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  • Schmidt was Frustrated with waiting for more than 55 days for Alfa Nero

Schmidt was Frustrated with waiting for more than 55 days for Alfa Nero

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It would be accurate to say that just like superyacht Alfa Nero’s sailing days are behind her, so are ex-Google CEO Eric Schmidt’s waiting days.

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The billionaire is finally done with waiting for the Oceanco beauty that made legal troubles her best friend.

Fate remains unchanged for the 269-foot vessel abandoned in February 2022 by Russian oligarch Andrew Guryev.

Schmidt has backed out of purchasing a superyacht incessantly mired in lawsuits and withdrew his $67.6 million bid.

According to Bloomberg, Antigua and Barbuda’sambassador to the US, Ronald Sanders confirmed the Silicon Valley tycoon withdrew his winning offer made on 16th June 2023 for the luxury vessel several days ago.

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Eric Schmidt had been advised by his lawyers against making the payment to Antiguan government for a few days.

“Schmidt, because of the legal wrangling, determined that we could not give him clear title of the ship, ” Sanders said in a Friday interview. “That’s not accurate, because the ship belongs to us, it is owned by the government.” Schmidt lawyers and advisers believe otherwise; in their opinion, any property subject to litigation isn’t free and clear.


The 267-foot Alfa Nero, complete with a baby grand piano and a swimming pool that turns into a helipad, would be an excellent asset for any billionaire, but that’s not Eric Schmidt, after all.

The master cabin of Alfa Nero.Via Charterworld

Perhaps the government will iron out the legalities, and Alfa Nero may land in the lap of American billionaire Warren Halle, who has sued the Government of Antigua for breach of contract and not letting him take the yacht home per the auction rules.

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]