A dispute involving Irish investor Alan McIntosh and other parties with local hotelier Peter Odle continues to be a source of embarrassment for Barbadians and makes public what ordinary Barbadians have been complaining about for many years. We have a court system that is broken and a ‘buddy system’ that protects the favoured in society. In local parlance, two Barbadoses.
The two political parties come and the two political parties go and the problem remains.
See other blogs posted on a dispute which continues to expose our moribund court system and to dent our reputation as a domicile fit and proper to conduct international business. This imbroglio is occurring as Prime Minister Mia Mottley has been promoting the Barbados Welcome Stamp – Work Remotely in Barbados initiative in the international media. It should not be forgotten that attracting foreign direct investment is important to the economic planners to ensure we can honour foreign commitments.
Alan McIntosh dubbed by Barbados Underground as that pesky Irish investor has written a second letter to the Prime Minister of Barbados which encapsulates in summary detail the dysfunctional governance setup and toxic business ethos prevailing in Barbados. The letter separates the issues for the Prime Minister’s under the headings – Court Delay Tactics, Corporate Governance and Abuse of Personal Relationships to Circumvent Creditors.
It is clear from reading the letter that Attorney General Dale Marshall is also aware of the ongoing dispute that threatens to compromise Barbados’ economic recovery effort. In an Affidavit filed with the Barbados court, Abagi Ekoku who is a shareholder in Sandy Bay Holdings Inc (SBHI) named as First Defendant in the pending court matter, explains how a repurchase agreement with Richard Bradford and Peter Odle has gone south and precipitated litigious action.
Clause 23 extracted from the Affidavit sworn by Agagi Ekoku:
On Monday the 10th day of February, 2020, pursuant legal advice which I received from my Attorney-at-Law, I wrote to the Attorney General of Barbados, the Hon. D. Marshall, Q.C., MP. I requested acknowledgement of my aforementioned letter from the office of the Attorney General and received the acknowledgement on the same date from Hazel Mederick, the executive secretary to the Attorney General. To date, I have not received a response to my letter. True copies of the email/letter dated 10th day of February, 2020 and the acknowledgment of the same date are hereto attached and marked “AE3”.Extracted from the Affidavit of Abagi Ekoku
It pains the blogmaster no end each time a blog of this type is posted which shines a light at the underbelly of Barbados. The upside is that it is being done with the aim of making Barbados a better country for ALL.
Barbadians should be reminded of an Irish saying – May the enemies of Ireland never meet a friend..