Entries Tagged as ‘Offshore Investments’

November 7, 2009

Who are the most influential Canadian Expats? Michael J Fox is #1, Wayne Gretzky #2… and OH MY!!!

The Canadian Expat Association’s list of “The most influential Canadian Expats” has just been published. Thanks to all BFP readers who sent us the story and to Google alerts too.
Here are the Top 5 Most Influential Canadian Expats as chosen by the Canadian Expat Association (website) and the public…
#1: Michael J. Fox (Actor, Back to [...]

October 30, 2009

Investor files international complaint – says Barbados government violated agreement with Canada, failed to protect Canadian investment in Barbados

“Barbados has consistently refused to enforce its domestic environmental laws and to abide by its international obligations…”
Barbados news media silent as Graeme Hall Nature Sanctuary owner alleges Government harmed wetlands & eco-tourist facility
The government and the news media in Barbados must be disconnected with reality to think that in the year 2009 they can hide [...]

October 15, 2009

Barbados Auditor General: Owen Arthur – Mia Mottley Government stole land and profits from the people of Barbados

“On two occasions, lands for which the infrastructural development was funded by the Corporation were placed under the control of private developers for allocation to potential buyers. There was no clear benefit for the Corporation from this course of action. With applications in excess of 24,000, there was no benefit in allowing private developers to [...]

October 15, 2009

United States IRS to expand Barbados office and others. Looking out for American tax cheats

Welcome to the new world where Barbados is forced to allow increased numbers of American IRS tax investigators to work and investigate freely on our island.
Just because the US says so.
Our government can’t say “no” because you know what would happen.
Well, that’s what President Obama promised he would do if elected, and he’s done [...]

October 14, 2009

Moody’s downgrades Barbados bond rating to brink of junk (This doesn’t sound good to us)

How much did that Cricket Party cost us?

Was it half a billion or a billion? I’ve forgotten, and I’ve forgotten what fun it was too!
Barbados Gets A Downgrade
Barbados may have gotten a high quality of living stamp but its bond rating was yesterday downgraded to the brink of junk.
Moody`s Investors Service on Tuesday lowered [...]

October 2, 2009

Is this the next Private Beach in Barbados?

Barbados news media fails to give date, time of upcoming public meeting
The largest hotel resort ever seen on this island is coming, but no detailed plans, standards or environmental studies are being made available for inspection by Barbados citizens.
Apparently there will be some sort of perfunctory meeting next week where the environmental assessment might be [...]

October 1, 2009

C.L. Financial’s assets vanished into thin air – $100.7 billion down to $23.9 billion

“Given accounting conventions as to intervening events and their reporting, it is startling, to say the least, that this balance sheet should have declined to $24Bn just 12 months and 13 days after their reporting date. Only 56 days after publication.  This is an aspect of the fiasco which has not been discussed in public, [...]

September 29, 2009

CLICO sold to CGI – Skeletons will be pulled out of the closet and buried deep

Consumers Guarantee Insurance Limited of Barbados is approved to purchase the assets of CLICO.
The secretive committee formed by Barbados Prime Minister David Thompson to keep CLICO skeletons in the closet worked swiftly to sell the remaining assets before the public realises that the fiasco was caused by three factors: mismanagement, fraud and a lack of [...]

September 28, 2009

Texas Billionaire Crook Sir Allen Stanford hospitalised after jailhouse attack. Can we get a deal on his yacht?

As of Sunday night, SIR Allen Stanford is still in hospital after taking a thumping last Thursday in a jail about 40 miles north of Houston Texas. His injuries are reported minor and there is no word why he’s still in hospital.
Would an ordinary crook still be in hospital for “minor” injuries after a fight [...]

September 28, 2009

Barbados Government & media focus on trees, coral and beaches. Wetlands are a forbidden topic.

“Wetlands” a banned topic in Barbados Media & Politics

Our newspapers, television and radio media are never lacking in articles and reminders about the importance of our natural environment. If there’s not a story in the Nation about cleaning up the gullies, there will be a piece in the Barbados Advocate about the bleaching of coral [...]

September 26, 2009

Andrew Breitbart’s Big Government.com links to Barbados Free Press over ACORN Scandal

The website that broke the ACORN prostitution scandal, Big Government.com, currently features a front page link to a Barbados Free Press story – and our hit meter is starting to go wild.
Drudge Report editor, Washington Times journalist and Fox News commentator Andrew Breitbart is behind the high-traffic and high-profile websites Breitbart.com, Breitbart.tv, Big Hollywood [...]

September 25, 2009

The Barbados Chamber of Commerce & Industry – Franchising Presentation with Regional Expert Mario Sabga-Aboud: Wednesday September 30th

Franchising – A Catalyst for Economic Development
There are strong and opposing views in the Barbadian business community over the granting of a licence to open a franchise of the American fast food chain Subway in Barbados. Some members of the business community object to Subway setting up shop citing the threat of job security during [...]

September 24, 2009

Report: Leroy Parris ‘may retire’ from CLICO. Question: Would they dare fire him?

CBC says it hears “reports” that the Chairman of CLICO Holdings will be retiring before the year end and that he made his intentions known to the board last Monday.
That is the story from CBC where last time we heard, Parris was still in charge. CBC says that Parris couldn’t be reached for comment – [...]

September 23, 2009

Idiocy! Government Minister Hutson says “Look to Latinos”, but Barbados Tourism Authority failed to establish Spanish, Portuguese language websites despite 10 years of begging by hotel owners

Those leaders who can… do. The rest of the politicians and tourism officials talk, talk, talk and then do nothing.
Minister of International Business and International Transport George Hutson gave a press conference last Sunday where he mused about the possibilities of targeting South American markets to fill the tourism void during the “off” season – [...]

September 22, 2009

Conflicts of Interest and Sinister Secrecy Continue in CLICO Scandal

Barbados Insurance Industry executives finally sound public alarm about Prime Minister Thompson’s friendship with Leroy Parris
The Prime Minister of Barbados has a long-standing conflict of interest between his duty to the public and his close friendship with CLICO Barbados executive Leroy Parris. Mr. Thompson has addressed the conflict essentially by saying that Parris is [...]

September 21, 2009

There’s nothing like an exposed septic tank on the beach to impress the tourists!

Has Environment Minister Denis Lowe seen the exposed septic tank?
If Barbados’ Minister of the Environment hasn’t seen this, we’d have to ask “Why not?”
If he has seen it, we’d have to ask “Why hasn’t he done anything about it?”
Our friends over at Mullins Bay Blog have the story: Owner hits the Internet to clear up [...]

September 15, 2009

Caribbean Sea Island Cotton brand to be killed by Barbados… as if a name change will solve anything

First, some background
Times are tough and now Barbados finds the cupboard is bare thanks to 15 years of BLP “spend all we got and more” policies. Where to start when talking about the legacy of Owen Arthur and Mia Mottley? The Hotels and Resorts scandal? Hardwood Holdings? Greenland dump? A failed water distribution system? Queen [...]

September 14, 2009

What did Robert Hoffman know about Sir Allen Stanford’s crimes, and when did he know it?

Journalist started Antigua Sun newspaper for Crooked Sir Allen
Here is a book I’d love to read – because I want to know if author Robert Hoffman comes clean about how he personally started up Sir Allen’s Antigua Sun newspaper that was used to bait the trap for the suckers who trusted Stanford with their [...]

August 25, 2009

Typical Barbados Justice System Follies: Another Police File “Missing” at Director of Public Prosecutions Office

In a real Justice System all the alarm bells and sirens go off when a police file goes missing in a high-profile case.
In Barbados, its only another day of at the office.
Welcome to the Justice System of Barbados…
This is a country where a twelve year old girl is raped and it doesn’t come to court [...]

August 24, 2009

Barbados Police Allow Thieves To Take Home Stolen Fish – No Charges

GRAEME HALL NATURE SANCTUARY, INC.
FOR IMMEDIATE RELEASE
Bridgetown, Barbados
MONDAY, August 24, 2009
Email Contact:               news@graemehall.com
Archives and Art:          www.graemehall.com/reference.htm
Poachers Caught and Released by Police
On Saturday, August 15, 2009, a group of about 15 fisherman were found in the Graeme Hall Nature Sanctuary fishing illegally for its rare tarpon, the largest and most popular exhibit fish in the Graeme [...]

August 20, 2009

Taking Denis Lowe’s Cruise? Ask the Environment Minister about Mullins Bay.

Minister Lowe’s Cruise Vessel Usually Turns At Mullins Bay!

When we last heard from our friends at Mullins Bay Blog, Environment Minister Denis Lowe hadn’t shown his face at the site of the infamous 3 groynes that are destroying beaches in the area. The issue is that well-connected and well-financed developers were given permission by government [...]

August 19, 2009

Barbados Police Again Fail To Uphold Law At Graeme Hall Nature Sanctuary & RAMSAR Protected Wetlands

Barbados Deliberately Neglects Enforcement of Wildlife Laws on RAMSAR Treaty Protected Wetlands
On Saturday August 15, Graeme Hall Nature Sanctuary personnel reported at least 15 people boldly fishing in broad daylight from the Graeme Hall Nature Sanctuary boardwalk.
The Royal Barbados Police Force were called but as usual they didn’t respond for hours. I guess the [...]

August 17, 2009

Royal Westmoreland’s Pure Leisure Group Accused of Unethical Behaviour By U.K. Town Council

A Community Is Lied To By John Morphet’s Pure Leisure Group
1/ In 2007, Pure Leisure Group purchased land in Ulverston, U.K. – presumably to develop into one of their famous holiday caravan parks or resorts. Later that year the industrial building on the site was gutted by a fire.
2/ Pure Leisure Group failed to properly [...]

August 14, 2009

Will Canadian Philanthropist Peter Allard Take Over Failing Barbados Tourist Attraction Ocean Park?

“We have run out of funds needed to push forward to a sustainable position.”
… Ocean Park manager Tracy Johnson
Ocean Park Aquarium Shutting Down August 30, 2009
The Barbados marine exhibition known as Ocean Park has been dying a slow death and bleeding investors since shortly after it opened in 2005. Everyone had hopes that the tourist [...]

August 10, 2009

Barbados Government On Integrity Legislation: “Not until we’ve pigged out at the public trough for a few more years”

We Told You So…
At the last moment in the 2007 election campaign, David Thompson and the DLP were dragged kicking and screaming into announcing they would introduce Integrity Legislation and Freedom of Information laws within 100 days of taking office in January, 2008 – and also “immediately” declare a Ministerial Code with conflict of interest [...]

August 8, 2009

Nation Newspaper CLICO Advertisement – “Why do I save? 3 Reasons!”

My 3 CLICO Reasons for saving…
1/ I used to have savings, but then I invested with a CLICO investment fund and now I have nothing.
2/ CLICO gave millions to Barbadian and Caribbean political parties so they could act without oversight or accountability. Now those politicians are bailing out CLICO and protecting CLICO executives.
3/ CLICO used [...]

August 4, 2009

Barbados High Court Justice, Supermodel Jodie Kidd’s Father Both Caught Breaking Law – Corporate Records Funny Business Surfaces During Land Fraud Trial

Actions of Barbados High Court Justice Elneth Kentish & Businessman Johnny Kidd Are What President Obama Warned About!
The Obama Administration is on the offensive against offshore banking jurisdictions like Barbados – in part because Barbados often allows corporations to play fast and wild with the few laws we do have about records keeping and accountability.
Most [...]

August 2, 2009

Lesson for Barbados – Mexican Hotel Builds Groyne To Steal Beach Sand: Government Sends In Navy, Police, Environmental Enforcement Agents!

Unlike Barbados, the Government of Mexico is obviously serious about protecting fragile coastline and beaches from corporations and developers that think they can do whatever they want to enhance their own beachfront at the expense of the environment and others people’s property and enjoyment.
“…some property owners build breakwaters in a bid to retain sand. The [...]

August 2, 2009

New Barbados Senator Is Proof Of Ongoing CLICO DLP Incest

Does CLICO still own the David Thompson government?
One thing you have to admire about Prime Minister David Thompson – he never forgets his friends. Thompson has not forgotten all those long years when CLICO and CEO Leroy Parris supported the losing DLP Democratic Labour Party with campaign donations and supported David Thompson personality by handing [...]

July 27, 2009

Mottley Barbados Labour Party Demands Answers About CLICO & Sam Lord’s – Too Bad The BLP Weren’t So Committed To Transparency When They Formed The Government!

Mia Mottley and her band of deposed, dethroned and defeated government despots make for just about the poorest quality official opposition that Barbados has suffered under in many a year.
The trouble with the BLP and Mottley as Her Majesty’s Loyal Opposition is, of course, that the defeated BLP Arthur/Mottley government is generally acknowledged to have [...]

July 23, 2009

EU European Union Gives Millions To Barbados In Foreign Aid… Barbados Citizens Not Allowed To Ask For Spending Details

Thanks To Europe For The $28 Million Spare Change!
Hey… What Happened To The Last $10 Million EU Sugar Grant?
We can’t find anything in the local papers about yesterday’s occasion of Barbados receiving another EU handout – this one for Bds$28 million.The Barbados Government Information Service published the story Barbados Signs Agreement With EU, and [...]

July 14, 2009

How CLICO Barbados Supported Trinidad Politicians With Your Barbados Tax Dollars & Insurance Premiums

How Can Prime Minister David Thompson Justify This Abuse By Leroy Parris & CLICO Barbados?
In the corrupt convoluted mess that is the story of CL Financial and CLICO Barbados, there is one fact that stands clear: CLICO Barbados would have done just fine weathering the financial storms if only CEO Leroy Parris and the other [...]

July 13, 2009

Barbados Flyover Builder Jonathan Danos Posts Photos On flickr – But Not A Word About His Involvement In Corrupt Activities With Mabey & Johnson

Jonathan Danos Participated In Corruption for Years – According To Jonathan Danos!
As Mr. Danos no doubt would agree, once the manure hits the fan it is difficult to avoid getting some on you.
And Jonathan Danos is now covered in manure after the admission last week by his old employer, Mabey & Johnson, that the firm [...]

June 27, 2009

Barbados Supervisor Of Insurance Announces $2,500 Voluntary Fine For Infractions… That Should Stop Multi-Million Dollar Insurance Frauds Like CLICO!

Carlos Belgrave, Former Chicken Feed Manager, Sets The Standard For Barbados Insurance Industry
The recent collapse of the CLICO insurance company exposed the fact that successive Barbados governments have allowed insurance companies and offshore corporations to pretty much do as they please so long as those political campaign donations, kickbacks and business jet rides keep rolling [...]

June 26, 2009

Barbados Government Steals 2/3 Of Parkland For Developer Friends – Graeme Hall Environmental Disaster Continues

After being elected in January, 2008 one of the first acts of the David Thompson DLP Government was to change the law protecting 265 acres of parkland at Graeme Hall to allow developer friends to profit from these public lands. To make this happen, David Thompson and the DLP Members of Parliament had to set [...]

June 19, 2009

FBI Arrests Sir Allen Stanford, Antigua Government Official & Others For US$7 Billion Fraud, Money Laundering. Striking Similarities With Barbados CLICO Fraud

“…Stanford and his co-defendants engaged in a scheme to defraud investors who purchased approximately seven billion dollars in certificates of deposit, cds, and administered by Stanford International Bank Limited, an offshore bank controlled by Stanford and located in the island of Antigua. According to the indictment, Stanford and his co-defendants allegedly misused and misappropriated [...]

June 12, 2009

Is Rihanna About To Do Something Stupid? Rihanna & Chris Brown Attend Orlando NBA Game – Separately

We Hope Rihanna Isn’t Getting Stupes Again!
People Magazine reported yesterday (Thursday) morning that Rihanna and Chris Brown would be sitting together last night at Game 4 of the NBA Finals in Orlando. When game time arrived sure enough they were both there – but sitting far apart.
How unusual that both should end up at the [...]