Barbadians have acquired a reputation of having short memories. One subject not making the news cycle of late is the CLICO fraud matter. Questions about the role late prime minister David Thompson and DLPites played in the demise of CLICO, and the lack of appetite to pursue key players known to have been associated with CLICO remain unanswered five years later.
It is a shame the first item on the Barbados Investors and Policyholders Alliance (BIPA) third annual general meeting is “Ascertainment of Quorum in accordance with Organization’s By-laws”. BU understands these meetings are not well attended which is a big disappointment with 25,000 policyholders listed to be at risk.
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