East Timor's President Under Fire Over Diplomatic Passport to Businessman Behind Cryptocurrency Resort Project East Timor's opposition is demanding answers from President Jose Ramos-Horta after it emerged that he issued a diplomatic passport to a Chinese businessman involved in a contentious cryptocurrency resort project. The AB Digital Technology Resort, which has been at the center of a months-long investigation by the Guardian and Organised Crime and Corruption Reporting Project (OCCRP), has raised concerns over the prime beachfront real estate it occupies in the country's capital, Dili. Opposition MP Florentino Ximenes da Costa "Sinarai" has questioned how foreign investors in the project secured the land, sparking calls for Ramos-Horta to explain his decision to grant the diplomatic passport to the businessman. As the controversy surrounding the resort project deepens, Ramos-Horta faces mounting pressure to address the allegations of impropriety and ensure transparency in the country's dealings with foreign investors.
Jose Ramos-Horta urged by opposition to explain diplomatic passport given to businessman behind resort project, who denies any involvement with organised crimeTimor-Leste’s opposition has questioned how foreign investors in a proposed cryptocurrency resort obtained prime beachfront real estate in the country’s capital, and has called on the president to explain why he issued a diplomatic passport to a Chinese businessman involved in the project.Speaking in parliament in Dili on Monday, Fretilin opposition party MP Florentino Ximenes da Costa “Sinarai” raised concerns about the proposed AB Digital Technology Resort, which was the subject of a months-long investigation by the Guardian and Organised Crime and Corruption Reporting Project (OCCRP). Continue reading...
