Oh No Parris Must Go!

Leroy Parris

BU has made the call already but sometimes one has to be as strident as one can be to be heard above the din. BU is absolutely clear in light of recent events that Leroy Parris must resign from the board of directors of the Caribbean Broadcasting Corporation (CBC) with immediate effect. Each day that passes his tenure represents an embarrassment to the people of Barbados. The fact he was forced to resign as director of CLICO last week would have come as a surprise to many. Commonsense if nothing else should have guided all right thinking people to have viewed his retention on the CLICO board as a stupid.

More than most BU has defended Parris and CLICO in the past for what both have achieved, often times having to confront severe challenges. The failure of the Office of Supervisor of Insurance and politicians positioning personal above national interest has seen the demise of a regional (and international) company which has been a beacon of success. The achievement would have been all the more satisfying to many in the Caribbean because it was built because of the vision of a Black man, Cyril Duprey. While the focus is on the financial implication of the CLICO, there is a psychological factor which has not even been discussed by social scientists.

The action by Parris to sue CLICO Holdings for 10 million dollars informed our position to call for the resignation of Parris from the CBC. Prime Minister Freundel Stuart explained – not with his usual eloquence – in parliament that it is Parris’ right to do what he wants. It is the right of the people to expect that he should resign from a state agency with good reason. By suing CLICO Holdings Parris is de facto suing the people of Barbados. CLICO Holdings is the legal entity which has umbrella responsibility for all CLICO interest in Barbados.  Although CLICO is a private company there is an acceptance or so it seems from the ‘talk’ that the government will participate in some form of a bailout. By Parris’ decision to sue he has ‘spat’ in the faces of all Barbadian taxpayers. Yes indeed it is his right to sue but to refer to the more politically versed response of Prime Minister Denzil Douglas, Parris would or should have weighed the fallout from any action he has taken.

The naiveté which the government continues to demonstrate when dealing with Leroy Parris is mind boggling. One would have though the Democratic Labour Party (DLP) could have taken the opportunity to jettison the political dead weight which Paris has obviously become with the passing of the late Prime Minister. Instead we had Prime Minister Fruendel Stuart giving root to the public perception that Parris has the DLP by the short and curlies. A perception based on the view that a CLICO led by Parris has contributed heavily to past DLP campaigns. The result will be that the negative weight of Parris and CLICO has been transferred to his administration like an athlete would in a 4 X 100 relay.

Oh no Parris must go!

0 thoughts on “Oh No Parris Must Go!


  1. Utter rubbish to justify a Government guarantee of 20million or any such number.

    Instead

    Seize clico’s assets.
    Investigate, prosecute and jail any proven fraudsters
    LIQUIDATE.
    Money earned then distributed among the debt holders.

    Clico has lost trust, and in the world of finance that is almost always a terminal condition.

    That bit McHale said about the US tax payers making money on the bailouts is utter rubbish. After TARP the U.S gov continued the bailouts but under another acronym QE and QE2. The tax payers in that country are maxed out, but if you consume U.S mainstream media you could never understand this fact. Quantitative easing is silent taxation via inflation and debasing currency. Thus in a recession when prices should come down the fed is artificially propping them up, the tax payer is left holding the bag and virtually zero percent interest!!! double screwed!!


  2. http://cbc.bb/index.php?option=com_content&view=article&id=2369:new-cbc-board-announced&catid=7:barbados-news&Itemid=12

    NEW CBC BOARD ANNOUNCED

    User Rating: / 0
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    Wednesday, 27 April 2011 20:21
    Human Resources management consultant, Michael Worrell, is the new board Chairman of the Caribbean Broadcasting Corporation.

    Deputy Chairman is Althea Wiggins-Rock. Other new appointments include Cranston Browne and Randall Outram. Peter Boyce, Bishop Wesley Dear and Angela Watson have been retained from the former board.

    Other members include the Permanent Secretary, Special assignments in the Prime Minister office or his nominee, and the Chief Telecommunications Officer of his nominee.

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