Tag Archives: Four Seasons

Four Seasons Project: Public Servants Must Serve Taxpayers NOT Politicians

The Four Seasons Project – Story of Failure continues to be an example of how the public continues is short changed by public officials elected and recruited to serve us. The inability of taxpayers to solicit answers to legitimate questions regarding the quality of decisions made by successive governments is an embarrassment to the type of democracy we should be

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Four Seasons Project – Story of Failure

The most recent Auditor General Report – see 2020 Auditor General Report – Time to Fire Senior Public Servants – continues to generate the usual concerns engaged annually by the general public. Although it must be said there is more impatience being exercised this time around if the blogmaster has tested the temperature of debate correctly. Is it because of the

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Mia Mottley and Avinash Persaud in “Paradise”

The following comment was posted Jan 22, 2019 @ 16:48 by NortherObserver- extracted from the blog Errol Barrow — Architect of a Collective CARICOM Foreign Policy. “…will we DEMAND our parliamentary representatives provide us with answers to the Four Seasons debacle?…” Yes this is the crux of the matter [forget Hyatt for now Miller]. Former Ministers Sealy and Sincklair are

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A Heather Cole Column – Where is the Money?

“In the criminal justice system treasonous offenses are considered especially heinous. In Barbados, the dedicated detectives who investigate these vicious felonies are members of an elite squad known as the Task Force. This must be one of their stories.” Adapted from Law and Order If Barbados was a properly functioning democracy, in light of the revelation on the front page

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Paradise LOST

Minister of Finance Chris Sinckler updated Barbadians in November 2014 that the Paradise deal was very close to being finalized – “…new equity partners have been found and are now doing their due diligence and once that exercise is completed, they too will sign up. Once that happens, Government will then be repaid its resources, and the project can get

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Paradise Beach Limited (Four Seasons) Inquiry

Barbadians welcomed the revelation by Opposition member of parliament Ronald Toppin that two Paradise Beach Limited  bond holders had to be paid by government to the tuned of BBD120 million. There was also the view that government’s haste to dump its minority holdings in the former Barbados National Bank, now Republic Bank, was to ‘shield’ this transaction in the wash.

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When Will The Haemorrhaging Stop?

The author’s name withheld by request “A stitch in time save ninety nine “ Money spends like water when you are in government, after all it is not yours. You don’t have to account for it  far less pay it back. Imagine a metallic claptrap spawning the highway by BET head office building costing $255,000 ? A real dignified stop

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The State Of Villa Stock In The Caribbean

The video summarizes a Wall Street Journal article which made the rounds this week – Caribbean Getaways Ensnare Buyers. It explains the current state of the villa market in the Caribbean which does not bode well for the Paradise Beach Development (Four Seasons Project). With many similar projects on the skids in the Caribbean this translates to a reserve of

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Financial Meltdown, How Would It Effect Our Fragile Investment In Four Seasons?

Submitted by Old Onion Bags Greece’s political leaders struck a historic deal Thursday to make deep cuts in government jobs and spending to help save the country from a default that could shock the world financial system. Greece needs the bailout by March 20 so it will have enough money to redeem €14.5 billion worth of bonds coming due. If

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Market And Operations Study Of Four Seasons Barbados Hotel Project

The politically weighed Paradise Beach Development Project (Four Seasons) has become one of several hot potato issues in Barbados of late. Should the government intervene by investing NIS funds?  Are the original investors in the villa properties losing faith? A general election is looming and it is therefore very difficult to determine the motives behind many decisions. What is missing

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