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[…] By David […]
Now let the shit hit the DLP fan, even if it means some of it falling on past BLP crooks who having gained the whole dirty word of lucre are now accusing people of losing their souls.
Zacchaeus is one giant of a judge that this thieving lying administration cannot bribe or corrupt. Hal Gollop must be pissing his pants trying to get that decision overturned to protect his buddy Fumble’s leper pal from stark moral persecution if not obvious legal prosecution
Well I am happy to hear this and I sincerely hope that every thing will be exposed. We need to know the whole truth and nothing but the truth. I am a CLICO pensioner and I have not had a cent from them for almost 3 months. I read where Parris is saying he is meeting hard times because of his assets frozen. What about us Parris?
Does anybody really thinks this is going to make a difference, regardless of what the report says or does not say. In fact, what it does not say maybe more important that what is said. In Washington, these kinds of maneuvers are called the ‘two step’. But of course they have a much longer history within the British colonial traditions.
How many of these reports have been published over the years. We recall the Duffus Report and there are many more. It will succeed in making bloggers busy and create some euphoria for a few weeks, days. An anticipation that a few people might go to jail. But nothing more. The thing is that when it happens again, like it shall, we will see the same development of the non-issue these things are to always become.
David, great news.
You will not spare one sec beyond time required to get that posted here or a link to same, I am sure.
I await your update senor.
David Ellis just read the Executive Summary of the report and it makes for captivating reading. What a bunch of crooks. One point made on BU is that the JMs referred to the 3.3. million invoice as fake. Stay tuned.
On 10 March 2015 at 17:24, Barbados Underground wrote:
>
@Pacha
Lets hope that the integrity our Legal Class overrides what little, if any, that the political class has.
IF WALLS COULD TALK
http://imgur.com/aZmehpJ
@Pacha
Life and change,it is not logical to conclude because nothing has changed up to now with releasing these reports that it will never change.
Yes, it’s official, the report has been unsealed and the investigation has revealed the TRUTH, AC…… Leroy Parris is a thief. The Estate of David Thompson has to answer for the $3.33M fraudulent invoice that was used to “launder” money to Leroy Parris. The report also revealed that the non leper, Parris, and his buddy Duprey, stole millions of dollars from the CLICO, with CBL even repaying a loan of behalf of Duprey.
Perhaps we shall now realize why Estwick went on one his convenient outburst, and the DLP’s pseudonym, Douglas, presented the article about Mottley, perhaps were all orchestrated in an effort to distract from the court case and its results. When something is about to happen that may cause this DLP administration some scrutiny or embarrassment, Estwick and Douglas always come with some form of distraction.
The contents of this report are not a “slap”, but a “cuff” in the face of all those who were singing Parris praises. Imagine the embarrassment Hal Gollop must be feeling after their public relation press conference, where he, on national TV, displayed correspondence with the intent to substantiate Parris’ act of pilfering $3.33M; or Stuart who declared Parris is no leper, but his friend.
So, to ALL the AC’s who were on BU writing shiite in defense of Parris and talking ‘bout truth….. LIKE IT OR LUMP IT. Don’t worry ‘bout Mia Mottley, you’re now to worry about what implications the revelations of this report would have on the Democratic Labour Party and their seemingly, obvious protection of this dishonest man.
Are we supposed to TRUST the DEMS for “circling the wagons” around Parris and Carrington?
David March 10, 2015 at 1:46 PM #
David Ellis just read the Executive Summary of the report and it makes for captivating reading. What a butch of crooks. One [point made on BU is that the JMs referred to the 3.3. million invoice as fake. Stay tuned.
On 10 March 2015 at 17:24, Barbados Underground wrote:@ WOW DAVID BU,
NO YOU SOUNDING LIKE PLANTATION DEEDS , CALLING PEOPLE CROOKS ?
WELCOME ABOARD, Soon you will see the rest to go along with the word crooks,
its Liars and Scumbags,,
After CLICO then look at the topic of CLEAR TITLE LAND and the role Leroy and the rest of the BLP MIA OWEN and DLP FUMBLE PM , MOF, AG,lawyers and Minister role that was played, Sir Richard L Cheltenham and Sir C O Williams,
Lets Hope by the time its to VOTE again you all dot fall in to the AC type of thinking ,,,, Remember she married to a lawyer that got to know what is right by law , for none of the government not lawyer Ministers feel thay have any DUTY to no person Born in Barbados ,,, They all want to be QC, Or Sir , in the GANG that they are in to get in the top of the crook food chain they must keep the PONZI alive,
Queen Beatrice Henry and Queen Violet Beckles still have their Kings ,Knights Heirs and Friends and Gate Keepers on the JOB,
1215-2015 MAGNA CARTER 800 YEARS WILL BE ENFORCED , THE QUEEN OF ENGLAND WILL LET HER LAWYERS, MINISTERS , PM, AG AND GG KNOW WHO IS BOSS, AND PAY THE PRICE TO FRIG -UP HER LAWS
Why will it take days to make this a public document?
Pachamama March 10, 2015 at 1:22 PM #
“How many of these reports have been published over the years. We recall the Duffus Report and there are many more.”
Sorry, Pachamama, but there is a difference with this report. The Duffus report and others similar in nature are quite different from a forensic audit report. These may be classified as “commissions of enquiry”, which more or less has no legal basis in court, or those implicated in actions that necessitated the commission, cannot be formally charged for any impropriety committed.
However, bear in mind, a forensic audit, in simple terms, is an in depth examination of an individual’s or company’s financial records with the sole purpose of gathering evidence that will be used in a court of law. This means the perpetrators of any financial crimes committed, as revealed by the investigation, may be prosecuted.
@ David March 10, 2015 at 1:46 PM
“David Ellis just read the Executive Summary of the report and it makes for captivating reading. What a bunch of crooks. One point made on BU is that the JMs referred to the 3.3. million invoice as fake. Stay tuned.”
This is a blatant case of fraud. It seems Terrence Thornhill has done a clean’ job of covering up a number of suspect intercompany transactions by sullying the paper trail through the finest of shredding.
We wonder what David Ellis has to say now as he keeps up his charade of protecting his crooked pals in high places.
In any other jurisdiction worth its salt of integrity and good governance the Police would be arresting Leroy Parris with due haste.
Under the laws of Barbados shouldn’t all of Parris’s assets and the estate of David Thompson be frozen or seized as the proceeds from criminal activities?
But I keep forgetting this is incestuous Barbados which although tainted by the deepest hue of corruption and blatant financial criminality still sees itself as a clean international business centre.
Keep on doing what you doing Bajan Sammy!
The revelations in this report should be treated in a similar way to the Christine Keeler Report.
HE HE He HO HO Ho…….like Thompson botzie gine see D light of day after all…..FSC Randy & co…..wanna failed to keep the lid on the cover….All the dirty linen now will see light…..Mara oh Mariah….My o My !
@ David
You are asking the Devil to condemn Satan. These JMs in which you have some confidence, are these not the same types of people who brought the global economy to its knees by fixing rating?
Are these not the same people who are well known to tell lies and fix documents to please certain people on corporate boards, once they are being paid?
Where has any set of accountants made the types of judgments that you seem to expect that resulted in any significant departure from the mean?
@Artaxerxes
We beg to differ. There is nothing especially evidentiary about what JMs or accountants have to say. Courts all over the world rely on a wide range of methods to determine proof or to disprove cases. The work of JMs is merely one and no forensic audit could ever be perfect, especially when actions known only to a few were made to subvert known accounting practices. Leaving more than enough wiggle room for a good lawyer. In fact, the actual people hurt by the actions of Clico maybe more persuasive, in some circumstances, than any corporate undertaker who mainly wants to be paid.
PS we are not lawyers and will submit to the correction on a few here respected by us. This is just our experience in several jurisdictions.
Pachamama March 10, 2015 at 3:48 PM #
“We beg to differ. There is nothing especially evidentiary about what JMs or accountants have to say. Courts all over the world rely on a wide range of methods to determine proof or to disprove cases. The work of JMs is merely one and no forensic audit could ever be perfect, especially when actions known only to a few were made to subvert known accounting practices…”
Based on your comments, it is obvious that you are not familiar with the intricacies of forensic auditing. You are erroneously trying to establish a comparison between the JM, accountants and forensic auditors.
David March 10, 2015 at 2:40 PM #
Why will it take days to make this a public document?@
They will drag out the info until next elections. Now Barbados can see that what we have been posting very hard on BARBADOS FREE PRESS AND BARBADOS UNDERGROUND IS PART OF OUR FINDING THAT LAWYERS AND OTHER LEGAL MASTERS CAME ON TO BU AND OTHER SITE TO SHUT US DOWN,
We have to remember we are dealing with CROOKS, LIARS, AND SCUMBAGS LAWYERS MINISTERS AND THEIR FRIENDS WITH THIS MADOFF AND SIR ALLEN STANDFORD PONZI AND FRAUD GAMES,
This what went wrong and how it was fed,
In Order to have a Nation we need LAND
In Order to have a Nation we need PEOPLE
In Order to have a Nation we need a CONSTITUTION
In Order to have a Nation we need a FLAG
In Order to have a Nation we need COURTS OF LAW AND RULE OF LAW
In Order to have a Nation we need Police
In Order to have a Nation we need Banks TO GIVE LOANS
Now when the Government is involved in the Fraud of these thing and the Lawyers , Ministers and the So called radio, TV, Newspaper look to put the Editors in jail to keep them from telling the People what is going on,
When the CLICO,Sagicor, Insurance Companies,Bank lawyers, land Registry, Archives , Water company, Land and survey ,Town and Country Planning , LAND tax, ARE FULL OF APPOINTED CROOKS OF THE BLP FIRST AND NOW THE DLP,These type of crimes is why the North American Banks are pulling out ..
NO CLEAR TITLE TO LAND, MASSIVE LAND FRAUD , CLICO LANDS AND SIR cow ALSO IN THIS MASSIVE LAND AND PONZI THAT IS IN THE GUT OF BARBADOS
THE PM IS A CROOK, AG , MOF , WHO EVER LET LEROY WALK IN WITH 5MILLION IN A ACCOUNT,CENTRAL BANK ,
OTHER NATIONS OF THE WORLD NOW DEALING WITH BANKING , BASEL 3 BANKING,
SO NOW POOR BARBADOS GOT STUCK , DEEP IN THE SHE-IT,
WHAT DID AND HOW DID , WHAT WAS USED TO PUSH THE FRAUD ?
FREE LAND FROM QUEEN BEATRICE HENRY AND QUEEN VIOLET BECKLES OF BARBADOS ESTATE,
FIRST CARIBBEAN BANK $100,000,000 MILLION IN UNCLAIMED FUNDS THAT was never turned over to the CB?
Top Names need to be charged
Sir Richard L Cheltenham QC PHD CROOK OF THE PLANTATION DEEDS,LAWYER
Sir C.O Williams , he moved the land to please,,,, HIM SELF, FRONT WHITE MAN
Sir David Simmons EX AG and EX CJ LAWYER
Sir Hillary Beckles UWI
Sir Henry Ford LAWYER
Sir Henry Fraser NATIONAL TRUST
Ronnie Hughes NATIONAL TRUST
Ralph Thorne QC , quick crook lawyer
Jenifer King Lawyer , Sagicor
Owen Arthur ex Prime Minister
MAI Mottley ex AG MURDERER ,LAWYER
Mark Cummins, TOWN &COUNTRY
Samantha Cummins ,lawyer NHC and Land Registry
Ex COP Dottin , Police
Mark Forde land tax
Mascoll water company
Start there .
We also need Station Mark White to hand over his FINDINGS OF THE MASSIVE FRAUD INVESTIGATION THAT WAS STARTED UNDER FORMER PRIME MINISTER DAVID THOMPSON QC,
I think we all have a general sense of what occurred at CLICO. Publication of the forensic report only serves to satisfy our penchant to know the sordid details. However, I am curious to see what the report says about the accountants and auditors for CLICO prior to its collapse?
http://epaper.barbadostoday.bb//launch.aspx?eid=bc6d1f24-5796-463c-9882-da1cdc6a2deb
LISTEN TO IDB REPORTING ON LOANS ON LAND WITH NO CLEAR TITLE , LISTEN AND READ ,
NEWS ON PAGE 2 AND THEN PAGES 8AND 9 , WILL GET THE TO THE NEXT CHAPTER ON THE MASSIVE LAND FRAUD PONZI ,,,
MOST OF YOU CANT BELIEVE THERE IS A FIRE UNTIL THE FIRE MARSHALL TELL YOU SO ,AFTER ITS OUT AND THE PLACE FULL OF WATER AND ASH,
CAN YOU SEE LONDON BRIDGE IS FALLING DOWN , NO NEED TO WAIT TILL ALL PARTS HIT THE GROUND , TO BELIEVE ,, MORE PAIN TO COME ,
KEEP WAITING FOR REPORTS , AS YOU WAIT FOR IT TO HIT THE NEWS
TAKE ALL FUNDS OUT OF FIRST CARIBBEAN BANK , NOW , YOU HAVE BEEN WARNED,
PLANTATION DEEDS WARNINGS ARE TRUE AND WILL STAY SO UNTIL YOU AL LISTEN , WE DID OUR HOME WORK AND IT WAS CHECKED AND PROVEN BY THE POLICE AND SOME MINISTERS WHO DONT WANT TO BE NAMED,
YOU HAVE AND ARE BEING WARNED ,
LETS SEE WHO CRYING NEXT AND TRUSTING CROOKS LIAR AND SCUMBAGS, ALSO STAY A WAY FROM REVERSE LOANS FROM BANKS ON YOU LAND AND HOUSES,
Strange this issue did not feature in the VOB 5:30 news?
David I found that strange also.
David March 10, 2015 at 7:05 PM #
Strange this issue did not feature in the VOB 5:30 news?@
WELL DAVID YOU KNOW THEY CONTROL THE NEWS , TONY BEST THE CROOK LIAR AND SCUMBAG WILL NOT EVEN PUT IT IN THE CARIBNEWS IN NEW YORK ,
I WILL CALL THAT BITCH NAME UNTIL SOMEONE FIRE HIS ASS,,
What truly matters is that pensioners and policy holders get as much of the MONEY that is owed to them.
Some of you will be thrilled to read the salacious details in the report and want to see parris and a few others jailed but the people who were robbed must focus on the MONEY.
@ Artaxerxes
We have worked with these people and there is no substantive difference in what they do. However, people tend to parade under different titles to exact money and billable hours.
Talking about money, when you find out what the ‘professionals’ are charging, those charges will represent a further ripping off of the ‘poor policyholders.’ And their money has to come out first!
Where is the justice in this. These charges represent another robbery under the guise of an investigation by high priced professional services firm/s. Barrow called them ‘corporate undertakers’ and they are still as an unwelcome harbinger of social death as there ever could be.
We are prepared to bow to you about your precision about the perceived specialization, but they work together, in firms, and with lawyers too. We think you have too much respect for them. Believe you ‘us”, they are not desiring of it.
Well Owen Arthur bathe Trevor ‘party hopper’ Prescod in cuss in
Parliament
this
evening.
@ fractured
What are you saying about the CLICO Final Forensic Report
The ACs gone from BU?
watchman Dr honurable had me banned no more ac
@Hants
Knowing the details of the report will go a long way to fueling informed commentary.
Pachamama March 10, 2015 at 7:47 PM #
“We are prepared to bow to you about your precision about the perceived specialization, but they work together, in firms, and with lawyers too. We think you have too much respect for them. Believe you ‘us”, they are not desiring of it.”
Pachamama, with all due respect, I speak on these matters based on my qualifications and experience as a qualified accountant and forensic auditor. And yes, being a member of the fraternity I obviously have respect for them.
If I’m unable identify that forensic accounting is a specialized field, then surely all the time and money I invested in my accounting education has been wasted.
But, you may just be correct “about my precision about the perceived specialization.”
@ ac March 10, 2015 at 8:49 PM
Ac & co, would you all agree that the Forensic Report has confirmed that David Thompson and Leroy Parris are two unmitigated fraudsters that ought o be in Dodds enjoying the rear pleasures at her Majesty’s expense?
You are always ‘rabbiting’ along about Mia’s poor judgment.
Now what do the revelations of the CLICO forensic report say about Fumble and his poor choice of friends whether in public or ‘undercover’?
What kind of ignorant cunt would want to boast openly about having a known homosexual fraudster as his best public pal and ‘under-the-covers’ mate? Unless he herself is a closeted gay odd fellow from the town of Liars and Kleptomaniacs.
@ David,
“informed commentary.” and a lotta long talk but the policy holders and pensioners must get what they are owed even if it leaves Parris and his “assistants” broke.
The rest of us can focus on cussing an talkin bout lockin up people and morality.
@Hants
What is revealed in the report MAY serve to galvanise public opinion. At the moment the government is controlling the pace of things, and deliberately so.
Pachamama March 10, 2015 at 7:47 PM #
“We have worked with these people and there is no substantive difference in what they do. However, people tend to parade under different titles to exact money and billable hours.”
Once again you are making an erroneous assumption. Yes, there are substantial differences between a financial audit and a forensic audit.
However, if having completed ACCA professional designation as well as PGD Fraud Examination and Forensic Accounting [Seneca College] and I don’t know the differences, then I have wasted my educational investment and I will have to refund a few clients, because, in your opinion, I have been “parading under different titles to exact money and billable hours.”
@ ACs
Are you saying the ACs are on recall, for a forensic checking
Ian D Bourne
December 1, 2013 at 7:00 pm
OMG Bowman is alive? Guess the new job allowed you time to spin a new yarn, but never wrote for your approval “Bowman,” and my readership justifies the Ads, etc. So I really couldn’t care if my style suits you or not… If people really want to know why I leave the Plantation Deeds alone? I was starting to probe and made to understand in no uncertain verbal terms (i.e. no screenshot, no audio, no video to use) to leave well alone and so I have… No desire to find myself lynched, anyhow as “Bowman” Ad Nauseam says in dry sarcasm – Best Wishes!
David:
Do you have any idea when BU would be in a position to view these documents?
@John Hanson,
Yes I remember. And your point is ?
BU has highlighted parts of the Barbados Today to inform discussion points.
Wrong firm
Report shows $3.3 million CLICO invoice was not issued by Thompson & Associates
Added by Emmanuel Joseph on March 11, 2015.
Saved under Local News
Forensic investigators looking into the financial transactions of the collapsed CLICO International Life (CIL) has made a startling revelation about a $3.33 million payment, which was purportedly made by CIL back in January 2009 to Thompson & Associates, the legal firm operated by late prime minister David Thompson.
In their much-anticipated report of June 21, 2013, which was unsealed by the court earlier today, the investigators also highlighted a number of other questionable transactions, including an $11.5 million write off to CLICO’S Trinidad-based parent company, CL Financial, whose former executive chairman of Lawrence Duprey personally benefited from a $3.5 million loan repayment by CIL.
The CIL money trail also led investigators to probe a $3.3 million payment, destined for Duprey’s protégé in Barbados – Leroy Parris, who is the former executive chairman of CIL and its Barbadian parent CLICO Holdings Barbados Limited (CHBL).
“In summary, we found that the Thompson & Associates invoice purportedly for legal fees and retainer and used to make the payment by CIL, was false,” the Forensic and Dispute Services team of Deloitte & Touche LLP of Canada said in the executive summary of their 15-page report, which came on the heels of a more expansive 60-page report on December 5, 2011.
They found that the actual invoice submitted for payment was not issued by Thompson & Associates, but “was created solely to facilitate the payment and to conceal its true nature, which was partial payment of a substantial gratuity to the benefit of Mr Leroy Parris, the former chairman of CIL and CHBL.”
“The timing and creation of the invoice on December 30, 2008 and the related cheque payment on January 16, 2009 corresponded with growing concern regarding the financial status of CL Financial and related companies in Trinidad and Tobago, which culminated in the Central Bank of Trinidad and Tobago announcing on January 30, 2009 that it was providing financial support to the CL Financial Group,” the forensic auditors noted.
They further revealed that “submission of the invoice for processing and payment occurred after meetings between the Central Bank of Trinidad and Tobago and representatives of CL Financial regarding financial support.
“We identified a considerable number of related party transactions over and above the transactions that were declared to us in response to requests we made of CIL and its subsidiaries. We noted a substantial payment of commissions to a company controlled by Mr Parris on May 8, 2009, shortly before the appointment of the Oversight Committee under the terms of the memorandum of understanding (MOU) between the Government of Barbados and CHBL dated May 12, 2009,” the report added.
It further noted that under the MOU, the Oversight Committee was to oversee the financial affairs of CLICO Holdings Barbados Limited and its regulated subsidiaries, including CIL.
It also revealed that the CHBL had agreed that its subsidiaries would not make bonus or ex gratia payment to directors, management or other senior officials while the MOU was in force.
“We found that certain CIL executives and advisors paid less than third parties when they acquired real estate from development companies in the CIL group.”
With respect to inter-company balances, the investigators said they selected 119 transactions with a total value of over $300 million. These were subjected to further review and analysis, including funds tracing.
The investigators also sought to obtain and review additional documentation.
“While we did not find all the documentation required to further analyze all of these transactions . . . those transactions with supporting documents, and or for which we completed funds tracing, we did not identify any issues,” the forensic auditors stressed.
Based on their analysis, the forensic team also said $11.5 million due to CIL by CL Financial in the form of receivables was written off effective December 31, 2008 due to the financial difficulties encountered by the Trinidad-based CLICO parent company.
“We found documents, including correspondence from Mr Lawrence Duprey confirming that $3.5 million of that balance receivable related to a loan in the name of Mr Duprey which was repaid on his behalf by CIL,” the executive summary of the report stated.
When contacted today, Parris’ attorney Hal Gollop, QC, told Barbados TODAY, he had not yet seen the report.
However, he maintained that the $3.3 million was a legimate payment due to his client, who he said was anxious to return to the High Court to have the injunction, which has frozen his assets, lifted.
“We have not been able to get back in court to have that injunction discharged. The return date was February 16 and now almost March 16 and we have not been able to get back into court on our application to discharge the injunction. That order was made since the 29 January,” noted Gollop.
In a brief comment, President of the Barbados Investors and Policyholders Alliance (BIPA) June Fowler said she was happy the report had finally been unsealed, while insisting on the need for transparency in the CLICO process.
“This whole thing should be about transparency. We want to know that if there has not been anything untoward, the policyholders have a right to know how their funds were used over the years,” said Fowler, who was yet to study its findings.
@ David [BU]
I wondered when the list of the executives and advisors who only paid “paid less than third parties” when they acquired CIL related real estate will become public
By the way, is Emmanuel Joseph a cretin???
He states “Deloitte & Touche LLP of Canada said in the executive summary of their 15-page report, which came ON THE HEELS of a more expansive 60-page report on December 5, 2011.”
The words “on the heels of” are those of Mr. Joseph. Journalist par Excellence. I wonder what Peter Harris and Kaymar Jordan are thinking???
Could you please inform the Dufus Emmanuel that this is an idiom which means “directly following” which the 2 years hiatus, between the repor and Summary. does not allow it to be so called!!
This is much like the other notable idiot’s statement “pales into significance” instead of “pales into insignificance” by our Minister of Eddy Kashun Ronald WeJonesing.
Whuloss….
@PUDRYR
To err is human 🙂
Blame the proof man too.
pieceuhderockyeahright March 11, 2015 at 5:53 AM #
pales in significance
David
This looks like what we thought it would be…………..a corpse to feed certain ‘professionals’, vultures. Nothing will happen!
@ David.
—– “They found that the actual invoice submitted for payment was not issued by Thompson & Associates, but “was created solely to facilitate the payment and to conceal its true nature, which was partial payment of a substantial gratuity to the benefit of Mr Leroy Parris, the former chairman of CIL and CHBL.””
—– “However, he [Hal Gollop] maintained that the $3.3 million was a legimate payment due to his client, who he said was anxious to return to the High Court to have the injunction, which has frozen his assets, lifted.”
Why does this attorney continue to confess that his client was seeking a ‘legitimate gratuity payment’ from CLICO and did so via a fraudulent document?
When is that not illegal !
Is the attorney saying that his client was right to get the monies due to him and how he did it was irrelevant?
Maybe Ross or Artax can clarify the missing legal/accounting link for clearly my dendrites are not firing well enough to help me comprehend this ‘small’ part.
@ Pachamama
You have spoken in true oxymoronic style.
How can you say “nothing will happen?” when birds of carrion, even though feeding on dead decaying bodies, still feed??
FOr the CLICO subscribers with policies nothing may happen of any significance as such relates to their compensation BUT, and here is the clincher, what they do armed with their commensurate hatred and suffering, AND who they speak to and impress upon their suffering, therein comes “WHAT WILL HAPPEN!!
This is not “9 days” of wonder Pachamama
This is 25 years of Wilderness for the Democratic Labour Party.
When they next get back in the next generation will hate Errol Walton Barrow for the mercenaries that he unleashed on Bajans from 2008….
@Pacha: This looks like what we thought it would be…………..a corpse to feed certain ‘professionals’, vultures. Nothing will happen!=================
Well actually many things will and are happening. They may not be exactly as the policy holders desire nor as many of us desire to see key persons criminally prosecuted but there are changes already and many more to come.
And you know very well that this is the nature of the world.
There are 52 cards in a deck and every corporate house of cards which falls must be carefully deconstructed by the relevant authorities to examine each card.
That review must be done by other card player or card sharks, if you prefer.
That is the way this same game is played from Moscow to Manhattan to Mumbai.
The bigger the company the more card sharks will enjoy some ‘winnings’. By Caribbean standards the CLICO group is big.
@ Dee Ingrunt Squared
I see that you have adjusted your name (lol) is it Dee of Dey you wished to use??
Let me see if de ole man can interpret what the learned luminary and QC Hal Gollop is saying to we ingrunt plebians.
Let us suppose that The Barbados Water Authority (CLICO) owes you a refund of $333.
You get to learn that the BWA (CLICO) may not have money to pay you (Parris) in 6 months so you go into one of the Surepay outlets (David Thompson and Associates) and get one of the cash tellers (David Thompson or his designate) to take $333 due to you from the till on your behalf.
Of course you and she leaves a note saying dat the withdrawal is for the monies owed by BWA to you.
Now even though, for the ordinary fellow like you or me, doing this is theft plussing aiding and abetting said theft, because the teller know the owner of Surepay it is not theft.
As a matter of fact de owner of Surepay (Dupree) say dat he owe you dis money
I know that in simplifying dis story I get all de characters mix up in the allegory but if you check carefully, given whu going on wid de addition of Fumble and the Government uh Bulbados, it really mix up in real life too!!
Whu wrong wid you doah, Ingrunt Squared? you trying to live up to the expectations of your name?? LOL
Nextting you know you going change you name to AC!!
To whichin you notice that since the report get mek public that AC is rather scarce bout heah doah
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