UPDATED: March 11, 2011
Leroy Parris suing CLICO (and by extension, all CLICO victims)
Earned $80,000 MONTHLY, with ANNUAL BONUS & HIDDEN FEE!!!
Guaranteed $10 MILLION GRATUITY!
Former PM David Thompson signed 2005 SECRET CONTRACT – kept it secret from the Oversight Committee he later appointed as Prime Minister!
Oh what a foul bucket of suck-well this is. Leroy Parris billed CLICO for “consulting services” through an “independent” company and kept that contract secret from shareholders and other company employees. He collected millions while presiding over the destruction of people’s savings and lives. Leroy Parris and his gang destroyed widows’ houses and robbed children of their future while Parris made more in a month than most folks see in many years of hard labour. And Leroy Parris knew it was all a sham, a house of cards that he helped to construct.
People go to jail for less in other countries.
But this is Barbados. David Thompson, the same lawyer who helped set up the CLICO employment contract in 2005, received secret “campaign donations” from CLICO and Parris. After Thompson was elected Prime Minister, CLICO got land use approvals and Thompson had the use of the Clico executive jet.
Then when the CLICO – CL Financial house of cards came tumbling down, Thompson fought off judicial management of the company, appointed some toothless “Oversight Committee” without real authority or power to do anything, and gave Parris a nice job in charge of the Caribbean Broadcasting Company – managing what news the public heard about the CLICO debacle.
Prime Minister David Thompson knew about the secret agreement because he witnessed and signed it. He probably set it up as Leroy’s lawyer. Then years later when the “Oversight Committee” that Thompson appointed couldn’t find any contracts with Parris, Thompson stayed silent to protect his friend and himself.
Oh what a bucket of SHITE and it’s spilling everywhere…
BFP readers are asked to click on the links in our story to read the article Parris suing CLICO at The Nation, but we’re going to reprint their entire article here to protect our source as The Nation sometimes removes articles to change history and we can’t have that!
Parris suing CLICO
From The Nation March 11, 2011 – 12:10am
LEROY PARRIS, former executive chairman of CLICO Holdings (Barbados), earned over $80 000 in salary and perks monthly and was guaranteed a whopping $10 million in gratuity by the company.
In addition to a $30 000 monthly salary, he was also paid $300 000 a year as a bonus payment and another $300 000 yearly for providing management services. Continue reading