Caribbean New Media Group fires journalist Afra Raymond, stops his CL Financial, CLICO fraud coverage

Afra Raymond too effective, too insightful in his CL Financial, Clico stories

The Trinidad and Tobago state-run media company Caribbean New Media Group (CNMG) recently fired contract journalist and television host Afra Raymond without notice and without explanation – then backdated their faxed letter to him.

“Remember this folks: CL Financial – CLICO damage control by the involved governments and politicians is all about getting the public to foot the bill, while ensuring that the crooks keep their profits and Florida mansions and stay out of jail.

Afra Raymond stands in the way, so out he goes.”

Afra Raymond is a chartered surveyor, journalist and television host whose intensive and detailed coverage of the CL Financial – CLICO scandal has caused much embarrassment and fear to some very important persons, companies and organisations.

Worst of all, Mr. Raymond backs up everything he says with documentation and extensive research. He’s not just some guy spouting off: he’s a professional, a digger for information who thoroughly researches everything he does. He demands and sometimes receives damning information under the Freedom of Information laws – information that for some reason many journalists don’t notice or care to see.

Afra Raymond reveals it all and asks the questions that no one else dares to ask – questions others can’t ask with such authority and background evidence. Forbes picked up a couple of his articles and that says something.

Ken Ali

Ken Ali, CEO of the Caribbean New Media Group, couldn’t allow Afra Raymond to continue to cause trouble, so one of his first acts was to give Mr. Raymond the boot. Mr. Raymond tells the story of his firing in his latest blog article Termination of Services.

How telling and ironic that Afra Raymond’s firing came shortly after his October 24, 2010 television show: Current Affairs “State-Owned Entities: Taking Stock” (You must watch) with guests former Senator Martin Daly, former Energy Minister Conrad Enill and Richard Joseph of Trinidad and Tobago Transparency Institute.

Remember this folks: CL Financial – CLICO damage control by the involved governments and politicians is all about getting the public to foot the bill, while ensuring that the crooks keep their profits and Florida mansions.

Afra Raymond is a threat, so out he goes.

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14 Comments

Filed under Barbados, Caribbean Media, Corruption, Ethics, Freedom Of Information, Freedom Of The Press, News Media, Offshore Investments, Political Corruption, Politics, Politics & Corruption, Trinidad and Tobago

14 responses to “Caribbean New Media Group fires journalist Afra Raymond, stops his CL Financial, CLICO fraud coverage

  1. BA88/98

    Where would we be without the internet? We would know nothing about Afra Raymond’s work.

    Thank you Afra. Thank you Barbados Free Press.

  2. Mashup

    Billions of dollars are missing. Afra Raymond explained how insiders got out of CL Financial, Clico etc when they knew what was coming. He explained it in a clear way and showed the facts.

    You expect governments going to let him be?

  3. Teresa Craigg

    Did you follow the martha stewart story, remember she bailed out before the crash…this sounds similar (a martha stewart with a caribbean twist), but would those folks meet the same punishment as she did? No one should be above the law.

  4. RLL

    Don’t be vex Afra! This mek you higher profile & respect. Ken Ali will rue the day he lisen to the high ups and forget journalist integrity.

  5. CBC Censorship

    Leroy Parris is in charge of the CBC thanks to his friend David Thompson. Don’t expect CBC to cover the CLICO story.

  6. reality check

    Trinidad has just become another Banana Republic!

    Don’t be discouraged Afra.

    Hopefully BFP and other blogs will publish your stories.

    Maybe you could do a story on the real value underlying the assets and liabilities of the Barbados National Bank and advise who are the auditors?

  7. AfraRaymond

    Hello to you supportive people – I have an article on this to be published soon, so please follow-up on my blog http://www.afraraymond.com

  8. answer

    In March of 2003, Republic Bank Limited (RBL) was successful in its bid to acquire 57 per cent of the shares of Barbados National Bank Inc. (BNB) from the Government of Barbados. On Wednesday July 16, 2003 the signing of the Sale and Purchase Agreement took place between The Rt. Honourable Owen Arthur, Prime Minister of Barbados and Ronald F. deC. Harford, Chairman and Managing Director of Republic Bank. The transaction was completed on July 31st 2003.
    In September 2003, RBL acquired a further 7,807,561 ordinary shares increasing their share holding from 57% to 65.13%. The BNB is a subsidiary of The Republic Bank of Trinidad.

    http://www.republictt.com/1asp/company.asp?f=subsidiaries_chart

    It would be interesting to see what arrangments were made with the Government of Barbados and the Republic Bank of Trinidad for the BOLT loans, who put up the guarantees and what those guarantees might be actually valued at today?

    One might want to focus on the core values as set out in the Rebublic of Trinidads Bank website and ask how these values might apply to untendered contracts flowing thorough a subsidiaries various accounts?

  9. Brian Stone

    I knocked at heaven ‘s door this morning, God asked me.. My child! What can I do for you? And I said,
    Father, please protect and bless the person reading this message… “Whichever side of the aisle you are on, It’s God’s aisle” _ B. Stone

  10. Peltdownman

    I’ve heard that British American’s medical insurance cheques are bouncing – even for sums as little as $10.00. Can anyone confirm this?

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