3.0.0 346 2023-01-11T13:22:59Z 2023-01-11T13:22:59Z Senate S SRES 2011-12-08 112 ssfr00 Foreign Relations Committee Senate Standing Referred to 2011-12-08T23:04:57Z Expressing the sense of the House of Representatives regarding the Government of Antigua and Barbuda and its actions relating to the Stanford Financial Group fraud. 112 507 HRES 2012-02-13 Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade. Identical bill CRS 2011-12-08 ssfr00 Foreign Relations Committee Senate Referred to the Committee on Foreign Relations. (text of measure as introduced: CR S8464-8465) IntroReferral 2011-12-08 Introduced in Senate IntroReferral 10000 9 Library of Congress V000127 Sen. Vitter, David [R-LA] David Vitter R LA N S000320 Sen. Shelby, Richard C. [R-AL] Richard Shelby R AL C. 2011-12-08 True C000567 Sen. Cochran, Thad [R-MS] Thad Cochran R MS 2011-12-08 True W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2011-12-08 True International Affairs Antigua and Barbuda Bank accounts, deposits, capital Caribbean area Crime victims Criminal investigation, prosecution, interrogation Financial services and investments Foreign aid and international relief Foreign and international banking Foreign loans and debt Fraud offenses and financial crimes Jurisdiction and venue Latin America Multilateral development programs International Affairs 00 2011-12-08 Introduced in Senate 2012-03-07T19:55:40Z Expresses the sense of the Senate that all further assistance provided by the United States to Antigua and Barbuda should be suspended until Antigua and Barbuda provide complete redress of specified issues regarding an investigation of the Stanford Financial Group fraud.

Includes among such redress: (1) an agreement by of Antigua and Barbuda to be subject to the jurisdiction and bound by the judgment of any U.S. court that adjudicates the claims relating to the Stanford Financial Group fraud; (2) the transfer of the assets seized by Antigua and Barbuda, or obtained by the joint liquidators of Stanford International Bank, to the U.S. district court-appointed receiver for the benefit of victims of the fraud; (3) a specified contribution by Antigua and Barbuda to the U.S. receivership estate for the benefit of victims of the fraud; (4) fulfillment by Antigua and Barbuda of their obligations relating to the expropriation of the Half Moon Bay Resort; and (5) an agreement by Antigua and Barbuda to neither interfere with the receivership commenced by the United States, nor seek control of assets claimed by the United States.

Expresses the sense of the Senate that the Secretary of the Treasury should direct the U.S. Executive Directors of the International Bank for Reconstruction and Development and the International Development Association (World Bank) and the International Monetary Fund (IMF) to use the voice and vote of the United States to ensure that any future loan made by the World Bank or the IMF to Antigua and Barbuda is conditioned upon providing complete redress of these matters, and satisfaction of this resolution.

]]> A resolution expressing the sense of the Senate regarding the Government of Antigua and Barbuda and its actions relating to the Stanford Financial Group fraud. Display Title A resolution expressing the sense of the Senate regarding the Government of Antigua and Barbuda and its actions relating to the Stanford Financial Group fraud. Official Title as Introduced A resolution expressing the sense of the Senate regarding the Government of Antigua and Barbuda and its actions relating to the Stanford Financial Group fraud. Introduced in Senate IS Introduced in Senate 2011-12-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112sres346is/xml/BILLS-112sres346is.xml 2011-12-08 Referred to the Committee on Foreign Relations. (text of measure as introduced: CR S8464-8465) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.