Tag Archives: Featured Posts

Chris Sinckler and David Estwick Saga Continues – Money is Sweeter than Sugar

Originally posted on Barbados Underground:
BU understands the Minister of Finance & Economic Affairs Chris Sinckler will play hardball with the sugar industry deal unless Minister of Agriculture David Estwick appoints BNB Capital Corporation to provide the financing for the new sugar factory. It is being discussed in certain circles that the minister of finance arranged for BNB Capital Corporation…

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C&W FLOW Merger: All Eyes on the Regulator

Submitted by Anthony Davis “It may not have the blessing of regional regulators and even consumers at this stage, but shareholders of Cable & Wireless Communications (CWC), the parent of LIME, today voted overwhelmingly in favour of the merger with Columbus International Inc., operator of the consumer brand, Flow” – Barbados Today Once again the former colonial masters – in

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CL Financial – Bait & Switch

Originally posted on AfraRaymond.net:
“They’ve got twelve Aces up their sleeve! So who the Hell can we believe?” —Rudder, David Michael. “Back to the Same Ole Same.” The Autobiography of The Now. Lypsoland, 2001. Used with permission The CL Financial bailout seems to be entering its end-game, with repeated claims from the Minister of Finance that the recovery of the $25 Billion…

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Corporate Governance Awry At Caves Of Barbados

Originally posted on Barbados Underground:
What has been exposed by the hair raising report prepared by Judicial Manager Deloitte is the light regard directors of CLICO companies viewed their fiduciary responsibility. Directors followed meekly the dictate of Parris which  speaks to a weak corporate governance system. It is only god’s mercy we have enjoyed a stable financial climate through the…

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Chris Sinckler and David Estwick Saga Continues – Money is Sweeter than Sugar

BU understands the Minister of Finance & Economic Affairs Chris Sinckler will play hardball with the sugar industry deal unless Minister of Agriculture David Estwick appoints BNB Capital Corporation to provide the financing for the new sugar factory. It is being discussed in certain circles that the minister of finance arranged for BNB Capital Corporation to handle the financing for

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The Edmund Hinkson and George Payne Story, EXPOSED–Dale Marshall

The following is the Witness Statement of Dale Dermont Marshall who was Chairman of what BU describes as the  tumultuous BLP Parliamentary meeting held on 25 February 2013 to select  a political leader. Dale Marshall Witness Statement (1) Dale Marshall Witness Statement (2) Dale Marshall Witness Statement (3) Dale Marshall Witness Statement (4) Dale Marshall Witness Statement (5) Dale Marshall

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Open Letter to the Director of Public Prosecutions (DPP) about the CLICO (Barbados) Scandal

Dear Mr. Leacock, I am a citizen and taxpayer of Barbados. I am also a pension actuary. My fundamental responsibility, as an actuary, is to provide services skilfully and competently, to operate with integrity, and to uphold and protect the public trust. I believe your chosen profession has imposed similar responsibilities upon you. By definition, therefore, whenever the public trust

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Police ‘Raids’ Red Sea In Deacons, Alleged Police Brutality

In light of recent developments BU sees value in highlighting a blog originally posted in 2011.

BU understands the Barbados Police Force ‘raided’ the area known as the ‘Read Sea’ in Deacons Road on Saturday 22nd January 2011. During the ‘raid’ five persons were arrested. Among those arrested were photo journalists Sandy Keisha Pitt, 32 years of Bush Hall, St. Michael, for the offence of assaulting a police officer in the execution of his duty and Cheri Alisa Pitt, also of Bush Hall, St. Michael, was arrested and charged for, failing to move and keep moving, armed with a weapon adapted to cause injury, assaulting a police officer in the execution of his duty and resisting a police officer.

BU now publishes an alleged account of an incident which occurred. The account does not reflect the opinion of Barbados Underground.

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