A critical activity in the due diligence process to prequalify a vendor for a major project is to understand determine the financial strength and good reputation of the vendor.
Leaked documents on BU clearly expose Clare Cowan, […]CEO of Cahill Energy Limited to have been in default of a substantial loan PRIOR to signing contracts with the government of Barbados in March 2014. In other words she knowingly misrepresented that Cahill Energy Limited, Cahill Energy Barbados Limited and herself were viable financial entities and of good repute. Clearly loan proceeds from Liz Spencer and monies received from Technip were used to fund a luxurious condo which she used to misrepresent and impress a group of clueless government ministers and cohorts. One does not have to be an investigative journalist to take note that the date of the loan monies received from Liz Spencer coincided with the down payment on the condo.
Barbadians should be insistent to have government confirm if samples placed in an Oven has created a health hazard to the public. What role did the Town Planning, Environmental Protection Unit and relevant agencies play in the decision.