Adrian Loveridge spent yesterday researching the government records of various companies. One of the most fascinating little pieces to surface was about the GEMS Hotels fiasco…
“A hand written memo from the Office of The Prime Minister dated 1st october 1998 asked the Registrar of CAIPO, what was the status of Hotels and Resorts Ltd. Is it a private or Government owned company?
Didn’t the Prime Minister know?
Especially as his friend David Shorey was a director and chairman and still is 9 years later and however many hundreds of millions of Dollars lost, later.”
Here’s Adrian’s comments about his research so far…
First of us my thanks to the very helpful people at the CAIPO office.
In the interests of transparency my receipt # was 366569 .
3S (Barbados), SRL
only two directors listed
Jonathan L. Danos
Lansdown Road Holland Park London W11 4PR
Ian R Fields
Friendship MD 20758 USA
Company listings in the USA show 3S Structural Steel Solutions Inc, as a company with 5 employees and an annual turnover of US$420,000.
The company registered in Barbados is a SRL (Society with restricted liabilities) and there is a fairly good description of what this means on www.escapeartist.com
Nothing else on the file indicates how a newly formed company with no previous experience in constructing flyovers or road widening actually got the job.
No contract with the Government seems to exist, simply a memorandum of understanding.
Someone will have to explain this, as I was under the impression that all Government work costing over BDS$100,000 must go out to tender.
OPERA Interactive (Barbados) Ltd
In the words of Joanne Nugent the local representative for this company, when questioned, stated categorically ‘Opera Interactive (Barbados) Ltd is a private limited company with no relationship to any overseas company’.
The CAIPO lists the directors of this company as:
of the same address in Wettenhall Cheshire CW7 4DL England
John A. PAYNE
Paynes Bay House
Sandy Lane Estate
Mr Corbett is the CEO/Chairman of Opera Telecom, the company the recently received a record fine of the Sterling value of BDS$1 million for phone competition rigging.
Up until last night on CBC TV 8 the Barbados Lucky Numbers ‘ads’ were appearing again and the contact number for claiming the prize of 1 800 534 2276 still gets ‘We are sorry the number you have reached in not in service’
I contacted Claude Graham at CBC and he has promised to investigate the situation.
No word yet from Minister Eastmond, Office of Fair Trading or the Office of Public Counsel.
Hardwood Housing Factory Inc.
Listed Directors are:
Douglas O. Skeete
Avenel W. Hinkson-Forde
Frank A. Murrell
Hutson M. Drakes
Anthony C. Hoyos
Hotels and Resorts Ltd
I need more time with this one. The file is enormous.
However, a couple of things stood out.
Some if not all, of the Debentures and Loans are recorded in this file and I find it amazing that a member of the opposition or other interested parties have not researched the file and reported to the people.
Secondly, a hand written memo from the Office of The Prime Minister dated 1st october 1998 asked the Registrar of CAIPO, what was the status of Hotels and Resorts Ltd. Is it a private or Government owned company?
Didn’t the Prime Minister know?
Especially as his friend David Shorey was a director and chairman and still is 9 years later and however many hundreds of millions of Dollars lost, later.
More to follow.