BU regards the following as a matter of public interest (snagged from Facebook)
This outrageous proposal is the outcome of a totally secret Report filed with the Court by the Judicial Manager last Friday 19th October and mysteriously sanctioned within 7 days without any consultation or public announcement whatsoever. If ever there was evidence needed that this Government has continually made false promises and reassurances to an unsuspecting and trusting electorate, then this is it.
The result will be that policyholders will be lucky to see as much as 50 cents on the dollar. Any CLICO or BAICO policyholder, their family member, business owner or person hoping to keep their job or get a new one who votes for the DLP at the next election, deserves everything (or should that be next to nothing) they will get. This is an outrage, especially as BIPA has had meetings with the Opposition at which viable and satisfactory solutions to the debacle have been negotiated. Is this why the PM has so far been ‘too busy’ to accept BIPA’s invitation to meet with him. Next thing we will hear is that he knows nothing about this. Or maybe he feels that he does not need the 35,000 voters who are policyholders, not to mention all those others who will be devastated by this.
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