Stanford Super Series with the Superstars and England. The tournament collapsed following the arrest (and subsequent conviction) of Allen Stanford for an $8 billion fraud, part of which funded the prize money for the Super Series. Allen Stanford proposed emphasizing Twenty20 cricket as a way to promote cricket in the West Indies. He created the Stanford 20/20, a yearly tournament featuring teams from the island nations that made up the West Indies. From the first edition of his tournament in 2006 he aimed to have the best players from his tournament play as a team against an international team. Initially South Africa had
Foreign policy of the Hugo Chávez administration (ALBA) international cooperation organization and the Caribbean oil alliance Petrocaribe. In 2009 Antigua and Barbuda received US$50 million from Venezuela because of the country's membership of these initiatives. After the American billionaire fraudster Allen Stanford became embroilled in scandal, Hugo Chávez sent urgent financial assistance to Antigua and Barbuda, which was heavily dependent on Stanford's investment when his business empire collapsed. "We have benefited from these relationships and so we will continue to forge these alliances, whether it is with Venezuela, Cuba or whoever else that we feel is in the interest of Antigua and Barbuda and the sub-region", said