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Business Crimes BulletinColumns & DepartmentsLitigationWhite Collar Crime

Business Crimes Hotline

By ssalkin
February 01, 2020

Former Barbados Government Official Convicted on U.S. Money Laundering Charges Following Insurance Company of Barbados FCPA Settlement

On Jan. 16, 2020, a federal jury in Brooklyn, NY, convicted a former member of Barbados' Parliament, Donville Inniss, 54, on two counts of money laundering and one count of conspiracy to commit money laundering in connection with a scheme to accept approximately $36,000 in bribes from the Insurance Corporation of Barbados Limited (ICBL). Inniss, 54, is a U.S. permanent resident with homes in both Barbados and in Tampa, FL, where he was arrested in August 2018.

As the Minister of Industry, International Business, Commerce, and Small Business Development in Barbados, Inniss exercised authority over several government agencies, including the Barbados Investment & Development Corporation (BIDC). According to prosecutors, between August 2015 and April 2016, Inniss used his role to secure $36,000 in bribes from ICBL executives in exchange for BIDC renewal of two government insurance contracts with the company. The contracts in question related to insurance for over $100 million worth of government property.

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