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 CLICO’s legal work to Thompson’s law firm.
Yes sir – you can admire loyalty to friends.
The problem starts when the friends are now the Barbados government that dispenses your tax dollars to CLICO without transparency or rules about conflicts of interest. Then the friends arrange to place CLICO alumni in strategic positions throughout the government to assist the interests of this “band of brothers”.
Yup, there is far more to Friday’s appointment of CLICOite Jepter Ince as a new Barbados senator than simply tossing out a perk to an old friend. For Leroy Parris, David Thompson and the CLICO band of brothers, it is about the continued implementation of the strategy to protect their past business dealings from real scrutiny by the public and burned shareholders.
Senator Ince’s Qualifications?
Qualifications? Hell – he should be under investigation for the CLICO Fund debacle!
For a start, when Jepter Ince was working for CLICO and advising Barbadians to borrow from Clico Mortgage & Finance Corporation to invest in the Clico Balanced Fund, he and CLICO failed to tell folks that some of the so-called “investments” were into the less than solid “investments” of other CL Financial Group companies. “Investments” like way over-priced Florida swamp land real estate where it is now alleged that senior CL Financial people took millions in kickbacks while Mr. Ince’s clients got screwed.
See BFP’s articles…
See Keltruth’s articles about the oh-so-close relationship between Clico and Prime Minister David Thompson…
We should be having a public inquiry where Mr. Ince would have to answer questions about his actions, the actions of the companies he worked for and the actions of the other senior CLICO allumni who worked with him.
But that isn’t going to happen, friends.
The fix is in.
Say hello to your new Barbados Senator Jepter Ince…
Ince is new Senator
8/1/2009 – Barbados Advocate
BARBADOS has a new Senator. He is financial consultant, Jepter Ince, who was sworn in yesterday in a brief ceremony at Government House.
Speaking with the Barbados Advocate just after the occasion, the new Democratic Labour Party Senator said that his appointment came about after he was recommended by the Prime Minister, David Thompson and his appointment was approved by Cabinet. He replaces former Senator Derek Alleyne, who is the new Director at the Urban Development Commission.
Senator Ince said that he was looking forward to engaging in debates in the Senate and making a positive contribution to the social and economical landscape of the island.
He is also looking forward to strengthening those institutions, which have been the benchmark of the moral fabric that has enabled Barbados to maintain its political stability from independence to the present day.
The Senator stated that he will not be concentrating on any specific area, rather he will support whatever Government was working on and do whatever he can to bring these plans to fruition. He expressed his gratitude at being appointed senator and vowed to do his best to support the Government and people of Barbados.
Clerk of Parliament, Pedro Eastmond, said that Ince would most likely officially start his duties in the senate on August 12th.
… from the Barbados Advocate article: Ince is new Senator