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Many years ago some questions were asked about the circumstances which led to the award of an insurance contract by the Transport Board (TB) to CGI Insurance. Although the questions were put to former Minister of Transport Rommel Marshall at the time, he or the government he represented never felt compelled to answer the taxpayers truthfully. Neither the Barbados Labour Party (BLP) or the Democratic Labour Party (DLP) have been transparent over the years about how the taxpayers business is being managed.

In Barbados as is the case in small countries where relationships run deep, it should come as no surprise that business deals and decisions are greatly influenced by ‘informal’ considerations. The fact that successive governments have resisted implementing transparency laws assures that the practice of delivering ‘favours’ has become embedded in our business ethos. This is a reality in both the public and private sectors.

This week’s Barbados Today online newspaper published a story Cuts begin which suggested that significant changes will be made at the TB very soon. Senior management at the TB, supported by the Barbados Workers Union, have denied any knowledge of  the changes. What commonsense dictates is that the TB will be impacted if the government is to efficiently introduce 400 million in cuts to public spending. The TB currently receives one of the largest transfers from government.

What often escapes notice are the private companies who benefit from the procurement policy of the public sector. To date no details have been given to the public about how the insurance contract was awarded by former Minister Marshall to CGI Insurance. The public have had to be satisfied with a dismissive statement by the former minister. How quickly we forget. The Auditor General has perennially demonstrated that it is a ineffective post if the Public Accounts Committee (PAC) continues to be frustrated in carrying out its mandate. The irony is that BOTH the BLP and DLP have a vested interest in a ‘sleeping’ PAC. BU supports the effort being made by MAM to breath life into the committee. There is a good reason why our system of government mandates that several committees operate in our parliament.

Similar questions can be asked of the private sector. On what basis did LIME award the insurance cover of its 97 vehicles to CGI Insurance in 2011? Based on BU’s estimate this translates to about 1.5 million in annual premiums. Did Alex McDonald ‘recuse’ himself when the decision was deliberated at LIME to give CGI Insurance the business? It is no secret that McDonald and CGI head are good friends and business partners. And what about a $35,000 thousand dollar duty free watch which was purchased from Little Switzerland? What role did a BLP Senator play in the transaction? And who was the beneficiary? That CGI Insurance needed the TB business is reflected in its financials 2012 over 2011.

When the four LIME shops were put out to tender last year BU became curious who would be the contractors.  BU understands that Trevor Woodroffe got the Windsor Lodge outlet and the Peter Harris got the the others. All one year contracts which are currently pending renewal. With the McDonald no longer at LIME there is a lot to lose.  As always BU is prepared to withdraw this blog and or apologize to anyone if proved wrong.


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67 responses to “A Business Ethos of Deception…the money grab”

  1. PLANTATION DEEDS FROM 1926-2013 AND SEE MASSIVE FRAUD ,LAND TAX BILLS AND NO DEEDS Avatar
    PLANTATION DEEDS FROM 1926-2013 AND SEE MASSIVE FRAUD ,LAND TAX BILLS AND NO DEEDS

    Truth is stand alone , let it loose

  2. pieceuhderockyeahright Avatar
    pieceuhderockyeahright

    @David[BU]

    You will do no such thing related to withdrawal.

    This blog is the closest thing to transparency international that we will get

    What is done in the darkness will be known of in the light, and either they go DepCom 5 with their illicit activities or they cease and desist.

    More and more people are coming out and disclosing the infelicities and unless the vandagers and vagabonds are going to kill the whistleblowers, they will have to stand the ridicule, embarrassment and social commentary for a while anyways. You know we Bajans, attention deficit disorder, it will only be in our scope for a week.

    Haman and the gallows probably is informing Fumble re the integrity legislation.

    Imagine enacting said legislation and then Lashes, Sincliar and Fumble get lock up in 2018! Dat would be classic.

    De only two uh dem dat gine get spared is Kellman cause he got he own money and Todd, causing he too Ingrunt to tief, and busy trying to find out the sexual persuasions uh de members uh parliament

    Keep up the good work David[BU]


  3. David,
    It goes on and on and people of integrity will condemn it on all sides. Rommel Marshall is man without integrity. He tried to howl and puff to bring down the BLP but truth be told, he would never reveal why he was dumped as a minister.

    When the DLP came to office in 2008, just about every insurance policy of a government entity was given to CLICO or companies with DLP leanings. No wonder ICBL told the dead king to get lost when he was forcing them to take over CLICO.

    Dont you think that there is a reason why the likes of Adriel Brathwaithe of all people, the man responsible for justice in Barbados, Donville Inniss and Richard Sealy are putting all kinds of stumbling blocks in MAM’s way to frustrate her so that the PAC does NOT function.

    Look at what we learnt yesterday, one of Richard Sealy’s lackies who is a Port Board member and also custom broker for Jada and Preconco arranged for Preconco to by pass the Port workers by “leasing” to them Flour mills’ lands to load their stuff unto vessels. And what does a corrupt Richard Sealy do when the union was brought it, tell the “without” principle chairman to pay the disgruntled Port workers for phantom work. And this country is going over a fiscal cliff. All with the blessing of a PM whom people say has integrity.

  4. Alvin Cummins Avatar

    @David.
    There we go again!Crab in the barrel mentality. I note that all the above mentioned are black people. I have not heard any questions being asked about the COW, Bizzy,Preconoco, Jada, Bjerkham, connections, Mercedes puarchases, house and land purchases among them and who got what, and all those things. What’s with our people? If I have a friend and I am in a position to help my friend in whatever way, as long as it is legal I will help my friend. If it will give him an advangtage that “will redress the imbalances” I will do it As long as it is legal. “All uh we is one”. Come on people behave like brothers, don’c come here and address each other as brothers and sisters and then get on as if we are strangers.

  5. Alvin Cummins Avatar

    @David,
    If we are going to start trying to make private businesses behave ethically then you should start with the banks (they are all foreign) their lending policies, and the private businesses, many contracts tht you will never know about being given to “friends” and the list goes on. do you think that the biggest companies got that way by being “ethical” at all times?Ethics in business is for the purist and idealist, but human nature does not allow for this.

  6. Alvin Cummins Avatar

    @Well Well, How are you?


  7. hey Alvin……..I am doing great, watching all the crap unfold in Bim……………how is your vacay shaping up??

  8. Common sense is not common Avatar
    Common sense is not common

    I am wary of people like Peter Harris.He is known to insert himself with key persons in both political parties and he is making a killing as a result of it.

    He was one of the 15 or so persons who attended Owen Arthur’s very,very,very private wedding to Julie price.Then when David Thompson came in,he was also real close to Thompson his former Combermere buddy.

    People like that are not really astute businessmen,but people who need the government bubbies to nurse on.Without these government contracts they are just like the nuts and apple hawkers.

    However he may find he gets a big surprise with Freundel Stuart who seems to go it alone with no bag men like arthur to collect his10% cut, or hangers-on like thompson with those like hartley henry and the like.


  9. Marshall is on the same level as Maloney and equally dishonest. Far as i know Harris and Arthur are the best of friends so now everyone can figure out how Harris got transport board contract…….they do all their wheeling and dealing, fraud, thievery and getting into bed with criminals all to the detriment of the taxpayers, this present government included.

  10. Common sense is not common Avatar
    Common sense is not common

    Alex McDonald I am hearing is one of the most unethical persons around.It is clear that the UK was just waiting to dump him after they were finished using him.

    That one seems to be in over his head,probably the lodge ties working again in getting him that job.


  11. @Alvin

    Do you understand what the word unethical means?

    Do you read BU daily? If you do you should glean that a day does not pass where Preconco (JADA, Bjerhjam, COW, Kyffin) are not mentioned.


  12. Ha ha ha! I like this post. Let me start with this! Nothing white can be right! Pick sense from foolishness if you dare.
    We are headed for a global shaming and soon. Proverbs 28,1( not a Bible scholar so forgive me if I am misquoting the text here) says ” The wicked flee when no one persueth!”
    Give us until years end, we will see how many Ben Johnson’s, Atto Boldens, and Usain Bolts we’ve got in this country. Probably that’s why we are making this solid push into Sports Tourism now. We see the potential of the runners we have here who are wasting time behind desks and in government office and realize that when the lid is removed from the box, the speed with which they will start to run will eclipse anything we’ve seen from any athlete in the modern era.
    Don’t expect business people to be ethical and wildly successful too.
    Today’s world doesn’t embrace the two concepts as being complimentary. We have to start be withholding our spending and crashing their evil empires. The devil doesn’t own the world, he lies to us and makes us believe that he does and there is nothing we can do about it.
    All this unchecked greed will come crashing down soon. Just wait and see.


  13. This is why the level of corruption is perceived as low in Barbados. It is not that corrupt activity isn’t rampant, it is that people accept it as the way to do business. As such, if an interviewer/pollster asks a question about corruption, people will deny it exists. Makes you wonder if countries with a higher corruption rating are not better off, as they are willing to admit that it exists. After all, a pig in a tuxedo is still a pig

  14. millertheanunnaki Avatar
    millertheanunnaki

    @ Common sense is not common | July 18, 2013 at 8:10 AM |

    What about that letter of apology that he McDonald was to issue to the Union after approval by the PM?
    Has it been sent?

    McDonald got was due to him. As an obsequious sycophant (aka ass licker) par excellence whose rise on the corporate ladder was not based on competence or outstanding managerial talent but on doing the dirty work and unethical bidding of his greedy masters he was used, abused and retributively eliminated in true comeuppance style. His sponsors have turned out to his nemesis.


  15. Anyone here knows Alex personally or just out for him?


  16. @Enuff

    Is this about Alex or the way business is done. One can substitute any number of names to illustrate the same point.

  17. Hop Scotching in Bimshire Always Avatar
    Hop Scotching in Bimshire Always

    what aout that inconspicous building opposite the Worthing Post Office where Sir Alan Fields works managing offshore companies like 🙂 PM Securities Inc. I wonder which PM that is, 80’s, 90’s or 2000


  18. @Hop Scotching

    Please explain yourself.

  19. Knight of the Long Knives Avatar
    Knight of the Long Knives

    I would not hire Allan Fields to sell coconuts far less run any business after he ran BS&T into the ground.


  20. The buffoon on the radio lambasting the blogs. So glad he reads what we say, though he does not understand!


  21. prodigal after almost ihr of a news conference all u learnt was sinclker tw word reference to blog and u called ac Stupid! ;;;;;;;STUPID. don’t me lafff. I hr into an interview and this degenerate comment is that sinckler mentioned the blogs. fuh sure u really a wayward dummy………


  22. KoLN,

    Surely you meant UNDERground lmao

  23. LIKE IT OR LUMP IT Avatar
    LIKE IT OR LUMP IT

    NIS funds being used yet again for hotel investment . Will this investment bring the returns consistent with how NIS investments shoudl be made?
    What about the Four Seasons property? No one asked anything about four seasons

  24. LIKE IT OR LUMP IT Avatar
    LIKE IT OR LUMP IT

    Sinckler aka bald pooch cat continues with his arrogance. where on the blogs has anyone posted someone is resigning from Cabinet or government. This man is salacious to say the least.

  25. Knight of the Long Knives Avatar
    Knight of the Long Knives

    @Enuff 🙂 I like how your are thinking


  26. DLP CANDIDATE, DR. DAVID Estwick ,has called on the people of Barbados to punish former Prime Minister Owen Arthur for the sale of many of the country’s assets, which has now left the country in a difficult position “Can you imagine that we had a BNB bank, owned by you and owned by me, and an ICB insurance company owned by you and by me? Can you imagine that this Administration turned around the BNB because it was unprofitable, was turned around and made profitable, and when it became profitable, Owen Arthur decided to sell it to the Trinidadians. Let me explain to you the folly in that action…
    with regards to financing and even collateral.
    “The BNB was not a drain on the Treasury, it was adding money to the Treasury. So it was helping to offset other entities that were a drain on the Treasury. Because of that you don’t sell it; but the reason why the bank is now well clearly identified as a major problem is this: For the first time because we don’t have a bank, we now don’t have the flexibility to finance our projects domestically.
    “If we had the BNB we could give many of the businessmen soft loans, we could spread out the interest rates. We could help them when they having difficulties and work along with them. But now the orders come from Trinidad – ‘sell ya business’, you have lost the flexibility because we now don’t have a bank from which we can help our own.
    “The same is true for the Insurance Corporation of Barbados because we don’t have the flexibility to be able to make adjustments with relation to insurance rates because we are helping our own in regards to minibus men and other persons who need risk coverage. I am saying†to you Owen erred and erred in a major way,” he said.
    Estwick charged that currently, when ministers went to the Trinidad banks it would normally ask for collateral, but for the projects he had responsibility, the Trinidad banks were asking for Government guarantee, they are asking for the building as collateral and then to allow them to go into the company, take the revenue and manage the facility first.
    “That could not happen if the bank was still owned by Barbadians. Understand the danger in what that man did. He removed the flexibility we had as a government in managing our financing, with relation to public sector finance and infrastructural building and you must punish him for it, because that was built on the back of the credit union and the people who sent back their pension,” he said.
    “Do not forget that every single thing that came up for sale in Barbados the Trinidadians bought. When Pine Hill Dairy came up for sale, they bought that. Arawak Cement Plant, they bought that. When Heywoods came up for sale, they bought that. BS&T, they bought that; Geddes Grant and all of them, they bought that,” he said, charging that when Arthur attempts to sell the airport, sea port, Transport Board and Barbados Water Authority, he believes they will go to Trinidad as well.
    He charged that contrary to what was being said, Chris Sinckler was not the one to start privatisation, but Arthur in 1997 told the House of Assembly during Budget debates that if Barbados was to provide further business for the Securities Exchange of Barbados, then they would have to enter a privatisation programme to re-enhance the business activity of the exchange.The companies proposed then, Estwick said were BNB, ICB, the Caribbean Broadcasting Corporation, Grantley Adams International Airport, the Bridgetown Port, Barbados National Terminals Company Ltd, Barbados National Oil Companies Ltd, and the Sanitation Service Authority.
    Source/ Author: Barbados Today.


  27. AC…can you please tell me who sold their shares to Emera?


  28. Like It,

    I agree with you. I was waiting for someone to ask him what has happened to our NIS funds invested in this must have project called Four Seasons. When he mentioned that they were again using NIS Funds to buy Almond, there was the opening and not a man asked him. How much more can the NIS Fund bear?

    The irony is that the BLP built Heywoods, the DLP sold it at a big loss and now the DLP has bought it back …an empty shell for big bucks! Madness!


  29. However he may find he gets a big surprise with Freundel Stuart who seems to go it alone with no bag men like arthur to collect his10% cut, or hangers-on like thompson with those like hartley henry and the like.

    LOL LOL LOL LOL LOL


  30. Sadly, all I heard today was more spending. NIS will soon be unable to sustain the social security benefits for which it was set up. When they are finally forced to sever people cuz d money dun, there will be nothing left to pay unemployment benefit. I await the next suggestion of another upward revision of the retirement age as they continue to drain the unaudited NIS


  31. So who sold the balance of BNB shares owned by Barbados to Trinidad??


  32. Democracy is a SOCIALIST program, a starting point that has not gone any further in close to a hundred years. Free enterprise is a euphemism for Exploitative opportunism which runs counter to true development of a people, and it has usurped and corrupted the democratic process to the point that one is made to believe that democracy and capitalism now go hand in hand. This is one hell of a lie, one that has been introduced long before Barbados became independent.

    Today this “democracy/capitalism” arrangement only survives as a result of the levels of secrecy and the management of information that is provided to the general public. Complain all you want, but it is probably too late to do anything about it now, particularly when the whole concept a terrorist is now defined to include anyone who stands opposed to the status quo


  33. @Watchie
    “Nothing White can be right”
    Will anything brown stick around?


  34. @Watchie
    A tremendous Economic and Financial CRASH is coming! AGREED because of HUMAN GREED and STUPIDITY! Neither of which have a RACE!


  35. @ MB
    …Is there not an inverse relationship between greed and melanin?
    Study before you respond.


  36. @Bushie
    Eager to learn of your evidence for that conclusion, please enlighten.

    Is that true in the delta Oil areas of Nigeria where the locals do not benefit from the Oil wealth and the big ups in Lagos live like Emperors?

    I have the impression that you are supposedly a very successful businessman are you melanin deficient?

  37. George St. George Avatar
    George St. George

    MoneyBrain

    There is no colour in money partner.


  38. @ Money Brain

    I was somewhat intrigued by this query to Bushie in the first part, enquiring of him in one breath, for some information about Nigeria, then, in the second part, (that seems to be legal talk) asking him if he was “melanin deficient?”

    I remarked to myself “myself” I said in a voice that is several decibels deep based on my genes “myself, where is this track of thought going?”

    Myself, being that the van carrying the food to the people’s and the “Feed My Sheep” programme is not working today, myself, as a pensioner with nothing to do, but watch the economy of the country languish and die, myself said that I would enquire what the deficiency query meant.

    While we are on the topic of deficiency.

    I too am melanin deficient, sorry that is insulin deficient.

    When I dont use the insulin on time things become mixed up, so forgive that faux pas.

    I should add that I am also money deficient, age challenged, “essence of life deprived” and intellectually impoverished.

    (I am also recently deprived of goadies a fact that sister Headley at the *** church has noticed with some consternation. I think that she was hopeful that “it” was ALL me. “Hope springs eternal from the human heart”).

    I was wondering if David[BU] was doing a census gathering on blogosphere ethnicities and had not included be.

    Just in case I am proving this information on my deficiencies hopeful that is useful in the census gathering exercise.

    BTW i am made to understand that BAFFY is a white man and that the graviton he uses is the family crest of his plantocracy, slave breeding oligarchs, a blight upon thee Baffy (LOL)

    See what we get to?

    Our colour, in a colour-blind blogosphere, now becomes the litmus test upon which our submissions may be evaluated.


  39. @GP
    EXACTLY my point, except the colour of the currency notes of course!
    Humans are GREEDY, period!


  40. @Piece
    A good piece for one so supposedly deficient.

  41. alvin cummins Avatar

    @David
    Many years ago i learned about “ethical behavior” in business from reading abook called “Barbarians at the Gate”. I documented the machinations involved in the takeover of Nabisco by r.JR. reynolds, the dealings of the Banks uunderwriting the deals and the exhorbitant fees cahrged by the lawyers, Board members and the deals taking place. very interesting reading for then I learned that what we are making a big fuss here is nothing but small peanuts, not even small potatoes.
    @well wellrepublic Bank were sold shares by the government in power at the time. they then put in an offer to purchase; from anyone their shares. when enough people sold their shares to give them a large majority < either seventy five or 80 percent of the outstanding shares they issued a letter to the rest of the shareholders < including the present Barbados Government, for the balance of the shares. they are entitled by law to do this and the other shareholders are compelled to sell them Its the law. that's how republic Bank go to own not only the BNB, but all the other entities associated with it Like Barbados Mortgage and finance, later resold and the ICB later resold.


  42. @Alvin

    Be minded you are a senior citizen who is expected to be a font of wisdom, the objective a better Bajan society. To suggest that because individuals who are benefitting from insider info is small potatos because they are Black is horrifying to say he least.


  43. Alvin……….did the same thing happen to the Emera shares?? I am trying to get a handle on what the DLP government has sold out over the years.

    Money………..I gotta tell ya, i know personally of the wealth of the black oil barons in Nigeria……a lot of them are very generous with their billions in their own society and a lot of them are greedy. Nigeria has more millionaires and billioinaires now than they know what to do with and they are growing at an alarming rate………I much prefer see black enrich themselves in Africa than for the whites to roll in and steal all the wealth take back to the west and be more greedy than anyone else in the world with stolen riches. Let the Africans keeps their oil riches, it belongs to them and by the way, every day new blocks of oil are being found all around the coast of Africa, you know the whites can’t go in their, they just kidnapped a british guy this Tuesday in Lagos as soon as he landed, the tide is turning, personally, i would stay away.


  44. @WW
    AGREED for the most part! But should’nt the people of the Delta region benefit to a significant extent? If you live there and you are not benefitting into does not matter what the skin colour of the people who are, from my perspective. Like Bim, in the sense that it is good to have black peeps in charge but if there is no positive effect for my family then so what, especially if dem thiefing de $$$$!
    In Toronto there are mainly whites in Govt and they still thiefing, stupid and wasting with my hard earned Tax payments.

  45. millertheanunnaki Avatar
    millertheanunnaki

    @ alvin cummins | July 19, 2013 at 2:40 PM |
    “@well wellrepublic Bank were sold shares by the government in power at the time. they then put in an offer to purchase; from anyone their shares. when enough people sold their shares to give them a large majority < either seventy five or 80 percent of the outstanding shares they issued a letter to the rest of the shareholders < including the present Barbados Government, for the balance of the shares. they are entitled by law to do this and the other shareholders are compelled to sell them Its the law. that's how republic Bank go to own not only the BNB,…"

    Alvin, you need to get your “facts” straight especially those relating to the law.
    If you insist that your position is tenable then we will have NO alternative but to knock you off your so-called Almighty Righteous pedestal with the real facts the tool of choice.

    Now speak the truth, or else!


  46. Money……….true, but at the end of the day the thiefing in Africa will be internal as opposed to external, Africans will benefit more if the oil, gold, diamonds etc, remains in Africa as opposed to if it’s all stolen and divvied up in Europe and North America where whites will continue to greedily enrich themselves and act like they own the earth and all 7 billion people in it, and continue to draft any number of discriminatory laws that only benefit their race in true racist fashion while everyone else catches hell. By the by, the Africans will not allow whites to pull that same shit twice, different era, different ball game. Eventually all Africans will benefit from the riches staying Africa, it will just take more decades for re-distribution around the continent.

    The Caribbean is a special case, where the dumb politicians steal as much as they can but then bank it all in European and North American banks where it can easily be frozen by authorities, so much for common sense, maybe they will learn one day.


  47. Miller…………I was sure a couple years ago before Thompson died he was hellbent on regaining the majority BNB shares for Bim, and then the next day without taking a deep breath claimed he was selling the 30% shares i believe that remained to Trinidad……….never fully understood what went down, but from what i understand the government did have a choice to keep or sell the shares. As usual they believe that the taxpayers are on a permanent need to know basis where they are never actually told anything because they do not need to know, glad it’s coming back to bite all of them in the ass.


  48. Money…………In addition, those white boys in North America, both in Canada and the US are too goddamn greedy, won’t mention they British cause everyone wants to see them suffer, they are like pigs, more billions they steal more they want to steal until they get cancers the names of which they cannot pronounce, why do you think we have this depression, cause they stole all the damn paper and are hoarding it like if that is a solution and will guarantee full control of the people, problem with that is ultimately everyone suffers and they know they can’t handle tough struggles and vicious suffering, but do they care, not as long as they can count paper……………greed is their problem, that is why the Africans plan to deal with their asses they go down there trying to steal again.


  49. Heard a joke about one of the three characters depicted, he is a loud mouth and was mouthing off to a number of people in the office about a married women that he had relations with before she was marred. The man is an attention seeker. As it turned out the husband appeared on the scene and agreed that the individual did have sex with his wife before he knew her, but in his words,”after the first three inches she was still a virgin for rest of the space” HA HA HA MURDA …. Wunna can’ guess who the individual is nah … HA HA HA …

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