ST JOHN’S, Antigua – The state-owned Antigua Public Utilities Authority (APUA) has disconnected the electricity and water at yet another company of disgraced Texan financier, Sir Allen Stanford.

Yesterday, APUA disconnected the utilities at the Stanford Development Company (SDC). It was not immediately clear how much SDC owes APUA or how many workers have been affected but reports put the combined total arrears for all of the Stanford-owned companies at EC$7 million (US$2.7 million).

Last week, APUA officials turned up at the Sticky Wicket restaurant in Coolidge, the Antigua Athletics Club, The Pavilion Restaurant, Stanford Trust and the VC Bird International Airport car park to collect monies owed to them for electricity and water, telephone and Internet. When the monies were not paid they disconnected the utilities.

In a radio broadcast Sunday, Opposition Leader Lester Bird accused the Baldwin Spencer government of sitting idly by while allowing more than 100 workers to be dismissed from their jobs because of outstanding arrears owed to the utility company.

The Stanford companies have been in financial trouble ever since the financier was charged a year ago for an alleged US$7 billion fraud that United States authorities said he conducted through his Antigua-based Stanford International Bank.

His companies also include the Stanford Twenty20 cricket franchise.

Sir Allen, 59, who was arrested 10 months ago, is in jail in the United States awaiting trial.

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