bipa

CLICO Investors Passing from this World, Liquidators Earning Millions in Fees

The following extracted from the Barbados Investors & Policyholders Alliance (BIPA) Facebook Page.

bipa1

Hopefully this will reach the eyes of those who are dragging their feet and will put enough fire under them to speed things up. If Barbados’ 50th Anniversary arrives on 30th November and policyholders have not seen the start of their money coming back, BIPA will have plenty to say about it.

Nation News Monday 12th September

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WITH SOME MEMBERS dying before any resolution in the CLICO/BAICO insurance debacle, the head of the Barbados Association of Retired Persons (BARP) has called for quicker action to conclude the rescue deal. “They don’t have a lot of time left and they need to have this thing settled within their lifetime as rapidly as possible,” said Ed Bushell. “A lot of these people who made the investment were in their 70s and 80s and some would have passed on without any hope.” The BARP leader was among more than 50 people attending the annual general meeting of the Barbados Investors & Policyholders Alliance (BIPA) at the St Gabriel’s School last Wednesday.

Bushell said BARP members were very concerned about the time being taken to resolve the problem, and he expressed mixed views about the current situation. “Coming out of this meeting I can see some light at the end of the tunnel. However, I hope it’s not an oncoming train. Based on the information that we got, I think we are going in the right direction. My major concern is the slow pace at which the judicial manager is working,” he said.

“Some of my members who took their savings and invested in CLICO, we’re not going to get into whether they were right to do it or not, but the fact is they did it and because of mis-management, they’re now placed in a position where they have become the genteel poor. They are asset rich and cash poor. Even those who are left with a house can’t sell it because of the market now. So they’re between a rock and a hard place and they need to get this thing resolved as soon as possible.”

A minute’s silence in honour of four members who died within the last year was observed at the meeting. BIPA officials said they feared the numbers could be far higher given that many policyholders were not members of the organisation. And they said the situation was further worrying, given the age of other members, the eldest of whom was 92. During the AGM, members were given the news that the September 30 timeline to transfer CLICO policies to the new company, Resolution Life, did not seem likely.

New Life Investment Company Inc. (NLICO), the holding company created by Government, is the sole shareholder of Resolution Life. BIPA vice president Deighton Smith, who represents BIPA on NLICO, described the process as “walking through thick mud”, and said several major issues had not been resolved.
He told the meeting that there appeared to be no urgency on the part of the judicial manager, which had caused the process to move at a very slow rate.

“Once all of these instruments have been agreed to, then the liabilities will be transferred from CLICO to Resolution Life. The reason that it has not been transferred yet is that the valuation of the portfolio has not been completed and you can’t transfer it until you’re absolutely sure of what you’re transferring in terms of the amounts” he explained. Smith said BIPA was very disappointed with the pace at which things were moving. (WILLCOMM)

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67 Comments on “CLICO Investors Passing from this World, Liquidators Earning Millions in Fees”

  1. Frothy Mouth September 14, 2016 at 6:34 AM #

    Cheupse the aristocrats who head and have headed BIPA have squandered the mandate of it membership. The lawyers, Receivers and Judical Managers smiling all the way to the banks while Wunna die slowly. What a bunch of fools!

    Like

  2. David September 14, 2016 at 6:53 AM #

    Agree with you, in typical Bajan fashion the BIPA hierarchy Bought into the system rhetoric.

    Like

  3. Well Well & Consequences September 14, 2016 at 7:44 AM #

    http://www.nationnews.com/nationnews/news/85485/sinckler-sorry

    It’s the taxpayer’s money paying the judicial managers, instead of Sinckler claiming he is sorry though it’s not him to blame. ..says he, why dont the government light a huge fire under the judicial managers who figure they now have a cow to milk and dont care if the dying policyholders get a dime as long as they are making millions and can milk thst cow, taxpayer’s m8ney, for another 10 or 20 years…the typical greedy mentality of lawyers, doctors, insurance executives and obviously the accounting executives and judicial managers..

    Stay away from insurance companies….insurance executives tell lies lots and lots of lies, to sell their scam policies.

    BIPA members have to make absolutely sure that Fruendel’s good friend the thief Leroy Parris is not a silent partner or director of the government created NLICO.

    Like

  4. Frothy Mouth September 14, 2016 at 7:51 AM #

    BIPA refused to go after the assets of Leroy Parris thanks to bad legal advice. Lawyers are self serving and are the most corrupt among professions. Leslie Haynes has aided and abetted Leroy Parris for years as well as Michael Yearwood and to a lesser extent Stuart.

    The best lawyer is a young hungry lawyer. Stay far from the lawyers and the political plants within BIPA..

    Like

  5. David September 14, 2016 at 7:59 AM #

    BIPA in its defence will put forward that there is an order in force to prevent litigation.

    >

    Like

  6. Well Well & Consequences September 14, 2016 at 8:13 AM #

    “Leslie Haynes has aided and abetted Leroy Parris for years as well as Michael Yearwood and to a lesser extent Stuart.

    The best lawyer is a young hungry lawyer. Stay far from the lawyers and the political plants within BIPA..”

    You forgot Peter Harris of CGI insurance, another destructive force on the island.

    In theory a young hungry lawyer is ideal to represent because he/she is trying to make a name for themselves, but unfortunately, the way the system is set up….they MUST pass through the offices of the older lawyers when they pass the bar, so right away, they learn from those lawyers who are dishonest….the short cut to selling out the client.

    It’s an ugly situation.

    http://www.nationnews.com/nationnews/news/85479/law-students-told-explore-options

    For young lawyers and lawyers to be, the above is the best advice to help them get away from that web of deceit and nest of vipers operating in the supreme court.

    Like

  7. Old Baje September 14, 2016 at 8:54 AM #

    OFF TOPIC

    Anybody know what’s happenning with the Customs investigation into Bhana importing wings without a licence?

    Deltro containers still in the port?

    Garbage trucks still in the port?

    Construction still not started on Sam Lord’s Castle.

    The traditional media never follows through on these things.

    Like

  8. Bernard Codrington. September 14, 2016 at 9:09 AM #

    Is it the system? But then the system is made up and run by individual persons. There is a way forward. Change yourself. Greed is the original sin. The investors wanted to reap where they did not sow and were caught in the web a second time. Remember Trade Confirmers? Any time some one promise you a higher return than the normal, beware he is operating a PONZI Scheme. Just make sure you get out first. Some of the operators do not even know that they are doing something immoral.

    Like

  9. Bernard Codrington. September 14, 2016 at 9:19 AM #

    Emptor caveat. Buyer beware. It is not fair that the tax payer should bail out an educated segment of the population when they make bad decisions. Tax payers should only bail out the vulnerable section of the population.

    Like

  10. Pachamama September 14, 2016 at 9:43 AM #

    @ David

    We had warned you about this.

    You would be amazed as to how the ‘corporate undertakers’ groge themselves on carcasses.

    Especially when the animal is/was large and when few others were available in recent times.

    We shall warn you that several of the key players will be able to retire based entirely on this one case.

    This makes the malfeasance of Leroy Parris and Duprey and their acolytes worse by many times

    Like

  11. David September 14, 2016 at 10:14 AM #

    @Pacha

    Indeed, we have a few millionaires so far, in the accounting profession.

    >

    Like

  12. Well Well & Consequences September 14, 2016 at 10:16 AM #

    Pacha…that’s the nastiness and greed I cant stomach about those on the island calling themselves professionals.,, they are nothing but bottomfeeding animals, they all do it in the different professions…..

    ………people would take their cases that were already in the system 7 years or more to a new lawyer……..all the work has already been done, it’s just to finish the case, maybe 1 or 2 more court appearances, if the case is personal injury, for everyone to get paid, but that son of a bitch will try to find a way to drag the case, see if he or she could find a way to make the client pay for shit advice, even though the attorney will be paid by the insurance company…..and his/her client when checks are cut….it does not matter….and if you resist…the bitch would then try to sell you out to the same insurance company.

    They do not want the clients to get anything, not a dime, particularly not more than them,, even if the client is suffering or dying. What they try to do is not tell the clients the amount of money the lawyer is entitled to, dont care how much ya ask…they always have some stinking ulterior motive…..in other countries, they would die by the dozens.

    They are just nasty, they must be the ones benefitting….never the client.

    Ya can be sure the judicial managers are trying to be paid 50 times the amount owed to the duped investors….ya can only do that if ya let another 5 or 10 years pass, by that time all the policyholders would have died…stink does not begin to describe their mentalities.

    BIPA has to keep this in the public domain, they cant say they dont know the ibtent of those who are greedy and nasty,

    Like

  13. Bush Tea September 14, 2016 at 10:53 AM #

    Steupsss
    So what wunna have to say about a people who would just sit around and accept all levels of shiite being heaped upon them…?

    Shiite man!! …we have ESTABLISHED that the politicians are crooked, inept and nothing but puppets…but if we are so useless that we are not prepared to do ANY shiite about this, …but wait till election and see if the OTHER set of female canines will treat us better….
    then we DESERVE them….

    What the hell!!
    Other normal people DO NOT STAND FOR SUCH NONSENSE.
    …they STRIKE!!
    …they PROTEST!!
    …they disrupt ceremonies…
    …they refuse to pay taxes
    Some even burn things…

    What a bunch of useless brass bowls…. and as Bushie always says…. a people ALWAYS get exactly what they deserve.

    Of course there is a REASON for the indifference…
    Those Customs Officers DARE not raise a hue and cry about the tainted appointments – least someone ask about THEIR appointments…
    …or about THEIR big house and car
    …or about THEIR associations…

    The Clico policy holders DARE not raise too much stink – least details come out as to how they got this money to invest in CLICO in the first place … Perhaps that was Froon’s threat…

    Righteous people STAND UP for truth and justice… like Jesus did in the Temple…

    The whole damn place is too CROOKED and too unrighteous ….and the Churches cannot even tell us that – least we start to look in THEIR direction….

    Like

  14. David September 14, 2016 at 10:57 AM #

    Can we have an update on deputy supervisor of insurance who was sent on paid leave?

    >

    Like

  15. Well Well & Consequences September 14, 2016 at 11:42 AM #

    Yeah…instead of locking up Leroy Parris and Peter Harris…when the deputy director of insurance told the 2 governments that Parris was selling illegal scam investments policies…they sent the person on paid…by the taxpayers…leave so that Parris could continue his illegal activities in peace. ..stealing from policyholders.

    And that is despite previous scam insurance companies like Trade Confirmers and some other crooked Indian Insurance company. You would think the governments would put legislation in place to lock these thieves up so that large scale scamming can never be repeated on the people….oh no, they did nothing to prevent scamming the people….but ya hearing how Thompson was lawyer for CLICO, Parris is his best friend and Fruendel’s friend…..and Harris is advisor to Mia and the other useless ministers in waiting….while Harris boasts that he can collect people’s money using CGI Insurance as a cover to promise to pay….but he dont have to pay out a cent to policyholders and injured people in Barbados.

    These people have death wishes….there will come a day whe political friendships and DPP friendships and all the corruption in the world will not save them from angry and suffering people.

    Liked by 1 person

  16. Well Well & Consequences September 14, 2016 at 12:13 PM #

    All these conflicts of interest causes corruption between government ministers and business people that ALWAYS end up costing the taxpayers hundreds of millions of dollars….how is that helping the people and coubtry to progress..gues what, it’s not.

    Mia was attorney for Bizzy & Cows 4 Seasons scam……look how much that cost the NIS pension fund….there is a lesson there for politicians. ..but they are hardheaded.

    Like

  17. David September 14, 2016 at 12:58 PM #

    The Rock Hard case not surprising postponed until October 2016. Every thing in Barbados grinds as slow as a stuart.

    Like

  18. Gabriel September 14, 2016 at 1:06 PM #

    WW&C
    I think it was Narsham Insurance that ran into some difficulty in handling New India agency in Barbados.

    Like

  19. Well Well & Consequences September 14, 2016 at 2:16 PM #

    Gabriel…the thng about it…..none of the ministers/politicians can see that maintaining these corrupt relationships with business people has brought the island to its knees, they will still try to enable and condone another scam against the people, against the island….the people will lose again.

    The ministers dont see the need to enact or enforce legislation to lock up white collar criminals in the business sector…who are their friends and business partners.

    Someòne said as long as that Hardrock case is before Randall Worrell….do not expect a resolution, people are being warned to steer clear of Worrell……the cases before him never seem to have an end….maybe Chief Justice Gibson might want to look into that….something is very wrong in the judiciary.

    Like

  20. Well Well & Consequences September 14, 2016 at 2:58 PM #

    http://www.barbadostoday.bb/2016/09/14/dont-blame-me-2/

    Lol…it wasnt me, it wasnt me, but I will fix it…lol

    The comments below the article is funny.

    Like

  21. Gabriel September 14, 2016 at 3:16 PM #

    WW&C
    Clico also administered annuities for other companies and those retirees also were hit,not as early as the policyholders of Clico but the monthly pensions have stopped since Dec 2013.
    The oversight of Clico was not affective,the assumption being that all that glitters was gold since all Parris and his henchmen or women were to be seen showing off their latest Mercs and beamers however the Parris scam extended to ownership and making Clico pay one of parris’s compnaies for use of these high end vehicles.All a bloody scam and this man walking about Barbados like he is sir L yut belle grave.

    Like

  22. Bush Tea September 14, 2016 at 3:26 PM #

    @ Gabriel
    Bushie had a few dollars with CLICO at one stage, but after hearing the CEO (GreenVerbs) on radio being unable to distinguish the correct use of ‘is’ and ‘are’ in a basic sentence, the Bushman went for every cent the next day…

    Lo and behold the CEO of the FSC was on radio yesterday expounding -apparently from a prepared speech …on the status of his portfolio…..
    Boss man…. it is ok to talk shiite on BU, but it does NOT reflect well when such basic mistakes are made in formal presentations in public…

    …looks like Bushie will need a big-ass bed yuh….

    Like

  23. Well Well & Consequences September 14, 2016 at 3:55 PM #

    Gabriel…amazing that the politicians see nothing wrong with any of that. I heard people complaining they have no pensions because of Parris, Thompson, Fruendel and all the other crooks who see nothing wrong with people who worked and built up the country all their lives…having no means of support.

    They are a savage lot, with no feelings.

    Liked by 1 person

  24. Gabriel September 14, 2016 at 4:20 PM #

    Bushie,
    At C’mere a boy was told to decline the verb tenir.He stood and in Bajan pronunciation said…juh tins,too tins,eel tint.The teacher continued..yes,noo skillets,voo buckets,eel tots”and sent him off to the major for a whipping.He was known thenceforth as Skillets Murree.

    Like

  25. Bush Tea September 14, 2016 at 4:49 PM #

    LOL @ Gabriel
    ha ha ha..
    You! …that could have been Alvin too…. and the joke bout him is that even now he probably wouldn’t know why de major cut his tail…

    Like

  26. millertheannunaki September 14, 2016 at 4:50 PM #

    @ Well Well & Consequences September 14, 2016 at 2:58 P M

    “Lol…it wasnt me, it wasnt me, but I will fix it…lol

    This DLP lot of jokers should adopt Shaggy’s song “It Wasn’t Me as their next election slogan.
    Listen to what the bold-faced Pinocchio is quoted as saying:

    “We, in December, took some decisions contingent on the court’s acceptance of the restructuring plan of CLICO. We put certain things in place, including financial resources, which we have done with the assistance of our Central Bank and others, and we have given full and complete support for that restructuring plan to proceed. And I can say that eight months on we are in fact disappointed that the pace at which that level of reform has transpired as not been at a satisfactory level,” said Sinckler.

    So the financial resources needed to relieve the plight of the policyholders have been put in place and just require a bunch of lazy-ass people to make things right? What a laugh!

    Do you or anyone know if these ‘Financial Resources” have been included in the 2016-17 Estimates and approved by Parliament? Have bonds been issued by the Central Bank with the relevant Government’s guarantees in place and approved by Parliament?

    Like

  27. Bush Tea September 14, 2016 at 5:11 PM #

    @ Miller
    Do you or anyone know if these ‘Financial Resources” have been included in the 2016-17 Estimates and approved by Parliament?
    ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
    Steupsss …why don’t you stop wasting BU time with quotations from Stinkliar nuh? This damn man has been lying through his teeth for so long now …that it is clear to Bushie that not even he himself is stupid enough to take his word for anything….
    If those CLICO robbery victims are patiently awaiting and expecting a solution from this man then they are about to be scammed for a third time….

    Thank God that Bushie went for those funds when he did ….else all like now there could be an active ‘Al Qaeda’ branch operating in Bim….
    alahu akbar!!!

    Like

  28. Well Well & Consequences September 14, 2016 at 5:37 PM #

    Lol..

    Like

  29. Well Well & Consequences September 14, 2016 at 5:42 PM #

    “We put certain things in place, including financial resources, which we have done with the assistance of our Central Bank and others, and we have given full and complete support for that restructuring plan to proceed. And I can say that eight months on we are in fact disappointed that the pace at which that level of reform has transpired as not been at a satisfactory level,” said Sinckler.”

    Weren’t the judicial managers asking for 10 million in fees, if they got paid akready, they just found another way to make 10 million more…off the taxpayers.

    All these scum in the insurance companies the accounting companies, the government, the business people…..want locking up, they are ALL predators preying on policyholders, taxpayers, injured people. ..they are sickening.

    Like

  30. David September 14, 2016 at 6:03 PM #

    Image may contain: text

    Like

  31. balance September 15, 2016 at 4:02 AM #

    “David September 14, 2016 at 6:53 AM #

    Agree with you, in typical Bajan fashion the BIPA hierarchy Bought into the system rhetoric.”

    What is your statement intended to convey? You need to be more explanatory. I have two endowment policies with CLICO and both have matured. I have not bought into any system rhetoric. I just would like my money.

    Like

  32. David September 15, 2016 at 5:14 AM #

    The plan was always to frustrate the CLICO matter in the Court system, to burry it. To do otherwise would have been very (more) damaging for the DLP. Too besides, the DLP owe Parris and CLICO a lot for bankrolling the DLP through the years. BIPA bought into the charade to the detriment of its small membership.

    Any word on the five million placed at the centra bank?

    >

    Like

  33. Frothy Mouth September 15, 2016 at 6:18 AM #

    @Balance, let me put in bajan parlance. A flock of sheeple led by a lion will defeat a group of lion led by a sheep.

    You were led by SHEEPLE… sorry.

    Like

  34. Bush Tea September 15, 2016 at 7:40 AM #

    @ Frothy Mouth
    You were led by SHEEPLE… sorry.
    ++++++++++++++++++++++++++++
    “were” …?

    Like

  35. Bush Tea September 15, 2016 at 7:51 AM #

    @ Frothy Mouth
    …worse than sheeple…
    Bushie keeps trying to rationalise the situation where a KNOWN robber could take Bushie’s money and continue to drive ‘up and down’ without a care in the world…. living large …and with millions stashed in a tall-ass bank too boot….
    Boss… The situation would quickly arise where this robber and all his ‘esteemed friends’ would be BEGGING Bushie to make restitution…..

    Justice and righteousness are virtues for which a REAL man would willingly die…
    Only brass bowls suffer in silence while truth and justice are trampled to death.

    Liked by 1 person

  36. Frustrated Businessman aka 'Nation of Laws' my ass. September 16, 2016 at 6:52 AM #

    David September 15, 2016 at 5:14 AM #
    The plan was always to frustrate the CLICO matter in the Court system, to bury it. To do otherwise would have been very (more) damaging for the DLP. Too besides, the DLP owe Parris and CLICO a lot for bankrolling the DLP through the years. BIPA bought into the charade to the detriment of its small membership.

    Meanwhile thousands of acres of the most fertile soil in Barbados growing bush and some of the grandest houses in the Caribbean rotted to the ground; more millions in unrecoverable losses. Just because the Parris/Thompson land-subdivision racket failed with Thompson’s death, another crooked lawyer ‘at the bottom of the ocean’ as the joke goes.

    Hanging is too good for these crooks. Anywhere else there would be justice, official or extra-judicial.

    Like

  37. Bush Tea September 16, 2016 at 6:58 AM #

    @ Frustrated B
    Amen!

    Like

  38. David September 16, 2016 at 7:03 AM #

    At a time we should have a steely focus on productivity we have significant lands/assets tied up in litigation. What message does it send. What does it say about leader ship a la chad99999’s definition. Any definition for that matter.

    How about those rotting houses. What a waste.

    >

    Like

  39. Gabriel September 16, 2016 at 9:59 AM #

    I won’t sware but I have a sneaky feeling that this behavior will only come to an end with the voting out of this motley crowd in the government of Barbados,There is too much inertia in everything and everywhere you turn,in Barbados.The last time this occurred was in Sandy’s turn at the wheel.Once again the refrain can be heard on Admiral’s morning show…..Captain,the ship us sinking…….

    Like

  40. Gabriel September 16, 2016 at 10:02 AM #

    Errata……swear….the ship is sinking…

    Like

  41. Frustrated Businessman aka 'Nation of Laws' my ass. September 16, 2016 at 10:30 AM #

    IN.ER.TIA – a property of matter by which it continues in its existing state of rest……..unless that state is changed by an external force.

    That external force would be the general population of BDS. We are the reason there has been no change. Bajans are the dumbest sufferers anywhere on the planet, like Jews quietly boarding cattle-cars headed east.

    At least we can take comfort in the fact that BDS’ current state isn’t the fault of any cabinet member thus far stupid enough to open their igrant mouths.

    Like

  42. Well Well & Consequences September 16, 2016 at 11:33 AM #

    The ship has sunk…it started with the land scam in 1964, resulting in ALL the major properties now tied up in litigation in 2016, because court officials, lawyers, politians, ministers, former CJs etc were/are involved…it will only get worse.

    They cannot get the web they weaved for decades unloosed…too tangled, too much deceit practiced.

    They will ALL go to their graves and leave that tangled web, decades of lies, stealing and deceit.

    Like

  43. pieceuhderockyeahright September 16, 2016 at 11:40 AM #

    @ frustrated business man

    I was going to ask you “what can we do to change this inertia?”

    What will galvanize our people to action?

    Is it some (magical?) word or emotive speech, for certainly you are not speaking of sedition or treasonous acts?

    It is a postulate that crimes which are gender specific emote a greater response from the public so when that male 65 year old serial sexual molester assaulted the 19 year old male here a few years back would have effected de facto rape, such does not cause the same indignant response as the rape of a woman.

    I want you to understand this in context of the articulate male who was recently speaking at the BWA march at the Pine HQ and the woman who spoke about the problem that her 79 year old mother was having to get water to her home FOR THE SAME WATER ISSUE.

    These pictures and posters are ok and are doing their damage to ensure that the DLP will not get ONE EFFING SEAT BUT what will be better is capturing videos of women who are affected by every single item listed by Bush Tea in his Recent post on the Castle Grant Resevoir article at 7.14am on September 16th 2016.

    Capture their comments and blur out their faces and anonymize their voices and publish the collage of DLP inflicted misery under the banner of something like

    “The DLP – How they are Effing We at 50!!!”

    Make it a FaceBook and YouTube and Instagram and Twitter outreach for maximum reach

    And for every video that is created, insert the face of the offending minister in a “picture in picture screen” for the entire length of the 60-90second clips and end the outtake with “vote the DLP out”

    The shorter the message the better the strategy since the object is to disseminate the message by Whatsapp group messages.

    Get a US SIM card and create the service, upload the Numbers/contacts to the phone and reach out to Bajans with periodic topical messages.

    Do not exhaust your audience by that I mean “DO NOT SEND A MESSAGE TO YOUR AUDIENCE MORE THAN ONCE A DAY!!”

    You risk voter/citizen fatigue AS WELL AS you are using people’s data.

    If the US number gets blocked, given your infrequent, low megabyte message, that is an indication of (a) a DLP voter (b) a frugal data plan user read someone who can’t afford the message or (c) a non interest.

    I have excluded the category four person purposely

    DO NOT DO SHYTE TOPICS!!! since that will waste the currency of emotiveness

    Let me give an example of such a clip

    Focus of Campaign Michael Lashes. His picture must be in inset during entire clip.

    One Storyline. Mother with children bewailing unavailability of buses for children to get to school, show inoperative buses in yard at Weymouth, let the woman talk, “bullet her points”

    Highlight money spent annually feature Lashes hiring his cousin/family member

    End with key statement

    “VOTE EVERY ONE OF THE DLP OUT”

    @ Any Candidate Other than The DLP effers.

    I have hundreds of these tools and clips but, knowing wunna fellahs, wunna going teif a ting and do um wunna self and asi I would expect, ef um up.

    Some will marvel how I can come here and expose this module with such ease.

    but, as you examine its reasoned elements, you will be able to determine whether this upping of the public campaign makes sense in this 2nd module of the “Stoopid Cartoons” campaign since sedition or treason are not reasonable options.

    and what doing it wrong, or ineffectively, means with regard to the DLP losing, rather, the BLP winning conclusively but we dun know that these fellers ent de very brightest, dem got Peter but you can be assured that George C Brafwit and Alex late of *** running de show based on perceived competencies

    A note to the wise, only a majority of 2/3rds permits the ability to change the laws of Barbados, notwithstanding Marston Gibson, even the laws that relate to freedom of speech read the potential Extinction of Barbados Underground and we dun know dat Dale Smiley Teets is a man who does bear grudges.

    May Almighty God Help Us besieged as we are by these two tribes.

    Liked by 1 person

  44. Vincent Haynes September 16, 2016 at 11:52 AM #

    I just came across this interesting submission to the Senate by the goodly Senator in 2013…….it is pelucid and logical…..I wonder why it fell on deaf ears?

    Madam President, small businesses can be found in every economic sector in Barbados in:

     Agriculture and agribusiness
     Construction
     The creative industries
     Information communication technology
     Manufacturing
     Renewable energy
     Services
     Tourism
     Retail and wholesale

    Madam President, it would be great if our economy was firing on all cylinders, but this is unlikely, so that in small developing economies like ours, it is desirable to prioritize the attention given to the various sectors. We have to select the sectors that generate employment and earn and/or save foreign exchange.

    Although I would like to see small businesses in every sector given attention, there has to be a paradigm shift from merely buying and selling to areas that generate or save foreign exchange and create employment.

    For this reason, I am suggesting that the productive sectors of agriculture, manufacturing and tourism be given the priority. The expansion of those sectors will lead to increased demand for the services sector.

    Of all the sectors, agriculture has the greatest potential. Why? The imports of food items into Barbados are extremely high and much of it can be reduced with a careful import replacement policy.

     There will be a tremendous saving of foreign exchange
     With careful expansion, exports will be developed
     Small lots farming which better for vegetable production is suitable for small businesses and only very modest capital is required.
     It also creates employment at many levels.

    Also importantly, most crops are one year or less so that there is a quick turn over of resources.

    John Watson 2013 Senate

    Like

  45. Well Well & Consequences September 16, 2016 at 12:38 PM #

    Dumb government ministers do not listen to anything that makes sense, why should they listen to anyone more intelligent than them, when it’s easier to spite that person….by ignoring their intelligent suggestions….the mentality of goldfish.

    Like

  46. Well Well & Consequences September 16, 2016 at 12:45 PM #

    The “stoopid cartoons” when imaginative and can grab the attention of the intended audiences…keeps those audiences quite focused. Check out the views on your masterpiece.., Piece..lol

    Like

  47. David September 16, 2016 at 1:41 PM #

    Liquidation now seems only option

    Like

  48. Violet C Beckles September 16, 2016 at 4:34 PM #

    Meanwhile thousands of acres of the most fertile soil in Barbados growing bush and some of the grandest houses in the Caribbean rotted to the ground; more millions in unrecoverable losses. Just because the Parris/Thompson land-subdivision racket failed with Thompson’s death, another crooked lawyer ‘at the bottom of the ocean’ as the joke goes.

    Hanging is too good for these crooks. Anywhere else there would be justice, official or extra-judicial.
    Frustrated Businessman aka ‘Nation of Laws’ my ass. September 16, 2016 at 6:52 AM #@@@

    The land you think CLICO holds, has yet to be proven that they own it , we know if the land was owned and money owed the land may have been sold to payback the people CLICO crooked / Robbed .,
    The fact that we can not find “CLEAR TITLE” OF ANY LAND IN CLICO’s NAME,We will have to have a government to show the Public. High Court records were removed and moved away from on old court to the new high court. There seem to be no chain of custody when dealing in law and History to protect our Nations History,
    So once again the land is sitting for the DLP and before that the BLP Mia and Owen had all of the Estate land of Beatrice Henry and then Violet Beckles as they own money making land PIGGY BANK. So the high court and the Judicial Managers are covering up to the point the nations of Barbados World wide is getting a black eye, Now the people suffering and waiting to put people in place dealing with truth, We can see well where lies and fraud has taking us,
    Best to focus on CLEAR TITLE LAND then you all will see all things , The Event is coming, a correction is coming World Wide, Numbers, Dates, Names of Birth, Time Line, will not lie, We can not go back in time as we know it as yet , to remove over 185 years of History,

    Like

  49. millertheannunaki September 16, 2016 at 5:00 PM #

    @ Vincent Haynes September 16, 2016 at 11:52 AM
    “Of all the sectors, agriculture has the greatest potential. Why? The imports of food items into Barbados are extremely high and much of it can be reduced with a careful import replacement policy.
    There will be a tremendous saving of foreign exchange
    With careful expansion, exports will be developed
    Small lots farming which better for vegetable production is suitable for small businesses and only very modest capital is required.
    It also creates employment at many levels.
    Also importantly, most crops are one year or less so that there is a quick turn over of resources.
    John Watson 2013 Senate..”

    The goodly Senator along with the other naively idealistic bunch wishing and hoping for a miracle will be greatly disappointed.

    The optimistic benefits from a turnaround in agriculture and other indigenous micro business ventures will only come at a price Bajans have been afraid to bear for long time.

    A devaluation will certainly force them to do the inevitable and significantly adjust their import and sell mentality by stapling their gluttonous stomach of conspicuous consumption.

    A 4:1 adjustment will do nicely for starters, thank you.

    Like

  50. Piece Uh De Rock Yeah Right - INRI September 16, 2016 at 5:48 PM #

    For 250,000 Bajans to be tricked AT THE SAME TIME with this CLICO fiasco you need a man like Houdini

    or

    Like

  51. Violet C Beckles September 16, 2016 at 7:48 PM #

    Piece Uh De Rock Yeah Right – INRI September 16, 2016 at 5:48 PM #

    For 250,000 Bajans to be tricked AT THE SAME TIME with this CLICO fiasco you need a man like Houdini@@

    The People still have time to wake up, If they are fooled again then we know now , they deserve all they get, They also can be downgraded below the S&P and Moody’s as being the smartest in the Caribbean,
    The Island of Doctor Monro

    Like

  52. Bullpistle September 18, 2016 at 5:11 PM #

    Don’t forget that the Principals of the JM are in fact the Receiver Managers. Also note that the law firm of CGF represents the JM, the RMs, CLICO. The conflict of interest is staggering.
    One of the principals of the JM is a former CLICO employee while the JM also acted as its auditor in the past.

    There is more… But I’ll be leaving it for the movie!

    Like

  53. David September 18, 2016 at 5:16 PM #

    Is that why Jordan parted ways with Toppin?

    Like

  54. Bush Tera September 18, 2016 at 7:00 PM #

    @ Bullpistle
    Man yuh lie….!!!

    Can’t be…
    Not even in Brassbados.

    Like

  55. Bullpistle September 19, 2016 at 5:18 AM #

    Jordan moved to the company that did the audits during the best years for Parris n co.
    The central bank had warned CLICO that they were doing improper investments in real estate prior to the collapse.
    CLICO was so connected they even got a loan from the Enterprise growth fund!!

    I never checked who was the attorney that incorporated BIPA! Can you tell me David?

    Who left CGF and went to FirstCaribbean as their chief legal advisor and why?

    The JM were pushing liquidate…. Suddenly changed their minds…. Why?

    Where is the capital government promised?
    What is negligence in law?
    Is BIPA compromised? Why no action against Parris and Thornhill… No call by BIPA…
    Follow Fowler …. Maybe her HUSBAND… Small island….. Nuff stories….

    Like

  56. David September 19, 2016 at 12:16 PM #

    @Bullpistle

    You are delivering in parables Sir!

    Like

  57. abajanhowe September 19, 2016 at 10:46 PM #

    @David.

    You must learn to read between the lines Re. Bullpistle.

    Like

  58. David September 20, 2016 at 4:44 AM #

    @Bullpistle

    Still waiting for you to be a little more clear. Thanks

    Barbados Investors & Policyholders Alliance

    ATTENTION BAICO POLICYHOLDERS

    URGENT

    The Judicial Manager of British American Insurance Company (Barbados) Limited ("BAICO") — In Judicial Management has filed its final report with the High Court of Barbados and is now in the process of verifying policyholder contact information. If your name and/or policy number is included in the attached list, please visit the BAICO office located at the Corner of Collymore Rock and Britton’s Cross Road or call the office at 431-4400 to provide your current contact details.

    The list can be found by clicking this link. You can then ‘save’ if necessary.

    http://freepdfhosting.com/8b9250ad1e.pdf

    Like

  59. David September 20, 2016 at 4:51 AM #

    It s interesting to note the only politician BU recognizes on the list of British American policyholders is Jefferey Bostic. It is enough to go hmmmm.

    Like

  60. Bullpistle September 20, 2016 at 5:47 AM #

    Clear?

    Line 1: PWC were the auditors of CLICO during its last years. Negligence should be explored as a legal option against the auditors…. Did BIPA check the audited reports say from 2000 to 2009?
    Jordan, who as a principal of the JM should have checked the reports and moved against the auditors…. Moved to work for them. He previously worked for FirstCaribbean!

    Connect some dots yuhself David… Yuh getting lazy!!

    Like

  61. David September 20, 2016 at 5:54 AM #

    And the Chief Legal Advisor you refer to the late Freddy Clarke’s son?

    Like

  62. Bush Tea September 20, 2016 at 7:22 AM #

    @ David
    Perhaps Bullpistle does not realize that there is no need to speak ‘between the lines’ on BU. The information he has shared is public knowledge -unbelievable as it is…
    What is amazing is that so many people who have been robbed of their money are prepared to sit back and take such blatant dishonesty from KNOWN criminals in our society.

    The only explanation that seems feasible to the bushman, is that “a thief from a thief makes God LOL.” How else on this Earth, ….can so many people be treated like shit, – and simply sit back and wait to be flushed….?

    Like

  63. David September 20, 2016 at 8:05 AM #

    @Bush Tea

    The many suffering from the water problems and the few who marched supports your point.

    Like

  64. David September 20, 2016 at 8:27 AM #

    @Bush Tea

    Further some need to appreciate that BU requires 27/7 support. Lording over info does not help us.

    Like

  65. Bush Tea September 20, 2016 at 8:45 AM #

    The very fact that some BIPA insiders have not been using BU /Naked to expose the shiite speaks volumes to Bushie. Citizens sit down in various positions EVERY DAMN DAY and watch as others rob, steal, kill, and bribe ….. and we do NOT A SHIITE.
    Even anonymously …we are so lacking in self-respect that we refuse to STAND UP for what is right. It is almost as if Bajans no longer have a moral compass that guides their collective consciences….
    There is no future for such a society….and we are well ‘out to baller…’ (at the end of our rope…)

    Like

  66. Piece Uh De Rock Yeah Right - INRI September 21, 2016 at 5:35 PM #

    With Respect to Jamar Omar Scott

    My respect to the family of the recently deceased Jamar Scott.

    I comment on this matter with all respect to him and to you his family at this time of your loss.

    This Issue while it is not directly tied to the substantive point of CLICO speaks to a topic that Well Well and Consequences has been prosecuting for a while now per the CGI entity in particular and to the wider Insurance Group in general.

    Their practice is to collect premiums but to pay out nothing when the insured require that type of assistance.

    35 years ago an employee of Light & Power was injured during maintenance of their Spring Garden? plant

    I forget his name but he used to live up in Clapham, a humble gentleman, a giant among men, peaceable and polite.

    He suffered some serious burns from the incident and, due to the care of the BL&P principals, I am made to understand that his medical bills and recuperation were both handled by BL&P without skipping a heartbeat.

    These people at Purity Bakeries and Officials at Goddards Enterprises Limited mussee still investigating the circumstances surrounding the death of Jamar Omar Scott.

    Like the Royal Barbados Police Force is still investigating the 8 officers who beat Nazzim Blackett within an inch of his life.

    I wonder which of the 1100 minus 2 lawyers (Come Sing a Song and Jeff Cumberbatch are examining this and similar matters?

    Like

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