority, along with its subsidiaries -- the Economic Development Commission and the Economic Development Bank, will…

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With schools across the territory getting ready for a Sept. 2 opening date, V.I. Education Commissioner Donna Frett-Gregory told the community the Education Department is focused on "putting in the framework we need to support our students, our teachers and our administrators."

 
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Documentary Examines Holes in V.I. Mental Health System

Many heart-wrenching aspects of mental health care in the Virgin Islands are examined in a new film by award-winning St. Croix documentary filmmaker, Johanna Bermudez-Ruiz.

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2014-10-23 22:46:58
WAPA Board OKs Funds for Propane Conversion

The board of the V.I. Water and Power Authority approved a $4.2 million contract for design and upgrade of the fire protection systems needed for the conversion to propane gas.

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2014-10-23 20:55:56
Educational Complex Holds Spanish Spelling Bee

Top spellers in the St. Croix Educational Complex foreign language classes competed in a Spanish spelling bee as their cheering classmates filled the school’s library last Thursday -- a culminating activity for the school’s observance of National Hispanic Heritage Month.

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2014-10-23 00:04:54
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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