Dr. Jerry Thorne resigned as Chairman of the BTII
Given the deep pockets involved in this matter BU is threading lightly on this matter. Below is a document which provides analysis carried out – as we understand it – by a certified chartered accountant who was a member of the technical evaluation committee of the Barbados Tourism Investment Inc. Contrary to public statements, the project will end up costing US$15.1 million a year for 25 years and which equals 25 x US$15.1= US$ 377.5 M x 2.0 for Barbadian currency = BDS$755 million.
