The Central Bank of Barbados has confirmed that any misunderstanding regarding the status of Verus International has been clarified and resolved.  Verus International is in good standing to conduct its business in Barbados.
 
In making the announcement, Governor of the Central Bank DeLisle Worrell explained, “Verus International has met all the criteria to operate as a private investment firm.”  He added, “The Company has been licensed under the International Business Companies Act in Barbados since 1999, and is approved to conduct business here.  We value Verus International’s long-standing presence in Barbados and are grateful for their vision and commitment to the region.”
 
Ajmal Khan, Chairman and CEO of Verus International, was pleased any miscommunication is now cleared up and reiterated the Company’s commitment to Barbados and continued investment in the Caribbean.  Mr. Khan explained, “Verus International has operated in Barbados for 15 years.  We appreciate the professionalism and support of the Central Bank of Barbados in this matter.”
 
Verus International, a leading diversified global investment group based in New York and Barbados, invests across multiple sectors including Energy, Infrastructure, Real Estate, Education and Health & Wellness.  Having already made significant investments into Real Estate, Hospitality, and Sports and Entertainment in the Caribbean, the Company is seeking additional opportunities in the Caribbean that leverage its global relationships and generate significant economic development for the region.