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HomeBusinessThe Citizenship by Investment Unit is insisting that all CIP-passport holders have...

The Citizenship by Investment Unit is insisting that all CIP-passport holders have gone through the rigours of screening.  

Contrary to rumours about the Fancy Bridge assignment of passports, CEO Charmaine Quinland-Donovan says all the applicants were checked via a stringent due-diligence process before being granted citizenship.

Some persons were denied, she reports, while 23 are still pending review.  But at no time were the travel documents given to anyone for distribution without the applicants having been screened.

The CEO also notes that, in keeping with the agreement, all applicants paid the prescribed fees for due diligence and passport processing. They also supplied all the supporting documentation required under the CIP Act of 2013.

Meanwhile, the CIU’s Chief Financial Officer, Casford King, says the denial of some applications under the Fancy Bridge agreement speaks volumes about the Unit’s care in conducting its due diligence.

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