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Last update - 17:11 18/10/2008
Israelis freed after being taken hostage in Caribbean
By Haaretz Service and The Associated Press
Tags: industrial dispute 

The Israeli construction company Ashtrom announced on Saturday that its remaining employees being held against their will by disgruntled Chinese workers on the Caribbean island of Turks and Caicos have been freed.

Ashtrom had agreed to pay wages due to Chinese workers building a luxury resort, in return for the release of the remaining managers and engineers that had been allegedly held against their will since Monday, the Turks and Caicos Islands government said on Friday.

"Police had access to them. There was no hostage situation," Turks and Caicos Deputy Police Commissioner Hubert Hughes told The Associated Press on Friday. "There were no injuries or weapons."
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"Nine Israelis left West Caicos late Thursday and four remain," Hughes said.

Ashtrom officials did not immediately return a phone call seeking comment, but a company representative on Thursday also denied reports of hostage-taking.

Ashtrom was contracted by Logwood Hotel Development Co. to build the
Ritz-Carlton Molasses Reef project on West Caicos. Several hundred Chinese laborers were hired as laborers. The high-end resort would be the first on West Caicos, a 23-square-kilometer island in the British overseas territory southeast of the Bahamas.

The project was 75 percent complete when it was halted this month because Lehman Brothers, which financed the development, filed for bankruptcy and the developers were unable to secure additional financing.

The Turks and Caicos government said it was confident that the Molasses Reef developers would secure new financing and the project would resume.

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      1.   Hostages 22:03  |  MIKE 17/10/08
      2.   A High-End Luxury Resort On West Caicos? 00:37  |  Jeff Northridge 18/10/08
      3.   Jeff Northridge #2 That luxury resort...what a shame no? 12:52  |  S 18/10/08
      4.   Chinese workers/Isreali hostages 13:34  |  Mel McManus 18/10/08
      5.   Everyone knows through kidnapping Israel will do anything! 16:28  |  David 18/10/08
      6.   What if they tried this in Israel? 23:44  |  Joe Sittizen 18/10/08
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