Universal Government Agencies Limited [UGAL]

Published: Friday January 25th, 2008

It has come to the attention of the Central Bank of The Bahamas that an entity styling itself "Universal Government Agencies Limited" (UGAL), purports to have entered a written agreement, dated 31st December, 2007 with the Central Bank of The Bahamas for the production and sale of commemorative coins of the "Republic of the Bahamas". The agreement falsely purports to contain the signature of Mr. Michael Lightbourne, Deputy Governor of the Bank. A Mr. Larry Chan, claims to be the Managing Director of UGAL.

Neither the Central Bank nor any of its officers has entered any contractual arrangements whatsoever with UGAL, or appointed or authorised UGAL or any of its officers or subsidiaries or affiliates to represent the Bank in any capacity or to undertake any function whatsoever for or on behalf of the Central Bank of The Bahamas or for or on behalf of the Commonwealth of The Bahamas. 

UGAL holds itself out as operating from the following address:

Universal Government Agencies Limited Room 2601, 26th Floor, Wing On House, 71 Des Voeux Road Central Hong Kong

Members of the public with information about this entity should contact:

Legal Unit Central Bank of The Bahamas P.O. Box N-4868 Nassau, Bahamas

Tel.: (242) 302-2611 Fax: (242) 323-7795 Email: [email protected]

25th January, 2008