St Kitts and Nevis Prime Minister, Dr Terrence Drew, says forensic auditors has uncovered what he says was massive corruption in the Development Bank.
He says the financial institution has a debt of more than 330 million dollars, most of which was borrowed from socials security.
Dr Drew who is also the country’s Finance Minister, says legal action will be taken because the audit found millions of dollars were allegedly found in bags.
He says the government has since put money back into the bank.