An article appeared in The Nassau Guardian on the 23rd of February 2011, alleging that a Cable & Wireless (“C&W”) Executive is an URCA advisor. The article makes reference to URCA’s on-going role as the competition authority responsible for reviewing and adjudicating on the transaction to privatise BTC, and questions URCA’s integrity in relation to its performance of that function.
URCA’s Board issues a press release in response. The press release can be viewed by downloading the PDF document below: