Allen Stanford Stanford created and funded the Stanford 20/20 cricket tournament in the West Indies, for which he built his own ground in Antigua. The first Stanford 20/20 Cricket Tournament was held in July and August 2006. The second tournament took place in January and February 2008 with a global television audience of 300 million. Trinidad and Tobago took first place and with it the US $280,000 Stanford Super Series prize after defeating Middlesex on October 27, 2008. In June 2008, Stanford and the England and Wales Cricket Board (ECB) signed a deal for five Twenty20 internationals between England and a West
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