The Associated Press reported on October 12, 2001 that Grenada has suspended its program of allowing
foreigners to buy passports, saying the practice was too risky after the terrorist attacks in the United States.
``Grenadian passports can end up in the wrong hands and be used for purposes other than for that which they were intended,'' Grenada Finance Minister Anthony Boatswain said.
The program drew criticism even before the Sept. 11 attacks on New York and the Pentagon, with some saying the practice allowed criminals to effectively adopt new legal identities for a price.
Grenada also recently was placed on an international blacklist of countries considered uncooperative in fighting money laundering. It was unclear whether Grenada's decision to suspend the economic
citizenship program was related to the blacklisting.
Officials say the suspension will cost the island between $1.8 million and $2.2 million yearly
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