BRIDGETOWN, Barbados – The Barbados-based Caribbean Development Bank (CDB) Tuesday says it has “no involvement in, connection with, or responsibility for” a “purported Caribbean Legacy Programme”.
In a statement, the CDB said that it had taken note of a recent article published by a US-based newspaper which serves as a primary news source for the South Florida Caribbean-American community on the issue.
“For the avoidance of doubt, CDB has no involvement in, connection with, or responsibility for the activity described. The Bank has neither authorised nor endorsed the actions attributed to the Caribbean Legacy Programme and any suggestion of an official relationship with CDB in this context is inaccurate.”
The CDB said that it “takes seriously any unauthorised use of its name, brand or institutional identity” adding that the matter is being reviewed through the appropriate internal channels, and the Bank will take such steps as may be warranted.
“Given the misleading references to the Bank, CDB strongly urges members of the public to exercise caution and independently verify the programme’s legitimacy before signing up, providing personal or financial information, or making any payments.”
The CDB said it “remains committed to transparency, accountability and the highest standards of institutional integrity”.
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