Bribery allegations.

According to a Sentencing Memorandum filed by the US govt. in the District Court in Oregon, cash bribes were paid to Prime Minister Keith Mitchell and other govt. officials by the now defunct Grenadian-licensed offshore bank, First Intl Bank of Grenada (FIBG), reports Caribbean Net News (Aug. 30, 2007):

Former banking regulator Michael Creft, testified that FIBG paid bribes to the govt. of Grenada, and that he personally paid cash to Mitchell and Tony Joseph, described in the Memorandum as the "Treasurer of Grenada." The Memorandum filed by the US Attorney related to a case involving Douglas Ferguson, Robert Skirving, Laurent Barnabe, and Rita Regale, who pleaded guilty to separate counts of conspiracy to launder money in relation to FIBG. In "a massive Ponzi scheme," between 1996 and 2000, they operated a series of offshore "banks," including FIBG, which defrauded investors of more than US$170 million;

Creft testified that Barnabe was the conduit for bribes that FIBG paid to the govt. FIBG was reportedly the first offshore bank to be licensed and begin operations here and Creft was the chief regulator for offshore banks. He testified in Portland, Oregon, in Dec. 2006, that FIBG never attempted to operate legitimately, but instead corrupted even the minimal regulation which Grenada sought to enforce.