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Preconco Towers Closed for Business at the GROTTO

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The Grotto
Dr. DeLisle Worrell, former Governor of the Central Bank
The GROTTO high rise project

On 1 June 2016 BU posted the following blog.

Central Bank Declares SPECIAL Dividend to Pay Mark Maloney for the GROTTO Project

by David on June 1, 2016 in Barbados News, Politics Edit

In Mia Mottley’s reply to the June 2015 Budget she accused the government of Barbados of making a highly questionable decision. Minister Sinckler – she reported – issued a memo to the Accountant General to advise the Central Bank of Barbados, custodian of the Housing Credit Fund  (HCF), to declare a dividend of 25 million […]

63 Comments • Continue Reading →

The BU household is not motivated to jump on the Maloney bandwagon because it is #trending – as taxpayers we need to have a simple question answered.

Will the governance rules of the Housing Credit Fund (HCF) be shared with Barbadian taxpayers?

A situation now obtains where a 25 million dollar payment was diverted from the HCF to pay Mark Maloney’s company PRECONCO for buildings at the The GROTTO which remain unoccupied many many months later. In the interest of good governance and transparency the public has a right to know.

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74 responses to “Preconco Towers Closed for Business at the GROTTO”

  1. Old Baje Avatar
    Old Baje

    Maloney had no incentive to control costs on this project because he knew the politicians had his back.
    Now the NHC can’t accept the usual rents and they can’t sell the units because they are not good value for money.
    This is a crime against Barbadians.

  2. Colonel Buggy Avatar
    Colonel Buggy

    In the final analysis, all roads lead to the Prime Minister, he is the CEO of Barbados and allowed all of this crap to occur under his watch, like the two watchmen at the MTW’s Chance Hall Depot , neither of whom can give an account of a stolen Bobcat .
    Freundal Stuart, like his initialsake, Francesso Shinettino, for too long has handed over complete command of the ship of state to cabin boys and helmsmen.

  3. abajanhowe Avatar
    abajanhowe

    Our PM simply cannot stop or do anything to Sinckler. He does not have the balls or the guts to rein in this Minister of Finance.
    When Sinckler is finish with us we will be so broke that Mark Maloney might have no other choice but to lend us some our money if he is still living in Barbados.
    Since we cannot go to any world power other than China, we will then be owned totally by China and our next door neighbour.

  4. ac Avatar
    ac

    @ abajan howe just like when the BLP left the taxes payers with a debt of over 73 million dollars plus interest to pay Al Barrack , wunna need to shut wunna mout cause everytime wunna opened the mout flies rush out , Speaking about ownership wunna got a history of selling out barbados to the highest bidder including financial institutions , give the blp another chance they would be nothing left owned by Barbados not even a piece of cut plate ,

  5. David Avatar
    David

    Before the discussion breakdown as it usually does B versus D bullshit. The issue here is why did the central bank pay a dividend of 25 million dollars to Maloney’s Preconco.

  6. Well Well & Consequences Avatar
    Well Well & Consequences

    With Maloney’s boss Bjerkham sitting in the central bank put there by a corrupt politician, it’s a nobrainer, free taxpayer’s money to divvy up and Sinckler gets his cut…..they are all positioned to steal and waste taxpayer’s money….bottomline.

    Lying ACs, though I don’t like them either, they did not leave a 73 million debt to pay Barrack, it was 35 million, but the new house niggas in parliamt refused to pay the man his money and it grew to 73 milion over a 9 year period of the nuisance ministers trying to avoid paying a black person like yaself…even that simple reality you have to lie about.

    And that should also be a lesson to you as a yardfow, if your masters had owed you that kind of money, they would also refuse to pay you, they would have better uses for the money….to put in their own pockets.

  7. ac Avatar
    ac

    Speckled fowl your interference is not necessary the issue is a political one infused with particulars pertaining to both parties

  8. David Avatar
    David

    The inability of some of you to engage the points on the table betrays the level of intelligence. How can we pressure the political class et al to address governance issues? The same issues repeat and it matters NOT the party in government. If you doubt BU have a read of the Auditor General ‘s reports since 2007.

  9. Well Well & Consequences Avatar
    Well Well & Consequences

    http://www.barbadostoday.bb/2016/06/21/help-me-please/

    This is how evil to their own people the house niggas in parliament from both political parties are to their own people…..yet they can feel the pain of the corrupt business people who they indulge in stealing from the taxpayers…yall are beasts….worse than wild animals, Adriel Brathwaite is a criminal along with all the little pimps in the auditor general’s office.

  10. David Avatar
    David

    ALL the issues some of us bray about on BU all day and night is rooted in poor governance practice. To us an analogy – attack the head NOT the body.

  11. Well Well & Consequences Avatar
    Well Well & Consequences

    Here is the name of the Canadian racist pig whose kick ping of a black man Emera tried to cover up. For those who do not know, in Canada you cannot even raise your voice at another human being, black or white, the police can be called, you can be arrested you do not nudge, push or kick anyone, he should have been arrested for assault and publicly deported to send a message.

    http://www.barbadostoday.bb/2016/06/21/blp-consultant-resigns-following-kicking-incident/

    There are enough problems with the local racists Maloney, Cow, Bizzy, Bjerkham and Tempro etc whom both governments enable in all their nastiness, thefts from taxpayers, corruption, illtreatment of the populace, etc….no more is needed.

  12. Frustrated Businessman aka 'Refer teefin' to the DPP' my ass. Avatar
    Frustrated Businessman aka ‘Refer teefin’ to the DPP’ my ass.

    David June 21, 2016 at 6:28 AM #
    Before the discussion breakdown as it usually does B versus D bullshit. The issue here is why did the central bank pay a dividend of 25 million dollars to Maloney’s Preconco.

    With all due respect to you David, I don’t think that is the issue. The unconventional dividend was a desperate knee-jerk solution of a broke gov’t to a problem created by the idiot Kellman.

    The real issue is why the Kellmanomics didn’t work in advance of this project receiving the go-ahead from the Ministry of Housing and idiots from St. Lucy.

    Why was there no oversight from the accountants in or outside the Ministry of dwarfs? Where are the costings for this project that show the units could be rented or sold at market-value to recover costs?

  13. Well Well & Consequences Avatar
    Well Well & Consequences

    The AC pimps…this is what is trending, the Business people that both governments colluded with for years….against the electorate, against the taxpayers, against all the people…. namely Peter Harris, Mark Maloney, Cow and Bizzy Williams , Bjorn Bjerkham, Tempro. …want yall obstructions to them controlling the island and economy….GONE.. even after Maloney got to build so many buildings because of crooked politicians, got so many taxpayer funded contracts in the last 7 years….got paid, count how many millions of taxpayer’s money he got, then count how much Bizzy is getting.

    http://www.barbadostoday.bb/2016/06/20/time-clogs-that-hinder-business-were-cleared/

    They are not even suttle about it anymore, they are speaking openly about it to their friends…that’s what the traitors of both political parties deserve for selling out their own black people for over the last 30 years…ya get what ya pay for tratiors of the people.

    That is who Dumbville Inniss feels pain for, not the small business person who has had a permission pending for 10 years, he feels pain for who could help him rob the treasury. ..not distributing taxpayer funded contracts evenly has returned…and boy is it biting, as it should…idiots.

  14. Bush Tea Avatar
    Bush Tea

    @ David
    Having established that we have elected a pack of female rabbits to our parliament, how EXACTLY are you expecting rational analysis of their actions? Is that not akin to trying to make sense of AC’s contributions?

    Stinkliar is a common, low-life, “nothing-arian”, … whose mission in politics is to accumulate wealth that would otherwise be but a dream for him – based on his history and ability.
    He has attached his wagon to Maloney/Jerkham/Bizzy and therefore has been using the office of MoF to find all means possible to channel monies towards their (and some to his) accounts.

    Having exhausted the treasury, he came up with the ‘shiite tax’; the enhanced land tax; the tipping fees; and now this imaginary ‘dividend’ …all to source money for his sponsors.
    Presumably, his cut is being put aside for him when he rides off into the sunset.

    Bushie is taking bets that his ‘take’ will follow the EXACT path of his mentor David Thompson – being expended on Doctors, medical bills, air ambulances and funeral homes…..

  15. Old Baje Avatar
    Old Baje

    Wunna rough doe

  16. millertheanunnaki Avatar
    millertheanunnaki

    @ Frustrated Businessman aka ‘Refer teefin’ to the DPP’ my ass. June 21, 2016 at 7:29 AM
    “With all due respect to you David, I don’t think that is the issue. The unconventional dividend was a desperate knee-jerk solution of a broke gov’t to a problem created by the idiot Kellman.”

    We can agree that the cretin Kelly is a square peg in a round ministerial hole.
    But I think you are being a bit harsh on the certified idiot this time.

    The problem with the financing of the Valerie and Grotto housing projects did not develop under the Joker from Moon Town watch but under the previous holder and his collaborators in the deliberately poor ‘planning’ of project financing to provide an opportunity to extract campaign finances for the ‘purchase’ re-election in 2013.
    The poor chap Kelly was deliberately thrown (after) into the deep cesspool of total financial mess and corruption to muddy the water and hide the trail of kickbacks left by the previous shark mouth holder.

    You should point to the garish guy who is known for his demand for $10,000 for every unoccupied matchbox built and the representative of the area where the penthouses for poor people were constructed.

  17. ac Avatar
    ac

    Last comment agreed David. However going forward using a singular approach as an example does not help but aggravates and aggitates both sides of the political fence.
    You have on many occasions stated that govt is a continuance which means that failures attributed to one govt is brought forward on certain terms and legitimate grounds for corrections
    The ongoing rants and rave seems to have convenient remebrance so it is slso necessary for them to be
    reminded
    Yes some body had to remind them out if principle that much of their poor goverance has been at a cost of the taxpayers money.

  18. Brutal Avatar
    Brutal

    The real criminal is the jackass for a Prime minister. As captain of the ship he is accountable. Freundel Stuart is being given an easy pass by the lazy ass media.

  19. Frustrated Businessman aka 'Refer teefin' to the DPP' my ass. Avatar
    Frustrated Businessman aka ‘Refer teefin’ to the DPP’ my ass.

    I stand corrected Miller, my apologies to Minister Kellman for this particular failure.

  20. millertheanunnaki Avatar
    millertheanunnaki

    @ ac June 21, 2016 at 8:00 AM
    “You have on many occasions stated that govt is a continuance which means that failures attributed to one govt is brought forward on certain terms and legitimate grounds for corrections
    The ongoing rants and rave seems to have convenient remebrance so it is slso necessary for them to be reminded…”

    But ac, aren’t you the chief among the ranting and raving brigade?
    Aren’t you the main prosecutor of the argument that all the economic problems being experienced under the current dangerous lying administration is a direct result of the 14 years of BLP misrule and squandermania?

    When that damned lying party is kicked out of office should the BLP supporters of similar ardour continue, nauseatingly, to blame the blue-blooded crooks and yellow-tainted liars for leaving a millstone of debt around the taxpayers’ neck thrice as large as was left in 2008?

    One thing for sure the DLP would be leaving for the next administration is a financial junkyard of bad bonds and a wasteland of economic activity just ripe for the inevitable devaluation.

  21. Alvin Cummins Avatar
    Alvin Cummins

    @Well, Frustrated, et al.
    The article in the newspaper indicated that””…this was a country that subscribed to the rule of law, “not to the rule of fancy and personal preference”, and that a clear message must be sent that “the development of Barbados has to be ordered development and we can only have ordered development if people comply with instructions of the Chief Town Planner”.
    Go to the TCP web site. See how many applications were submitted for approval and the times. See how many were approved and the time span for approval. applications for approval do not just require approval of the Chief Town Planner, alone, many other departments are involved and all the files have to pass through these departments. You should know the process and understand that a single person can only do so much in an eight hour working day. Many of the “Frustrated” would like to do things without having to get approval. We have devolved from that and you might aS well get accustomed to it. No sense cussing Mark Cummins, and expressing “frustration”. Whoever else fills that post has to follow the regulations. Mark Cummins is doing an excellent job. So suck it in and follow the law.

  22. Alvin Cummins Avatar
    Alvin Cummins

    Miller,
    Sorry for you. There will be no devaluation. You have been waiting a long time for that; since Sandi’s time. It will NOT happen, not now or even later. the Barbadian people will not allow it. We will sacrifice but there will be NO DEVALUATION.

  23. ac Avatar
    ac

    Miller all that ac knows and says is taken from the record of the blp administration and it speaks of truth. Having convenient memories does not void out the truth therfore what is good for the goose should be applied to the gander.Furthermore these articles serves well for all to look across the board room of poor goverance of the blp. Say what may it is the Truth

  24. millertheanunnaki Avatar
    millertheanunnaki

    @ Alvin Cummins June 21, 2016 at 9:08 AM

    When the foreign reserves fall below the $300 million missing (and still unaccounted for) level, you can come and make your stupid jingoistic boast. Tell that to your other Caricom neighbours.

    Do you really feel the Barbados dollar is worth in real trading terms more than the T&T dollar?
    T&T companies own and control over 50 % of the Bajan economy. Check any supermarket and you will see that 90 % of the imported processed food is imported and distributed by Trinidad-owned companies. Even the tainted chicken wings are imported by people who certainly don’t have a patriotic bone in their forex-consuming skeleton.

    Why do you think Sagicor intends to transfer its HQ to a country with a more stable currency?

    The days of borrowing and begging from international loan-sharks are over. No more loans to prop up foreign reserves to pay for your country’s conspicuous consumption habit while its citizens carry around empty mauby pockets of production and exports.

  25. Frustrated Businessman aka 'Refer teefin' to the DPP' my ass. Avatar
    Frustrated Businessman aka ‘Refer teefin’ to the DPP’ my ass.

    Alvin Cummins June 21, 2016 at 9:05 AM #
    @Well, Frustrated, et al.
    The article in the newspaper indicated that””…this was a country that subscribed to the rule of law, “not to the rule of fancy and personal preference”, and that a clear message must be sent that “the development of Barbados has to be ordered development and we can only have ordered development if people comply with instructions of the Chief Town Planner”.

    The Other AC, you are a relentless civil service apologist.

    This country was not built by the civil service, it was built despite the civil service; Dippa’s ‘Army of Occupation’.

    Owen Arthur understood this and was very active in his role as Minister in Charge of Planning. His ‘intervention’ was largely the reason we had so many years of economic growth. Cummins despised OSA for what he saw as meddling and overriding.

    Fumble is the exact opposite, he does nothing to move his ministry along, with the resultant exodus of development projects to fields that are easier to plough.

  26. ac Avatar
    ac

    Yes miller Debt debt debt andyou and the other footsoldiers must also be reminded how and and where this debt was accumulated. Yes barbados was caught between a rock and a hard place driving a ship with broken steern. Yes again having the impossible task of keeping the economy afloat and paying off debt in the face of Mottley pronunciations of doom and gloom sending all bad and turbulent messages to financial institutions in the financial markets. Not good. Yes govt had to find ways and means to protect barbados interest and the country which meant having the people to make sacrifices along with initiatives such as bonds in helping to heal the economy .
    Yes miller they were also hidden transactions which were unaccounted and was tabled presently in the past eight years as debt

  27. Well Well & Consequences Avatar
    Well Well & Consequences

    AC…the liar…..Yall lied to win an election and now talking about ” Yes again having the impossible task of keeping the economy afloat and paying off debt”….

    Lied to the people and told them that the IMF and credit rating agencies were lying, that no world recession could affect Barbados, the economy was good, same lies ya political flipside told the people in 2005…..be careful what you, lust, crave and lie to get…ya now have it so enjoy.

    Alvin.. the pimp, there is no we will sacrifice…it’s the majority will continue to sacrifice while the corrupt ministers of the day will continue to sell the people out to the business people for bribery and corruption, for kickbacks and their cut…what we what…hypocrite.

    Alvin…stop trying to change the topic…write a letter to Mark Maloney and tell him that, I am sure he will be more than happy to get that information from a yardfowl..

  28. Past Zone Avatar
    Past Zone

    @David

    Two issues are important here.

    How did the DLP manage to end up building low/affordable income housing at the Grotto for a square foot cost of Bds$600?

    How did the Housing Credit Fund get dragged into this nonsense/scam and was Bjorn Bjerkhamn involved as director of the Central Bank of Barbados when the HCF decided to trump up its money?

    On issue one it is well know known that affordable income housing should not cost more than Bds$150-200 sq. ft. so at 3 time the average MM and Preconno must have put in a lot of concrete and plenty STEAL in there.

    If evidence could be produced to show that the Bjorn Bjerkhamn was part of the decision making process to use money from the HCF to Grotto/Preconno then he either has to resign or be fired.

  29. Well Well & Consequences Avatar
    Well Well & Consequences

    A nasty person like Bjerkham should not have been in the central bank to begin with, but corrupt, corrupt, corrupt bribetaking government ministers caused this, they need to fix it one way or the other, these are deliberate and maliciously devised acts against the people by Maloney, Bjerkham, Bizzy and low class, lowlife subspecies of government ministers….they are responsible.

  30. Artax Avatar
    Artax

    Recall construction on the NHC’s Grotto high-rise apartment complex by Preconco Limited began on April 1, 2013.

    Hence, financial details and assessment of that project should have been included in the Auditor General’s Report for the financial year ended March 31, 2014, providing the NHC prepared financial statements and presented them to the auditors for audit.

    The following excerpt was taken from page 100 of the Auditor General’s Report for financial year ended March 31, 2014:

    “4.75 The Corporation [NHC] has reported that the accounts for the financial year ended March 31, 2012 are with the auditors. The audits for the financial years ended March 31, 2013 and 2014 are also OUTSTANDING.”

    +++++++++++++++++++

    However, if one were to peruse page 31 of the Barbados Central Bank’s 2014 annual report, under the heading: “13 Related Party Transactions,” you will see a Balance Sheet notes disclosure which states:

    “As at December 31, 2014, the Bank owned and/or managed certain entities. The GROSS assets are disclosed in the entities’ financial statements as follows:”

    Housing Credit Fund:

    …. 2013……. $173,163,164

    …. 2014……. $156,743,836

    Note there is a difference of $16,419,328, for which there is not any disclosures in the notes to the financial statements.

    On page 49 of the CBB 2015 annual report, disclosures on the HCF were as follows:

    …. 2014…… $156,743,836

    …. 2015…… $130,605,268

    During the financial year ended March 31, 2015, $26,243,738.00 was disbursed from the Fund, of which the CBB was paid management fees of $105,170. Hence, the sum of $26,138,568 was disbursed.

    Interestingly, there isn’t any further information pertaining to the total funds DISBURSED by HCF and corresponding EXPLANATIONS of those disbursements.

    Under these circumstances, BU needs to source copies of the HCF financial statements (if there are any available), which, in my opinion, should be readily available to the public, since we are dealing with public funds.

    But we must agree that the $26,138,568 could be the subject of an interesting discussion, especially in the absence of the necessary information.

  31. Past Zone Avatar
    Past Zone

    If the NHC paid Bds$25-30 million for the Grotto then it is clear that someone got mugged and robbed in broad daylight.

  32. millertheanunnaki Avatar
    millertheanunnaki

    @ Artax June 21, 2016 at 11:04 AM
    “On page 49 of the CBB 2015 annual report, disclosures on the HCF were as follows:
    …. 2014…… $156,743,836
    …. 2015…… $130,605,268

    During the financial year ended March 31, 2015, $26,243,738.00 was disbursed from the Fund, of which the CBB was paid management fees of $105,170. Hence, the sum of $26,138,568 was disbursed.

    Interestingly, there isn’t any further information pertaining to the total funds DISBURSED by HCF and corresponding EXPLANATIONS of those disbursements.”

    Artax, do you know who are the external auditors for the Central Bank?
    Are we witnessing another CLICO-type cover up aided and abetted by professional accountants?

  33. Artax Avatar
    Artax

    “Yes miller Debt debt debt and you and the other foot soldiers must also be reminded how and where this debt was accumulated.”

    @ Uglicia

    Are you suggesting Barbados was DEBT FREE prior to September 6, 1994 and all the present debt of this island was INCURRED by the BLP, or that the debt incurred by the DLP was as a result of them paying off “BLP debt?”

    BRING THE EVIDENCE.

    AC, it’s about TIME you REALIZE that many of the contributors to BU, even Alvin, are EDUCATED beyond your level.

    While others present FACTS and SUBSTANTIATE those facts with supporting documentation, references from articles or from experts in the related field, you continue to present RHETORICAL political diatribe, taken from the DLP’s political platforms, DLP’s web-site, annual conferences, Friday lunch-time lectures and the Sunday constituency branch meeting, where you willingly eat the propaganda shiite from your DLP “gods.”

    While listening, you sit in your chair writhing in pain as your stomach, ass and hands hurt from digesting so much shiite. As one who has diarrhea would satisfy their desire by finding the toilet, your only satisfaction comes from logging on to your computer to shiite out the shiite o BU.

    No matter the topic, you keep bringing the SAME POLITICAL SHIITE, erroneously referring to it as “truth and facts.”

    You are a follower and not a leader……. and you continue to let the politicians lead you down the path of stupidity.

    BEWARE OF YARD FOWLS!!!!!

  34. Artax Avatar
    Artax

    millertheanunnaki June 21, 2016 at 11:39 AM #

    “Artax, do you know who are the external auditors for the Central Bank?”

    @ Miller

    The external/independent auditor for the Central Bank is KPMG Chartered Accountants.

    I would not hasten at this time to characterize professional accountants as people of ill repute.

    (Shhhhh…….. don’t leh Bushie know I tell you so, or he gine cuss muh, causing you know he abhor “people of my ilk” and does call we “albino-centric academics”) hahahahaha

  35. Pieceuhderockyeahright Avatar
    Pieceuhderockyeahright

    The Sleuth Extraordinaire Artaxerxes

    Who with one Due Diligence does mek dem vandagers get real vex.

    @ Artaxerxes

    You done know that as a result of your detective skills at being able to see that $30 million dollar anomaly right now dem got people

    (a).watching to see who is pinging the Central Bank Reports and from where, LIKE THE PARLIAMENT T.V putting cookies on your machines WHICH retrieve your IP address

    (b),creating a list of all their staff who have access to said reports and related documentation and/or may have accessed such within the three months

    Hardcopy is usually best in these circumstances.

    While they are usually bulky, it is better to have a document that when you stand back and take a picture of it, or have it notarized, not a man can say (most of the time), “the document that they are relying on, is a lie”

  36. ac Avatar
    ac

    In 2008 All the blp operatives stated that govt had a helping hand in the fall of Clico some of what is true because of failures by previous govts for proper goverance and effecient oversight oversight even insisying with Mia vocal outburst that taxpayers money be a sourcing as a viable refund for thec pensioners.Presently not a peek out of Mia on the Clico issue wonder why.Yet the public was lead to a belief that the present govt orchestrated the failures of Clico .Truth or false.. So u footsoldier dont come here with your brandishing low life version of truth ..cause truth be known there are lies and damn lies the latter of which the blp and foot soldiers are good at engineeringIs that a truth Attacking me does not change truth. Any numbers when posted only tells part of a whole when engineered by political spin

  37. Pieceuhderockyeahright Avatar
    Pieceuhderockyeahright

    @ Artaxerxes

    So let me see if de ole man got this right

    The Central Bank pay out $27 million dollars to one Baloney for a place that is not worth $10M

    One of the newest directors of the Central Bank one Barkham, soon to be a night, is one of the investors who owns the company that received the $27 million dollars which is not worth $10 Million.

    The company which is the current Auditors of the Central Bank, did the financials of the CBB and forget to include the same $27 million that you found to be missing in the audited statements of the CBB.

    The husband “HeadBoy” of the woman, who works at the man, who is soon to be nighted, is the former partner of the firm that is now auditing the records of the Central Bank where $27 million has disappeared, from the audited statements of the bank, $27M which would appear to be an “unrecorded $27 Million” that might have been paid to the boss of the woman who is a director of the CBB as well as a director/investor? of the entity that was paid $27 M.

    Not to forget that the woman is husband to the man that was a former partner of the Auditing firm of the Central Bank

    I am confused Artaxerxes!! and I am the person who wrote that!!

    I met a man while going to st ives, and the man had seven wives……

    See you, you is gallows bait doah…..

    Wunna really feel that the average bajan give one shyte bout this?

    Wunna feel that as long as i gine wuk up at Kadooment and let go shot dat I gives a BADWORD?

    Steupseeeeee

  38. I Brathwaite Avatar
    I Brathwaite

    Sweet very, very sweet-

    “The husband “HeadBoy” of the woman, who works at the man, who is soon to be nighted, is the former partner of the firm that is now auditing the records of the Central Bank where $27 million has disappeared, from the audited statements of the bank, $27M which would appear to be an “unrecorded $27 Million” that might have been paid to the boss of the woman who is a director of the CBB as well as a director/investor? of the entity that was paid $27 M.”

    Confused, nah. You mean COLLUSION. hehe. One bullpistle lash en dem coneys and we’ll see de ‘confusion’ clear up real effing fast.

    You know dat is why they brek off the long handle pon dat TRIDENT, right. To fool we that it is separate spear-heads of de people’s will heading forward proper so, and fool we twice to forget that it really all cometh from one ironmonger who mek de thing sweet so.

    COLLUSION I say.

  39. Prodigal Son Avatar
    Prodigal Son

    I am thinking that there would have had to be a reason why after the 2013 election, Fumbles moved the skin teet man from Housing after he was touted as the minister who built the most houses in Barbados. (But what kind of houses?)

    Fumbles had to know that Lashley was doing a lot of under handed things……paying out large sums of taxpayers money for junk. I wonder if Lashley ever stopped to think that these match boxes were not suitable for the poor people for whom they were intended.

    Valery and the Grotto were all part of this illusion of a minister building the most houses….yes he was getting houses built but they were not fit for purpose all the while enriching a white man and heavens know who else.

    Fumbles is to be blamed for all this corruption, he knows what his ministers are doing and he closes his eyes. goes to sleep, says nothing but tells the public to call the DPP. He allows the corruption to go on ………as long as he stays in the position of PM.

    What a farce!

  40. Prodigal Son Avatar
    Prodigal Son

    The Stinkliar is complicit in all of this. Remember he was transferring huge sums from the treasury to the NHC while Lashley was minister which were never brought to Parliament.

    Partners in crime!

  41. Gabriel Avatar
    Gabriel

    AC
    Then explain why Commissioner of Police Darwin Dottin and the Supervisor of Insurance Ms Belgrave were both sent on leave after they moved to take Parris and Clico to court.And the court marshalls couldn’t find Parris although he was in full view of everybody in Bridgetown.You DLP are one brazen lot.All wunna want locking to ass up,wunna vagabonds,wunna insults to bajans.

  42. Prodigal Son Avatar
    Prodigal Son

    We all know that this dlp is the most incompetent government ever. It is the worst government Barbados ever had. They are so ignorant……..you wont believe that most of them went to UWI.

    One would think that since the Grotto apartments were built:
    ……………. they know that the cost of construction was astronomical
    ……………. they cannot be sold or rented for what they were built
    …………….. the NHC cannot recoup the real cost

    Are there no people in power with any sense to say……….we have lost big time, Maloney tricked us, let us rent the units at a reasonable rent rather than keep them closed up. At least some money would be coming into NHC.

    The NHC is broke as hell. The morons came into office and played “powful foolish” and gave away the taxpayers’ units and did not stop to think about the economic cost of giving up all that rental income.

    Rent the units out and get some money, you morons………..admit that you all are idiots and dont know what you are doing.

    Who in their right minds would agree to a johnny come lately building concrete slab small units in a business area at $600 a square foot? Did the morons expect Sandy Lane types to buy or rent them? All the money Maloney got, can you imagine that the area is not landscaped? Build them and left them there for the morons…….

    JA’s!

  43. Well Well & Consequences Avatar
    Well Well & Consequences

    “In 2008 All the blp operatives stated that govt had a helping hand in the fall of Clico some of what is true because of failures by previous govts for proper goverance and effecient oversight oversight even”……..

    The AC pimps….there have only ever been 2 governments in Barbados….BLP & DLP…both corrupt and careless with the people’s business.

  44. David Avatar
    David

    @PUDRYR

    You forgot to mention Darcy Boyce is a former Governor of the Central Bank. This trivia adds to the intrigue.

  45. Gabriel Avatar
    Gabriel

    Next door in Trinidad,the system of governance allows investigations to be held and witnesses summoned to be grilled if necessary by members of parliament,similar to what obtains in the US Congress.One would’ve thought Barbados would have a similar system in place.Further I would like a system where former ministers are called to account before the same committees of parliament to account for their tenure;almost similar to the position held by Senator Harold Crichlow when he asked Senator Kerrie Symmonds to account for the overspending by the last BLP government.

  46. Artax Avatar
    Artax

    Pieceuhderockyeahright June 21, 2016 at 3:17 PM #

    “See you, you is gallows bait doah…..”

    @ PUDRYR

    I en nuh “gallows bait,” um is you…… you is de body dat say I say dat $27M “missing in the audited statements of the CBB” and dat “The Central Bank pay out $27 million dollars to one Baloney for a place that is not worth $10M.”

    Look, I en say nuttun so, yuh. Next t’ing yuh know, you gine got me in one uh you posters “ad libbing” ‘bout de money.

    But I want you to read page 13 of the same report, so you would see a big photograph of the CBB’s board of directors, which includes, Mr. Bjorn Bjerkhamn, Governor Dr. DeLisle Worrell, Dr. Justin Robinson and Mr. Peter Carter. Mr. Carter is a Chartered Accountant and the husband of Senator Esther Byer-Suckoo.

    Piece, we could assume that Esther has some responsibility for Peter being appointed to the Board. But Piece, you know who responsible for Bjorn?

  47. Gabriel Avatar
    Gabriel

    David
    As I recall Darcy Boyce was a deputy governor and he was not a team player and OSA moved him to Bdos Tourism Investment Inc.I think he was replaced by the late Carlos Holder.

  48. Pieceuhderockyeahright Avatar
    Pieceuhderockyeahright

    @ Prodigal Son

    Every Christmas, come what may, BNB or RBTT, opens its doors to advance a “Santa Claus Loan” to ingrunt Bajans.

    It is like clockwork

    And so too, with every General Election, whereas the electorate of old were satisfied with corned beef and biscuits, both parties, Owen with the Development scams in St Peter and the DLP with the NHC scams and the Goldilocks sized houses at Lancaster, put out a sprat and catch a whale.

    So if there are 20 houses available they take in 2,000 applications just like RBTT.

    Amazingly we the ingrunt bajans swallow all the bait, hook, line and sinker.

    You can be assured that the Grotto going go on the market to nuff people in Fumbles cuntstituency soon.

    It is a fact that you can hide and buy land, but you cant hide and wuk it, so too “they can pretend that the elections far away, but dem going announce General Elections, as soon as you hear people talking bout getting house and ting.

    And the thing is that people going got to be in dem or not the electorate ent going give them the time of day.

  49. Pieceuhderockyeahright Avatar
    Pieceuhderockyeahright

    From the “Inspiration Series”

    Here is Bush Tea (again)

    @ Bush Tea de grandson did some wordsmithing for IMGUR cause dem doan like cuss words too much though he could have used “Foop” and “scvunt” and ting and dem Muricans would not have understood those words.

    [Square Brackets so you know what that mean – only you can see the words in this part of the message.

    Piece getting email from Brooklyn dennnnnn and a body want Piece to do an interview pun *** radio BUT PIECE ent got no Voice Changing Software]

    http://imgur.com/e1a754S

  50. ac Avatar
    ac

    Caribbean Market Overview Quarter 2 2016

    With the return of growth and improvement e fiscal front,BERMUD outperformed peers such as Bahama Panama and TRITOB but also high yield credits such as BARBAD.Growth has spread to the whole region with the laggards Barbados and Bermuda finally showing real improvement in economic activity ,lower energy prices figure centrally in this improvement. Fiscal improvement, however,is starting to become significant,as primary fiscal
    balances have swung into surplus.
    Fully 11 of the 16 countries we cover are currently posting or are poised to post (Bermuda) primary fiscal surpluses. That is a significant advance from just three years ago. Consequently we remain constructive on Carribbean, bonds.Continued fiscal adjustment
    and consolidation of the recent fiscal improvement should help

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