PM distances himself from insider trading

KINGSTOWN, St. Vincent, CMC – Prime Minister Dr. Ralph Gonsalves Tuesday dismissed suggestions that he used insider information to get his family to withdraw funds financially troubled Building & Loan Association (BLA) and accused Opposition Leader Arnhim Eustace of engaging in “nasty politics.” “I did not utter a single word to them. Judge me not by your standard. I don’t get involve in insider trading,” Gonsalves told a news conference, adding he holds a “sacred position” and would “not make use of any information I receive to advise any member of my family.” On Monday, Eustace addressing the decision by the three-month old Financial Services Authority (FSA) to take over management and control of the BLA said he was also concerned that certain people had been able to withdraw a significant amount of money from the BLA prior to the FSA takeover and called on the institution to name them.