Thanks to Bajan Citizen for producing relevant links to the latest story making the rounds about Mark Maloney being scammed out of US10 million dollars purported to be a payment for 1 million doses of the AstraZeneca vaccine on behalf of Barbados and two other governments.
The blogmaster has two questions:
- On what basis was Maloney’s company Radical Investments Ltd selected to broker this transaction.
- Is the government out of pocket because of the errant transaction.
- How does being out of pocket USD6.7 million affect Maloney’s financial state to continue to do business.
Mark Maloney Says $12M COVID Vaccine Deal Was A Scam
https://www.law360.com/commercialcontracts/articles/1422923/barbados-co-says-12m-covid-vaccine-deal-was-a-scam
The case is Radical Investments Ltd. v. Good Vibrations Entertainment LLC et al., case number 9:21-cv-81761, in the U.S. District Court for the Southern District of Florida
Radical Investments Ltd. is a St Lucia registered company owned by Mark Maloney.
He appears to have been swindled out of $6.7 millon USD from the governments of St Lucia, the Bahamas and Barbados who contributed money to buy COVID vaccines for their citizens.
“In April 2021, the Governments of Saint Lucia, The Bahamas and Barbados initiated a bulk purchase of AstraZeneca vaccines, as the minimum purchase from authorized suppliers was one million (1,000,000) vaccines.”
http://www.govt.lc/news/saint-lucia-s-efforts-to-secure-high-demand-covid-19-vaccines.
St Lucia contributed $7.3 million EC
https://www.caribbeannewsglobal.com/approval-of-direct-purchase-for-astrazeneca-radical-investments-ltd/
Mark Maloney is deputy chair of the private sector group put together last March to fundraise and acquire more vaccines.
https://barbadostoday.bb/2021/03/03/high-powered-group-ready-to-assist-with-vaccine-financing/
It is not clear what due dilligence Mr Maloney did before entering into this commercial arrangement with Good Vibrations Entertainment LLC. If you were looking to purchase pharmaceuticals would you do business with a company whith a name that connotes mechanical sexual services, and with an address at 21218 St Andrews Blvd Suite 318 that is a mailbox in a UPS store where 175 other fly by night companies also have their “headquarters”???
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=CurrentList&searchNameOrder=GOODVIBRATIONSENTERTAINMENT%20L210002390860&aggregateId=flal-l21000239086-b92f38d8-b344-45fc-b36d-1320f1675828&searchTerm=GOOD%20VIBRATIONS%20AUDIO%2C%20LLC&listNameOrder=GOODVIBRATIONSAUDIO%20L190000122850
1,308 responses to “Mark Maloney Scammed!”
What deceptively lured, these went out of their way and made it their personal business to take proposals to other island managements that they could procure vaccines…Chastahet said there were many of them… they chose Radical…no one sent and called them with their 12 Million dollars,..they went looking for crooks or it would be handled differently…so what did they invest in….bet ya they can’t answer that.. ..no one cares about the market…and ya should have allowed real professionals to do the procurement…they are people with that specialty…..the spinning won’t work..what deceptively lured what…..deceptively caught….😂😂
T”he legal filing claimed the company was “deceptively” lured into an “elaborate” U.S. $10.2 million scam for one million “non-existent” doses of the AstraZeneca vaccine through a Florida-based company.
“This is a classic and very unfortunate example of the very deleterious environment, which currently exists across the world as small and vulnerable countries try to gain access to life-saving medication,” she said.
Bradshaw said the deal was struck this past February when vaccines were not readily available, and the government was using any means necessary to secure them for Barbados.
“We agreed to facilitate one million vaccines because for those who understand the process they would realise it is not something that you can just say, ‘I want 50, I want 100, I want 2 000’,” she said.
“The way the market is working is that you have to purchase at least a minimum of one million vaccines, and it was our understanding that other countries in the region were also grappling with how they get vaccines as well, so we would have helped to facilitate these other countries as well.”
Bradshaw said the deal falling through contributed to the delays that Barbadians experienced in getting vaccines a few months earlier.
“Fortunately, having entered into good faith dealings with an extra-regional supplier to procure the vaccines for Barbados, the regional private sector company, Radical Investments Ltd has been unable to get the supplier to hold up its end of the arrangements and deliver the vaccines as promised,” she said.
“I think on many occasions you have heard the Prime Minister (Mia Mottley) and Health Minister (Lt Col Jeffrey) Bostic tell the country we are awaiting the arrival of vaccines, and on different occasions, we kept saying we were trying to source those vaccines and they should be arriving shortly. That really was what that was connected to.”
@ Miller September 22, 2021 7:19 PM
“Not even the John No.2 or your fellow yard-bird Lorenzo can come to your rescue.”
Why would these two stand by our Supreme Leader and her herald Maloney? After all, there are also impartial and absolutely neutral observers like Tron on BU who consider Maloney worthy of a knighthood.
Maloney has made so much money on the backs of the black masses with Grotto and Coverley, a few million is nothing more than financial peanuts.
The past few months have not been good. After the tourism slogan, things just seem to go downhill.
Well well looka what happen the conspiracy theorist led by the madwoman waru now left scrambling to continue to try to create panic among bajansby once again misleading the blog .As usual she has no evidence to back up all the noise she was making.She claims Ms Bradshaw is lying.I know if i have to choose who to believe it would be Ms Bradshaw and not the notorious liar Waru or any of the politicallly driven anti Mottley noisemakers on here.Keep hoping for the worse for Barbados by attempting to drah it, s name through the mud.I gone.
I’m wondering if this is coincidence.
St. Lucia, Bahamas,and Barbados.
Former SLU PM, Allen Chastanet, was recently defeated at the polls after ONE TERM in office.
Former, BHS PM, Hubert Minnis, was also defeated at the polls after calling a snap election and serving ONE TERM as well.
The way things are going in Barbados, it seems as though a similar fate awaits Mia Mottley.
Lol…Artax @ac going to kiss yah
Isn’t it amazing in a climate ripe for an opposition movement we have none remotely on the political horizon? Another election cycle will see the other member of the duopoly hoping to win by default, not earned.
What would have happened if the Honourable Maloney had procured the vaccine in the spring? Everyone (except the opposition) would have hailed him as a hero. After the failure, Maloney deserves all our respect. He is a true patriot.
Those who are now faithlessly crying for the DLP should be ashamed of themselves. Only fanatical racists who wish eternal economic servitude and Haitian-like conditions for the black masses on our island still vote DLP.
At the end of the year, our Supreme Leader will triumph. All those willing to be vaccinated will then be vaccinated. The crisis will be over and we can look forward to a great and happy year in 2022.
Why did Barbadians fall for the scammers? Out of sheer desperation. If our nationalist socialists had not seceded Barbadians from the motherland in 1966, we would have benefited from the Astrazeneca vaccine from the UK since December 2020.
In other words, the DLP independence policy is responsible for Those who cry out for independence must also answer for the many dead.at least 30-40 Corona deaths. I think it is time for the DLP President to apologise for what Barrow did in 1966.
The best investigative reporting in the Caribbean on the vaccine scam.
https://www.facebook.com/viconsortium/videos/162641786024466/
Artax September 22, 2021 8:37 PM
“I’m wondering if this is coincidence.
St. Lucia, Bahamas,and Barbados.
Former SLU PM, Allen Chastanet, was recently defeated at the polls after ONE TERM in office.
Former, BHS PM, Hubert Minnis, was also defeated at the polls after calling a snap election and serving ONE TERM as well.
The way things are going in Barbados, it seems as though a similar fate awaits Mia Mottley.”
My response to that:- (i couldn’t help..lol)
Man, Mark Maloney was an issue on the BLP platform of 2018!
You cannot expect a pass on jumping into bed with him immediately after winning the election!
As Artax pointed out the man made a seamless transition from outlaw to in-law and apparently our Lord and saviour without whom nothing can be made that needs to be made.
The stone that the builder rejected has become the head cornerstone.
Transformation of biblical proportions!
And for those who don’t understand why a man might use his own money- think a little harder and get back to me!
The BLP grandees (elders) have a decision to make. This situation is untenable.
Integrity has become a stranger in the country of my beloved parents.
Too long PLT!!!
Peoples on here don’t have the attention span!!
Sounds like they all went surfing!!
Our naive masses will forget this little mishap at the latest with the proclamation of the Republic! Their attention span is as long as that of small children. You just have to appeal to their nationalism and pride. That’s how it’s worked since 1966.
Time to move on to the next topic!
It is now clear that Mark Maloney was the person to whom govt handed the money
Santia Bradshaw in the press statement made pains of noting that the scammers did not receive money from the govt and therefore govt is not expecting any money from the scammers
However what she intentionally not said that Monies to procure the sale would have been handed to Mark Maloney working on behalf of the govt
The report is stating that Mark Maloney is seeking to have 6 million dollars return to his company the question then why would Mark Maloney pay out of pocket money for a product which he personnally couldn’t use
The answer lies within the role in which he played on behalf of govts as the collecting agent to secure the vaccines
JohnSeptember 22, 2021 10:13 PM
Too long PLT!!!
Peoples on here don’t have the attention span!!
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Not so
Riveting and expanded details which brought to light many possibilities of the way govt might have gone about relying on Mark Maloney to get the vaccine
One can say a level of high trust was meted out to Maloney a reason why govts in haste was quick to hand Maloney that much money to get the vaccine and not much worrying about the source of the vaccine
In any international country this kind of outside influence of sourcing could land Maloney in jail
He better be careful the USA govt don’t bring charges against him for intentionally buying pharmaceutical vaccines within an intent to resell to govts from unknown sources
De grands could never explain the math because it has little to do with math and all to do with big people and their scams.!!
I wonder how many more people these Miami scammers hit? This remind me of Clico, in that if it sound too good to be true then it usually is. Vaccines scarce like gold dust even governments begging for some direct from Astra and can’t get, then low and behold an Entertainment company in Florida just so offered to get vaccines for you no problem and that ain’t send up no red flags?
ArtaxSeptember 22, 2021 6:49 PM
@ John A
I need to avail myself with all the relevant information as well, rather than rushing to make comments that are based on speculation and personal assumptions.
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Check the BU archives your favourite library for all kind of documents
@ angela cox September 22, 2021 10:40 PM
Maloney is an honourable businessman without fault. Didn’t he give our masses a rich gift of beautiful doghouses at Coverley Plantation? And has he not enjoyed the confidence of Big Sinck, our native financial genius?
PM
@David
I believe that you are missing the point @ “Cuhdear” @4.37. She is saying that the Deputy PM’s statement contradicts the denial made by the Minister of Health it has nothing to do with Cabinet collective responsibility.
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The MOH denied ONLY – that he knew the name of the company ( so he couldnt comment )
He never claimed that the ministry/ goverment did not have an arrangment with malmoney
Most of you Are just Running down the rabbit hole
@Tron
You wukking overtime tonight….but a RH knighthood? The coming Republic must shed all colonial ties. And Knight is as colonial as they come. Whether St.Andrew is a parish or not.
David
You are missing something important.
In international trade, business, banking, finance the acts of any party involved in a transactions are generally deemed to be the acts of all parties.
Therefore if Maloney introduces a criminal purposed-seller in a transaction in which Caribbean governments are known to be involved all the parties are assumed to have been involved in or connected to the misdeeds of a single party. This is why banks, for example, follow “know your customer” rules. Unlike Barbados no one can plead ignorance to the acts of another.
@ NorthernObserver September 22, 2021 11:26 PM
Exactly! Timing is crucial. So our government needs to hurry up if Maloney is still to get his knighthood for Coverley and Astrazeneca.
@John2
Ya better sue BT, for this is what they published
“However, Minister of Health and Wellness Lieutenant Colonel Jeffrey Bostic has denied any dealings with, or knowledge of, the multi-million dollar operation intending to secure vaccines for use in Barbados.”
@Tron
I thought it was for auto racing, Grotto, the coming Hyatt, and philanthropic contributions
@ NorthernObserver September 22, 2021 11:42 PM
The Hyatt was a wet dream in Maloney’s brain. I know first hand that Maloney is out of the project. I would be very interested to know if a tax-free car was in the AZ deal for him this time too.
I think I’ll go to Preconco tomorrow, order a thousand concrete slabs and sell them overseas. No down payment, of course. With Maloney’s boundless naivety, that shouldn’t be a problem. Seriously, though. The man is a financial illiterate. You can’t even pay by credit card at Preconco.
@ Pacha
“
Therefore if Maloney introduces a criminal purposed-seller in a transaction in which Caribbean governments are known to be involved all the parties are assumed to have been involved in or connected to the misdeeds of a single party. This is why banks, for example, follow “know your customer” rules. Unlike Barbados no one can plead ignorance to the acts of another.”
It would not be surprising if money laundering is looked at as well in these circumstances. We are merely at the surface right now. As you correctly stated once governments are involved , one never knows how these things will end up.
Great video PLT….so according to some top class investigative reporting St. Lucia is the only one got jabbed by Radical Investments who don’t even seem to be a registered company let alone a vaccine procurer…what a huge surprise..
For the dunces…cabinet can convine and have a check cut MANUALLY and no one would be the wiser and LIE about for as long as they could breathe..even i know that…and with Santia stumbling over her words…there is no one to say that is not what hapoened…it’s just a matter if ya believe them or not and i dont since i have no reason to.
But my concern is…who gave Chastenet a glowing testimonial that the maloney boy is a vaccine procurer…..so a company that does not exist after a records search, as someone on BU searched and relayed something was off about the company’s existence, think it was Theo, files a lawsiut in Florida claiming they got robbed by an entertainment company that also falsely claimed it too can procure vaccine…told yall the court in Florida has to sort this out because since yesrerday morning it was understood that this could go sideways. Too many false claims..
Yep court caee in Florida claiming they were robbed of 10-12 million by crooks who also claimed they could procure vaccines…when at the time Barbados had unused vaccines.,
Then nonexistent Radical gets 5 milion US returned to it and to date HAS NOT RETURNED ST. LUCIA’S 7 MILLION EC….St. Lucia should sue Maloney as Barbados’ government agent to return those funds because Bahamas said they have no clue about the whole shit show….understandable because they changed governments days ago, the new one has to get settled un and investigate.
am sure Cuddear is still selling bridges out of Brookkyn.
My take on the information is
BD Government would have purchased the vaccines if they were available but they were not ever available
Maloney was not a broker between parties he wanted to be a seller by buying the allocated Bajan stock with his own money
People are criticising the property developer for attempting to procure vaccines to fight Covid during pandemic
Source: Nation
There is nothing wring with Barbados taxpayers questioning why government deviated from the established procurement process. If as the PM and deputy PM are making out, buying COVID vaccine is like the wild wild west – what is wrong with sharing that info with the public how government was going about it i.e. linking with middle players, and why MAM2?
It is a democracy, a government of the people for the people.
Source: Nation
The more this scam issue is brought into the public sphere
The illegality of what occured is given food for thought and questions that should be asked of those involved
Does Mark Maloney has a license to buy medical supplies in bulk which can be sold to govts or business
This vaccine needed FDA approval and came with strict guidelines
How is it that any govt along with Mark Maloney can take it upon themselves to rub against illegality to purchase vaccines on the black market
Mark Maloney step on thin ice with an intent to buy a high risk vaccine outside the standard procedure of WHO govt approval
One can bet that if a person of different races was caught being involved in such illegal transactions of attempting to buy and sell vaccines on the black market jail time would await the individual
This brazen attempt by Mark Maloney is wanting of justice intrusion with an understanding of sending a message that such illegal behaviour which can cause harm or damage to the health of innocent people would not be tolerated
Govt was wrong to get involved in such scandalous illegalities and their fate should be handed to them by calls for resignation forthwith
He was led to believe that the vaccines were available if they were bought in batches of 1 million doses, and approached St. Lucian Government to take up excess stock surplus to Barbados’ requirements.
Why you all dontstop posting nonsense? The vaccine manufacturer will only deliver covid vaccine to governments.
“Check the BU archives your favourite library for all kind of documents.”
“Check the BU archives” for documents on a recent development that has not been fully vented in the public and for which more information is being sought.
Now, BU couldn’t have wanted a more perfect example of a semi-literate buffoon.
Yeah, the ‘BU Archives.’ It’s the place to consult for those of you who love to deny silly statements and untruths you previously mentioned.
Let the cussing begin.
DavidSeptember 23, 2021 5:08 AM
Why you all donot stop posting nonsense? The vaccine manufacturer will only deliver covid vaccine to governments.
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Why don’t u stop putting your two cents worth in things u don’t understand
The politics involved in this scandal is mind boggling
Also the illegalities begs for answers
This story has more legs than a centipede and vicious stings that could have caused innocent lives
If this story was brought to light in the USA the justice dept would have got involved forthwith and Mark Maloney instead of seeking justice on monies lost would be looking face to face with a justice system holding him accountable for buying vaccines on the black market
ArtaxSeptember 23, 2021 5:17 AM
“Check the BU archives your favourite library for all kind of documents.”
“Check the BU archives” for documents on a recent development that has not been fully vented in the public and for which more information is being sought.
Now, BU couldn’t have wanted a more perfect example of a semi-literate buffoon.
Yeah, the ‘BU Archives.’ It’s the place to consult for those of you who love to deny silly statements and untruths you previously mentioned.
Let the cussing begin
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Oops I pushed your red buttons
Lol 🤣🤣🤣🤣🤣😆
OFAC are intermediaries in Banking System investigating foreign transfers from various targeted sanctioned Governments, businesses, groups individuals etc for purpose of preventing terrorism, money laundering etc.
They can delay or stop payments reaching recipients with no explanation provided to either party involved.
Innocent people are often hit without knowing why.
The question is whether Good Vibrations received the money and did not provide the vaccinations as agreed.
What money is ‘loss’? A minister of government has categorically stated no money was paid to Radical Investment. The case filed in the US mentioned the Maloney’s company was procuring vaccine for 3 governments, neither Barbados or Bahamas have admitted to being out of pocket:
You stick to what you know about the US.
The public should press for all information related to the project without fabricating nonsense. When the case is called we will get the facts. Why would government deny paying Radical Investment knowing the truth will come out in the wash?
David 3:08
Is this a requirement for the COVAC system?
The real concern should have been, why are they still holding on firmly to their patents and not distributing them free of cost to governments with manufacturing competencies since it was state funding given them to develop these vaccinces in the first place?
This suggests a wider conspiracy. A real conspiracy against the people no less virulent than the Maloney one.
Why this exception to capitalism along the distribution system alone? Seems inconsistent with capitalism as practised by monopolists.
Middlemen selling vaccine is nothing new for your information. This is to assist where ignorance abounds.
“You stick to what you know about the US.”
Who are you firing at?
Barbados population is the size of a small city and needed to club together with other Caribbean countries to order minimal sized batches of vaccines available on the market at going rates.