The Government of Antigua and Barbuda has rejected the claim made by Greek billionaire, 50-year-old Alkiviades “Alki” David, who alleged that he and Chase Ergen – the heir to a satellite fortune – were developing a cannabis business venture in the twin island state.

The Attorney General and Minister of Legal Affairs, Steadroy Benjamin, told OBSERVER media yesterday that he had no knowledge of any such business venture or proposal.

According to reports from St. Kitts, David, the heir to the Coca-Cola fortune, was arrested by the Anti-Narcotics Unit at the Robert L. Bradshaw (RLB) International Airport on May 7th after a search of his private jet discovered more than $1.3 million worth of cannabis on board.

In April, David and Ergen announced that they had formed a consortium aimed at developing the cannabis business in St. Kitts-Nevis, Dominica and Antigua and Barbuda.

However a St. Kitts government statement issued on Tuesday quoted Prime Minister Harris as saying recently that “non-nationals would not be permitted to secure advantages over nationals of our Federation as we set about to build out a marijuana industry”.

Antigua and Barbuda has been vetting several groups of foreigners, including US actress Whoopi Goldberg, who are interested in setting up businesses to use cannabis for medicinal purposes, but no mention had ever been made of David and Ergen.

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