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PRESS STATEMENT BY THE GOVERNMENT OF DOMINICA ON THE JUDGEMENT BY MR. JUSTICE BANNISTER RE DOMINICA

PRESS STATEMENT ON BEHALF OF THE GOVERNMENT OF

DOMINICA

1. Over the last few months the Government of Dominica has been

engaged in litigation in the BVI where it has sought to establish that

in 2006 it acquired a 51% shareholding in the company Shangri-La

International Development Holding Limited (Shangri-La) and that it

was entitled to be registered in that Company’s register as the

majority shareholder. Shangri-La owns the lands and properties

referred to as the Layou Project. The Honorable Prime Minister

gave evidence on behalf of the Government in those proceedings.

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