NewsBajan Investor to File Rock-Hard Countersuit in Florida Court Monday, to Recover Losses in alleged COVID-19 Vaccines Scam

St. Lucia News OnlineJuly 4, 202228568 min
Judge gavel with dollars, books on wooden desk close up.

Castries, Saint Lucia, September 25, 2021:– A Barbadian developer with deep and strong Caribbean connections plans to launch a countersuit in a Florida court on Monday, in his continuing effort to recover US $10.2 million (EC $27.6 million) from a company he says he paid to deliver one million COVID-19 vaccines for three Caribbean nations, but never did.

In this latest twist in an ongoing regional business saga involving Caribbean personalities and entities seeking justice in a US court, Maloney, with significant investments in several Caribbean nations and territories, claims Radical Investments Limited — a company he established in Saint Lucia to do business out of Barbados — was scammed in a vaccine procurement scheme by a Florida-based company called Good Vibrations Entertainment.

Maloney says Good Vibrations was paid the US $10.2 million by Radical Investments, which had also been paid US $2.6 million (EC $7.3 million) earlier this year by the Saint Lucia government to secure 100,000 doses of Oxford-AstraZeneca vaccines.

The vaccines were to have been part of a minimum one-million-doses purchase for The Bahamas, Barbados and Saint Lucia.

But Maloney claims Good Vibrations was only up to bad vibes all along, saying it was knowingly unable but undertook to secure and deliver the million vaccine doses Radical Investments had paid for.

According to Maloney’s accounts in the Barbados press, investigations — also involving British High Commission offices contacting Oxford-AstraZeneca and Good Vibrations Entertainment’ claims it could source and supply – revealed details that were by-no-means entertaining.

Maloney claims Good Vibrations informed him the transaction was delayed because of delivery problems encountered by Oxford-AstraZeneca, which turned-out not to be true.

On September 17, Maloney, through Radical Investments, filed a lawsuit in a Fort Lauderdale court claiming to have been “deceptively” lured into an “elaborate” (US$10.2 million) scam for one million “non-existent” doses of the AstraZeneca vaccine.

During the hearings, on Thursday (September 23), the Fort Lauderdale judge called on Maloney and Radical Investments to provide information about the citizenship of the named defendants in the US, but also indicating the nature of the information supplied could lead to dismissal of the entire case.

With only one day to provide the requested information, Maloney indicated on Friday (September 24) that he intended to file a counter-suit in the same court on Monday (September 27).

Maloney, close enough to ex-Prime Minister Allen Chastanet for Radical Investments to have landed the deal based on Chastanet’s acknowledged “trust” in him, was also obviously trusted by whichever section of the Barbados government that led him to have the island included in the million-vaccines deal.

That trust, however, did not extend to Barbados agreeing to pay up-front, as seemed to have been the case with Saint Lucia, where another of Maloney’s companies is riding high in the construction sector.

Hard Rock Cement is one of several construction-related companies Maloney has established, this time to build and develop a consortium to serve the entire Caribbean.

Currently with branches in Antigua & Barbuda, Barbados, Dominica, Grenada, Guyana, Saint Lucia, St Maarten, St. Vincent & The Grenadines and Trinidad & Tobago, Hard Rock Cement entered Saint Lucia and captured the market virtually overnight, thanks partly to its connections to businesses, government officials and top private sector entities.

Hard Rock Cement’s Saint Lucia Managing Director is listed as David Du Boulay, described as “a qualified legal practitioner with a background in Economics”.

Du Boulay is credited (on the company’s website) with having “singlehandedly introduced Hard Rock cement to Saint Lucia and penetrated this challenging market to be the number one option for cement on the island in a short space of time.”

Maloney’s other related Saint Lucian connection is Richard Du Boulay, named by the Saint Lucia government earlier this year as the Radical Investments official the original deal was negotiated with for Saint Lucia to pay $7.3 million for 100,000 vaccines, as part of the three-nation deal.

Radical Investment’s (Richard) Du Boulay is the brother of ex-Prime Minister Allen Chastanet’s wife, Raquel (Du Doulay) – and the former prime minister’s Brother-in-Law.

David Du Boulay is not mentioned in any of the press reports quoted out of Barbados, but court documents in the case filed in Florida by Radical Investments say: “As of the date of filing of this Complaint, RIL (Radical Investments Limited) has been returned approximately $5.4 million of its initial deposit, leaving approximately $6.7 million in arrears…”

Maloney’s case (to be filed Monday in Florida) is expected to attract as much attention in Saint Lucia, Barbados, the region and elsewhere, especially given the high level of intrigue and deceit being alleged — and Maloney’s rock-solid connections at prime ministerial levels in both countries, where his investments do matter.

St. Lucia News Online

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