Compensation must match US $21 million award
Jan 28, 2013
ST JOHN’S, Antigua – Antigua & Barbuda is unwilling to consider any monetary settlement below US $21 million annually to end the gaming dispute with the US, according to Finance Minister Harold Lovell.
Lovell said a one off US $10 million settlement, which was once put on the table by the US to end the gaming dispute between the two countries, was far off the mark.
“At one time there was a figure of US $10 million that was mentioned by the US and there was a possibility, there probably would have been the possibility of getting US $10 million but here we have an award for US $21 million annually,” said Lovell.
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