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Allen Stanford with the first instalment of his spousal support
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It is not just the USA federal agents who would like to know the whereabouts of Allen Stanford right now. His estranged wife, Susan, is also wondering what has happened to him, after the date of their divorce hearing, scheduled for 9am local time today, had to be postponed,
An attorney for Mrs Stanford told ABC News that the rescheduling had nothing to do with the recent revelations, but nevertheless, the timing is sure to raise one or two eyebrows. And, in the light of her husband's financial meltdown, she might wonder what will be left for her after the settlement is finally agreed.
Among the conditions of the divorce, according to the temporary orders filed on May 29, 2008, Robert (sic) Stanford must pay Susan Stanford $100,000 a month in spousal support. In addition, he will provide expenses and coverage for a 2004 model Mercedes G55, a 2008 Mercedes S63, and a 1998 Porsche Boxter.
The expenses for Susan's residence in Holly Springs are also meant to be covered, plus the costs of her condo in Kirby, Huntington, which is currently in the temporary possession of their daughter, Randi. She is also to be given access and use of her husband's corporate jets, yacht, the Friar Hills estate in Antigua, and all Stanford company tickets, including the Stanford suite at Toyota Center.
Never mind the SEC investigation, with those sorts of demands, it's little wonder that Stanford has gone into hiding.
Despite saying that he would reveal all about his future plans in January, Texas billionaire, former cricket-lover and renowned self-publicist Allen Stanford has been very quiet of late.
Rumours have continued to circulate that he was about to completely pull out of Caribbean cricket following his decision to disband his self-styled legends and close his cricket office in Antigua. There was also talk that the global recession might have dented his financial empire.
Prospects of him continuing to bankroll West Indies cricket were further undermined this week when 200 employees of the Stanford Development Company in Antigua were laid off, leaving the island's prime minister distinctly unimpressed.
A spokesman for the company said they "had to reassess the market in Antigua especially in light of the global economic downturn". Where pouring tens of millions into the region's cricket fits in with that remains to be seen.
Surprisingly, the island's newspaper, the Antigua Sun, owned by a Stanford company, didn't think the redundancies were worth flagging on its website.
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