I have a problem with fellow CLICO policyholders

Time to join Barbados Investors and Policyholders Alliance (BIPA)

by J. Payne

I have a severe problem with fellow CLICO policyholders in Barbados. What are you waiting for? Are you aware that the Judicial Manager has not filed a defence against Parris’s claim for $10 million from CLICO? Are you aware that, in the absence of that defence, Parris has already applied for a judgement from the Court? What is the matter with you? Do you feel that by staying silent and doing nothing that all will sort itself out in end? Without direct action by CLICO policyholders, nothing will be done. Worried about victimisation? This is YOUR money! So haven’t you been victimised already?

I urge all policyholders and those who know policyholders to join those of us already members of the Barbados Investors and Policyholders Alliance (BIPA). We can and will take action to recover what is rightly ours, and nobody – not Parris, not the Judicial Manager, nor government will be allowed to conspire to keep us from a just end to this fiasco.

9 Comments

Filed under Barbados, Consumer Issues, Corruption, Crime & Law, Offshore Investments

9 responses to “I have a problem with fellow CLICO policyholders

  1. Wily Coyote

    DLP & BLP have everything under control, just a question as WHAT UNDER CONTROL means with respect to CLICO and BAIA.

    All real Barbadians trust their government !

  2. Anonymous

    I would like J. Payne to reproduce this comment in the Nation newspaper, The Advocate, Barbados Today and the Bajan Reporter. Spread the word and let us wake up the sleeping Policyholders.

  3. Anonymous

    I am peeved cver the way this whole matter has been handled both from CLICO’s point of view and that of the government or are those two the same? I am looking forward some solution in the not too distant future.

  4. Johnny Postle

    I really and truly believe that Policy Holders in Barbados would like to take necessary action against CLICO but are fearful because the use of victimization and other means of reprisal have been used effective deterrents. They know all too well the type of connections these big companies have with the public and private sector. Also many Barbadians know that the law does not really look after their interests but the interests
    of the elite. That these persons have the monetary resources to quell any possible punishments are all too familiar to all of us. And I do not think it matters rather we turn up in scores or hundreds. What needs to be done is for all policy holders to pool their resources and hire international lawyers to fight on their behalf.

  5. DJ

    I wonder if so much people didn’t seek to surrender their policies if clico would be in a better state. I am also curious of June Fowler…i wonder how large an investment she made..I know persons who have made sizable investments and aren’t on a witch hunt like flower and crew, i am also a policy holder and a young one at that, but like any wise investor knows you spread your investments around.

  6. rasta man

    @DJ; What difference does the amount of investment make. It is the principle that is important.As a young person you have a lot to learn.

  7. DJ

    @Rasta Man, are they helping the situation…? if the company is found to be insolvent then what? There are laws and procedures that are being followed, i find the noise unnecessary, if the older generation has no faith in the legal system then all hope for my generation is lost…

  8. Definitely not a Jackass (DNJ)

    @DJ what is to stop the same from happening @ Sagicor? What laws and procedures what. Parris was paid four cheques of $30,000 each in 2010 or you forgot that part from the same clico AFTER he left, while clico was writing policyholders telling them oh we have nothing for you, wait and see.

    What about the 800 policies they were told not to sell but continued to? What do you have to say about that DJ?

  9. Anonymous

    I have said it before & continue to say Leroy Parris should be in jail for fleecing policy holders. Nothing will happen, remember the present PM has said that he is his friend, and he is not going to do anything about it. all the auditing and investigation will come to naught. Tax payers will pick up the bill.