Prime Minister Owen Arthur “invested” YOUR money in Nigeria. A predictable result.

Millions stolen with not one solar water heater made

by RLL

The short story: In 2006, your BLP Owen Arthur government “invested” $2.4 million dollars into a Nigerian solar water heater project. The Nigerian factory was never finished, not one water heater was made and your money is gone.

Question #1: Nigeria? What was Arthur thinking?

Question #2: For all the BLP “joint business ventures”, name one that was truly successful as a business.

There is the BLP hype about Owen Arthur being a brilliant economist, and then there is the reality. Owen Arthur borrowed 2.4 million dollars in your name, loaned it threw it away in Nigeria on a project that any drunk (except our drunk) knew would fail – and now you and your children have to pay.

Not one job was created in Barbados or Nigeria, and your money is not only gone – it is untraceably gone. There was no accountability built into the project to ensure that the money “invested” on behalf of Barbados taxpayers was used as intended.

Your government “invested” $2.4 million dollars of your money in Nigeria, one of the most corrupt countries in the world. What did they think would happen?

Who took the money?

Nigeria. Joint business venture with our tax dollars. Everybody knew what was going to happen.

Owen Arthur is truly an idiot… or… did he or anyone else in government have a piece of the action as a shareholder, supplier or consultant?

Somebody in your government probably made a quick five or ten percent on your lost $2.4 million.

Without transparency and accountability laws, we’ll never know. In any event, conflicts of interest like that are not illegal in Barbados. Your government officials are free to take kickbacks consultancy and supplier positions with companies that benefit from government grants, loans and contracts.

Compared to some of the past hits, the Nigerian solar water heater scam was a relatively small loss, but it perfectly illustrates why our country is on a downward slope without integrity, transparency and accountability laws. Once in power, the politician piggies have a field day and there is nothing that can be done.

Further Reading

You should read the news article at Barbados Today: Water heater write-off, but we’ll reprint the entire article here because the Bajan news media often removes or modifies news stories to change history and the BT gang did that when they worked at The Nation.

Gov’t loses $2.4 million in failed solar power project.

by Shawn Cumberbatch, Barbados Today

Government has lost almost $2.5 million on a Barbados/Nigeria solar venture that was launched with great fanfare and promise, but ended up being “a terrible failure”.

Barbados TODAY investigations revealed that the Freundel Stuart Administration decided to cut its losses worth more than $2.4 million, loaned to local company Aqua Sol Components Limited five years ago.

This was after the company teamed up with Barbadian interests and partners in the African nation to establish a solar water heating plant there.

Well-informed sources said Aqua Sol, which was recently renamed Solaris Global Energy Limited after being acquired by Solaris Energy Limited, a subsidiary of Mora Ven Holdings Limited, had found it difficult to repay the funds after the venture failed.

The money was borrowed from the Industrial, Investment and Employment Fund operated by the Enterprise Growth Fund Limited, and officials revealed that the Ministry of Finance, Investment, Telecommunications and Energy had agreed to write off the amount owed by Aqua Sol.

This, they said, was except for $150,000, which the said company had previously owed “another financial institution”. In so doing EGFL was able to reversed this substantial amount in loan losses.

Efforts to reach EGFL CEO Timothy Simmons up to time of writing were unsuccessful, but another official, speaking anonymously because he was not authorised to speak on the matter, told Barbados TODAY a write-off of the loan was the best option in the circumstances because it was clear the institution would be unable to recover the substantial loan.

“The joint venture between Aqua Sol, other Barbadian investors and their Nigerian counterparts was an utter failure, so it stands to reason that there would have been some type of write-off of the investment,” the official noted.

“Aqua Sol was in a joint venture arrangement with a Nigerian company to manufacture and develop solar water heating units in Nigeria. That venture was a terrible failure, which did not materialise in the way expected for several reasons.”

“Subsequent to that fiasco, Aqua Sol has entered this new arrangement with a Trinidad company, but I doubt that arrangement will see it venturing into Nigeria anytime soon,” the official added.

The provisions under which EGFL operates gives it the leeway to write-off loans under certain conditions, this newspaper was informed.

“The fund writes off a loan/security balance, and any related allowances for impairment, when it determines that the loans/securities are uncollectable,” the specific policy stated.

“This determination is reached after considering information such as the occurrence of significant changes in the borrower’s/issuer’s financial position such that the borrower/issuer can no longer pay the obligation, or that proceeds from collateral will not be sufficient to pay back the entire exposure,” it added.

It was in late May 2006 when the announcement came that a consortium of Barbadian investors led by CEO of then named Aqua Sol, Vincent McClean, announced they would be partnering with public and private sector interests in Akwa Ibom, Nigeria to establish a $4.2 million solar water heating plant.

The expectation then was that by September of that year much of the structural work at the plant, to be run by a company called Akwa Sol Nigeria Limited would have been finished.

Plans at the time were for the production of 10,000 solar water heating units per year, but the venture soon ran into major difficulty, primarily of a financial nature. The fund from which the money now written-off was borrowed was “created to encourage development within the manufacturing sector, through the provision of concessionary financing to facilitate retooling and expansion of the industrial base”. It was started with an injection of $25 million in 2002.

At the end of last year the Industrial, Investment and Employment Fund had total assets of $8.2 million and total liabilities of more than $108,000.

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31 Comments

Filed under Barbados, Corruption, Energy, Freedom Of Information, Nigeria

31 responses to “Prime Minister Owen Arthur “invested” YOUR money in Nigeria. A predictable result.

  1. Ooga Booga

    Secret copy of the first business and loan agreement between Barbados and the Nigerian water heater project:

    “Dear Prime Minister Arthur,

    I know this business proposal out of the blue may come as a shock, but I got your name from a highly recommended source who says you can be trusted. I am the Minister of Finance for Nigeria and one of my trusted officials has discovered that a rich widow died without a will. We can share this money through a little known Nigerian law that allows water heater factories to benefit from unclaimed fortunes…”

    🙂 LOL!

  2. Green Monkey

    I am the Minister of Finance for Nigeria and one of my trusted officials has discovered that a rich widow died without a will.We can share this money through a little known Nigerian law that allows water heater factories to benefit from unclaimed fortunes…”

    and the letter continues….

    The only minor holdup preventing our access to these funds so that we can start saving the environment and reducing Nigeria’s carbon footprint by building solar water heaters is that legal fees and a processing fee to the Nigerian government amounting to the sum of $2.4 million will have to be paid in order to access the lady’s unclaimed inheritance.

    An astute and knowledgeable PM and Minister of Finance like yourself will surely be aware that a unique and profitable opportunity like this happens only once in a lifetime. Time is off the essence in taking advantage of my generous invitation to you to participate in this profit making venture. Please send $2.4 million dollars, preferably by cheque made out to cash, as soon as possible, in order that we can pay all necessary fees and obtain the deceased widow’s funds currently being held in trust for reinvestment into a profitable enterprise building solar water heaters.

    Looking forward to hearing from you shortly….etc.

  3. Carson C. Cadogan

    Here in Barbados another man had a brilliant idea for cutting down an Ackee tree.
    Pay him $10,00.00 and he would rid the countery of the offending Ackee tree once and for all. But he needed an upfront deposit of $10,00.00.

    He got his upfront deposit from Owen, trimmed a couple branches and he disappeared, MCW had to go and finish cut down the other 99% of the Ackee tree.

    Taxpayers had to pay twice to get thatAckee tree cut dowm.

  4. WTF

    Green monkey don’t forget that Arthur visited Nigeria didn’t he? I think I saw he was going to go but I can’t remember seeing if he went. I echo BFP WHAT THE #$@# WAS HE THINKING? !!!!

  5. Crossroads

    I’m trying to think of a government – private sector joint business that has been successful and I can’t think of any. The only ones I can think of were devastating failures like Hotels and Resorts and Caribbean Cotton or whatever it was called. We lost hundreds and hundreds of millions. BFP is right, this was only a little loss if you call 2.4 million a “little”.

  6. rasta man

    Am disappointed if Vincent McClean was involved personally in the scam

  7. What next

    This Nigerian solar water jackassery alone should guarantee the permanent retirement of OSA from the political stage. My 3 year old KNOWS about the FRAUD and theiving which defines Nigeria. In fact FRAUD is the only thing Nigeria is known for since the beginning of time. How then could the messiah economist even think of sending Barbadian tax payers money to the Nigerian bottomless pit.

    Shame on you OSA now we are saddled with two more economists comedians who trying to fool we, Mascall and Avenish Persaud.

  8. Softly comes the storm

    Why did Canada Steamship Lines pull out of Barbados? The owner is Paul Martin (Marten?) the former PM and finance minister of Canada. What did the company see that made them leave? Was the government given any notice? Did the government have a chance to make a proposal or compromise or deal with CSL? The company has been here forever and was an early leader in getting other Canadian investors and subbranches to Barbados. When Canada Steamship Lines left it should have been a big news story but it was gone in a day and never discussed by anyone.

    Can anyone tell me what happened with CSL leaving Barbados?

  9. John

    “One particularly acrimonious case saw CSL dragged before the High Court of Australia after it acquired an Australian vessel, fired its unionized domestic crew, reflagged the ship in Barbados, and hired a crew of lower-paid Ukrainians. Throughout, the company defended the practice of foreign flagging as necessary to remaining competitive in the international industry.”

    http://www.canada.com/national/features/transition/story.html?id=a633dcfc-e7ad-44b1-ac59-7eb514eae945

    This is old news but interesting nonetheless.

    The article gives a list of companies.

    I looked in CAIPO to see if I could find some of the companies tagged as Barbados in the article.

    HULL 2227 SHIPPING INC.
    HULL 2227 SHIPPING INC.
    HULL 2227 SHIPPING INC.
    HULL 2229 SHIPPING INC

    Found these … they look like a repetition …. but the dates of incorporation are different.

    Weird!

  10. Sunshine Sunny Shine

    All de tauk dat ya tauking, no fraud gine stop we from going wid Owing (oops Owen)
    Owen is the boss…The economic boss
    De DLP will loss…Dem at a lost
    Owing gee we money….nuff nuff money
    Bcause he got plenty…Plenty from we treasury
    Wuh loss Wuh loss Wuh loss…Owing is we boss

  11. NHC/PCW/KEL

    @ Crossroads
    September 24, 2011 at 12:39 pm

    “I’m trying to think of a government – private sector joint business that has been successful and I can’t think of any.”

    Check out the joint venture between NHC and Pinelands Creative Workshop for the development of Kingsland lands at Lower Burney.

  12. NHC/PCW/KEL

    P.S. OSA crew again!

  13. just want to know

    BFP whatever Owen administration spent on these projects I am sure cannot outplay what has to be spent on CLICO. I think that is what we should be discussing at this point in time, over $400 million, and the peoples investment that David Thompson knew about, cannot be accounted for. I just hope $ trust The Forensic Auditing will be done, and some heads will be rolled.

  14. BFP

    Hi just want to know,

    Theft, negligence, corruption and incompetence are bad in public service whether one dollar, two million in Nigeria or four hundred million loss in Clico or a billion dollar loss in Hotels and Resorts.

    As to the Forensic auditing, you are joking, right? Never going to happen. We’re still waiting for the promised forensic auditing of Hotels and Resorts!

    There will be no forensic audit of Clico and no one will go to jail. You read it here first and we’ve never been wrong in almost 7 years when we say that no one goes to jail for corruption in Barbados. Never happen. Not with Clico, not with hotels and Resorts, not with Nigerian water heaters.

  15. Is He Forgetting To Take His Medication Again?

    Alzheimer’s disease is a progressive, degenerative disorder that attacks the brain and results in disorientation, with impaired memory, thinking, and judgement. It is said that people with Alzheimers also undergo changes in their behavior. So that would explain it!

    It is also said that this combination of symptoms is also called dementia.” The “Austin Diagnostic Clinic” website – asked the following question and gave the answer: ‘Does having diabetes put you at greater risk for Alzheimer’s disease?’ The answer: ‘Several research studies over the past decade are showing a link between the two diseases. For some scientists the link is so strong that they believe Alzheimer’s may actually be a type of diabetes.’

    If Barbados had a Prime Minister that fits this profile that would indeed, be a horrible thing? What if he were to forget and put one million dollars in his personal Bank Account? What if – while serving as Minister of Finance – he were to give a Trinidadian contractor, say – twenty-five million (one time) to build a building – not remembering that payments can only be made in law, based on scope of work or actual work completed? What if he were to forget that the biggest con-artists in the world are said to be from Nigeria and he were to pay a company there $2.4 million to enter a joint-venture to manufacture solar water heaters? What if he were to meet with the principals of a company, at say – the Pegasus hotel in Guyana and did not remember that such is unethical, especially if that company is seeking a contact under his Ministry?

    It was made public in 2007, that Owen Arthur did not remember that he put over $75,000 intended for the BLP as campaign financing, into his personal bank account. But everyone is entitles to make a mistake. It is the frequency of those mistakes that should cause people to take serious notice. It may only be a coincidence but local newspapers reported last year following the BLP’s Annual Conference, that Owen Arthur told those gathered that the BLP and the country need Mia Mottley and yet, the same party, which he leads, recently altered its Standing Orders to keep her from obtaining the office of Party Chairman, yet not a word from him.

    Owen Arthur could not remember during the recent budget debate, that he actually chaired the meetings of Cabinet on the very days that the matter of VECO was discussed. He said he wished he was there. But when told by both Minister Sinckler and the Prime Minister – ‘no Owen, you were there,’ he then said that he said something else. When pressed again, he again said something completely different and also said that he never said what he said on the two previous occasions the entire country heard him say it.

    He now thinks that there can be no Barbados without him and that only he can lead Barbados and the BLP. Owen Arthur does not realise that if Christopher Sinckler is already the Minister of Finance – in what is the second worst recession ever – that Sinckler (at the next general election) will have more experience than him, dealing with a situation he (Owen) has never deal with.

    The world has change and will continue to change but Owen Arthur does not know or remember that. Owen Arthur curse Mara Thompson but he does not remember that. He called a media conference to cuss Mia Mottley but he did not remember that Parliament was being held that very morning. For close to three years he forgot that he had to go to Parliament on Tuesdays. He said there is a clamour for him but voted for himself. He told the country that VECO was bad for Barbados but signed a “Letter of Comfort” for them to build the same prison he told the country he never had anything to do with. If he wanted nothing to do with VECO, then why did he give it a multi-million dollar contract to build an oil storage facility?

    I do not know if Owen Arthur still drinks heavy; cuss and threatens people! What I do know is that Owen Arthur forgot to pay for the building at Warrens and that mistake will now cost the country close to $90 million. I am not a doctor but the dictionary states that “dementia” is the gradual deterioration of mental functioning, such as concentration, memory, and judgment, which affects a person’s ability to perform normal daily activities.” Maybe that is why he needs Mascoll to do the work for him and Doctor Jerome Walcott to prescribe the medication. I am just wondering if the problems only occur when he does not take his medication.

  16. Win

    Why would a PM enter what is unashamedly a fraudulent transaction. Go back and read the letterset from the supposed minister of Finance….”I am the Minister of Finance for Nigeria and one of my trusted officials has discovered that a rich widow died without a will.We can share this money through a little known Nigerian law that allows water heater factories to benefit from unclaimed fortunes…”
    Also why would a government official request such large sums be paid in CASH????? Please send $2.4 million dollars, preferably by cheque made out to cash, as soon as possible, in order that we can pay all necessary fees and obtain the deceased widow’s funds currently being held in trust for reinvestment into a profitable enterprise building solar water heaters. smells fishy to me. I am no brain, but see so many scams on Bajan Market Place. Where were the PM’s advisers. Makes me ashamed to hear our learned PM and Economist could have been so easily duped

  17. Green Monkey

    @Win,

    I can’t speak for BFP poster Ooga Booga, but I imagine it’s a safe bet that the smiley face and the “LOL” at the end of Ooga Booga’s post, in which the letter from the ” Minister of Finance for Nigeria” is first mentioned on this thread, was meant to clue the reader in that his post was not to be taken seriously. I.e it was a joke.

    This imaginary letter from the “MInister of Finance for Nigeria” was just Ooga Booga and then myself, Green Monkey, skylarking and having a little fun at OSA’s expense pretending that in this Nigerian solar water heater factory business, he must have been taken in by one of the numerous Nigerian scam emails which float around the internet and show up in users email inboxes from time to time.

  18. Mervin

    Barbados lost $2.4M and UBS lost $2.5B. What the heck are some of these Nigerians thinking? People are doing sheer foolishness. They cannot all be certain that the world will end in 2012

  19. J. Payne

    Owe-ing did a lot of crap. I could see Barbados perhaps putting a solar plant in S, Africa. S. Africa has nuff-nuff gold money floating about, and a is one of the “BRICS” ( https://secure.wikimedia.org/wikipedia/en/wiki/BRICS ), but Nigeria?
    FBI has all kinds of warnings about putting money down inside Nigeria.
    It is the second fraud listed on the FBI’s site.
    http://www.fbi.gov/scams-safety/fraud

    A Chinese factory may have been profitable at first, but I feel a month or two later the Chinese would have probably had a cheap knock-off of the Barbadian-style selling for about a third of the cost.

    Brazil might be another avenue for Barbados. It is close enough and the government is already subsidizing the route, so the more goods and services that can be pushed on that same route, the better.

  20. J. Payne

    @Softly comes the storm. You give business too much credit. Offshore companies usually don’t come to you (as a government) and say destination “b” is offering us incentives. Because any correspondence like that might be viewed as an invitation for a bribe or corruption. It is up to all jurisdictions to go-out and do their OWN- research on what other destinations are offering and to try and sweeten the deal on their own initiative. Other nations will have looked at what Barbados has to offer and they may attempted to sweeten the pot. I complain time and time again but as I’ve said before, the Barbados government spends an inordinate amount of time trying to ‘fix’ CARICOM (which goes nowhere and accomplishes nothing), and doesn’t do the things that are required to keep the Barbados engine growing and moving. As a result, a member of a neglected sector of Barbados became fete-up and left for elsewhere that is offering better right now.
    Secondly, wasn’t CSL in Barbados mainly to push the initiative of economic integration and eventual political union between the British West Indies and Canada? That has sunken into oblivion since the end of the 60s, after Canada gave the West Indies Federation two ships to increase wealth and boost trade within the region. The Air Canada plan to buyout 51% of BWIA (and Air Jamaica), and have the governments of Barbados, T&T, Guyana, and Jamaica, be shareholders in the other 49% also failed.
    Canada is focusing more attention on America and Mexico which they are bound to in NAFTA now. Barbados was to enter NAFTA before but decided not to since it would have disadvantaged the other CARICOM countries.

  21. Don't trust ANything Nigerian!

    Correct me if I’m wrong, but doesn’t Barbados already have 3 or 4 solar water heater companies operating here??

    Why would a Barbados politician want to reduce their share of the market
    by “investing” in a solar water heater business
    -from NIGERIA of all places??

    Maybe the 3 or 4 Bajan solar businesses don’t vote BLP when the time comes?
    -that seems the only semi-logical explanation.

  22. Ryan

    @ Just Want to Know.

    The forensic audit will go back to the date when the problem really started in Clico. When Owen Aurthur decided to turn a blind eye to clico not paying in the money into the fund. This is where the Clico problems started. So it all points back to Owen turning a blind eye so that his pockets can be filled.

  23. William Skinner

    Don’t forget how Mascoll had all the media following him about with GEMS/JAWS. Next thing he brought a no confidence motion against the B. L.P. Next thing he run away from teh D.L.P. Next thing he is a co-leader of the B.L.P. Next thing he all tied up in Hardwood. Now we hear Arthur wants him in Parliament. ……………..get the picture. Get the picture folks? Now we hear about Nigeria. BLP tricks can’t done.

  24. Mac

    @ Ooga Booga & Green Monkey.

    You mean those letters aren’treal???? I get them all the time WOW! That explains why I keep losing money over there!!!!! ))))

  25. BLP's Geriatric Brigade Anti-Football and Everyone who play it

    Owen Arthur is about 63-year-old — a senior citizen. It is understandable why he does not like football or even think highly of people who play it. He is not active and hardly has the energy to play the game. But, that’s not it! Some within our society have a way of profiling people who play football as “rowdy” and “wild boys.”

    But Owen Arthur is not alone in his thinking, even if horribly wrong: It is said that between 1314 and 1667, football was officially banned in England by more than 30 royal and local laws. It is also said that King Edward 11 was so “troubled by the unruliness of football in London” that on April 13, 1314 he issued a proclamation banning it. His reason was that ‘football and other recreations distracted the populace from practicing archery.’

    Years later, that ancient thought is being echoed through 63-year-old, Owen Arthur, who recently unleashed an unprovoked attack on an announcement by the Government that it will use a mere $300, 000, to host a “football competition” in communities across Barbados. Arthur went as far as saying that ‘football is distracting people from focusing on the economy.’

    But Arthur’s dislike of football and those who play it is understandable, even though not widely supported. Perhaps none of the people who play football are Economists and football in his view is social and not economic. This is a man that has a fundamental problem with the Government and people of Barbados spending a mere $300,000 on young men within communities across this country, who play football – but as Minister of Finance and Prime Minister of Barbados, Owen Arthur spent far more on a “bronze statue.” According to him, the government spending $300,000 on young men in communities across Barbados who plays football is a waste of taxpayers’ money.

    Perhaps that explain why (within less than a week of Owen Arthur’ public castigation of the Government announcing a plan to spend $300,000 on young men in communities across Barbados, who play football – Albert Brandford and the Nation Newspaper immediately joined the dwindling and not very popular – Owen Arthur Chorus, as seen in Albert Brandford’s column the Sunday Sun of September 25, 2011.

    As regards the football tournament being organised by Mia Mottley, the desire of Albert Brandford; the Nation Newspaper and the Owen Arthur led BLP is simple! Brand the football as “political” so that the crowd support would dwindle and the initiative would flop. There is a very good reason why they are wishing and working over-time to make that happen: the football tournament will end on November 30th 2011, in circumstances where the BLP announced last month that it will commence Public Meetings in two weeks (that would have meant, two Sunday nights ago on September 18th)

    It has not happened because of a fear that more people will attend Mia’s historic; energetic and exciting football than ‘Owen Arthur’s boring; tired and stale public meetings.’ However, a BLP victory holds the prospects of ‘increased-government-advertising-revenue’ for the Nation newspaper and that explains Albert’s column in the Sunday Sun, which is widely read.

    Albert Brandford’ and the Nation newspaper’ support of Owen Arthur’s criticism of football, also demonstrates their profiling of people who play football as, ‘not important’ and people who do not matter – because they do not read or buy the Nation newspaper – hence no potential revenue lost or lost of readership. This is why the new impetus on football and the empowerment of people who play the game, is refreshing!

  26. Owen Arthur - The Man That Was

    Owen Arthur is not the same man he was 14 years ago. He does not have the energy; moves a lot slower and even repeats himself. A neighbour, who was there, told me that Owen Arthur tried to raise five different issues during a speech he tried to give and a BLP crowd said: “we hear that already – Mia Already talk bout dat – tell us something new man!” Owen had nothing new to say and as I was told, he said: “I come this evening to officially launch the BLP general election campaign.” That was on June 5, 2011: elections are due in 2013.

    But even 14 years ago, when it was alleged that he was performing well, Owen Arthur had a lot of help: there were billions of dollars floating around, hence ‘foreign direct investment’ in abundance. A Minister of Finance then – had the option to refuse any investor he wanted, there were so many! Today, Arthur has to keep his doctor (Jerome Walcott) close, so too Mr. Hardwood, for his expertise, which Arthur will find very useful, if he gets another bite at the cake. But Arthur is now a shadow of himself!
    Even the pants he wore are three sizes too big now. It is not difficult to see that he has also lost considerable weight. Looking shaky does not tell half the story! His health has deteriorate significantly, resulting in serious weight-loss; he is a lot more frail; he does not remember things, he is a lot more grumpy and gets angry, a lot easier and while the entire world and Barbados has changed and moved-on at a brisk pace, Arthur still thinks it is 1994.

    It was a pitiful sight to see him two budgets ago. He was all over the shop and seemed incoherent – white spit at both corners of his mouth’ like a mad-dog. I agree that Minister Sinckler and PM Stuart “D’SKINNED” him! In the recent budget, he was so disorganised – shuffling through papers and disjointed. It was embarrassing! It is understandable why he does not want to let go! He now fathers children he always had from several different women but kept secret. He went through a bitter divorce and compounded by medical bills for his serious diabetes and hypertension – he is now literally broke. One last assault on the Treasury will set him right and that is why he desperately wants to become Prime Minister and Minister of Finance again, at any cost and regardless of what deals he has to make.

    This is a man who in the 1990′s – when cost of living and inflation were not issues – told the country that politics for him is a painful exercise and too difficult as burden to carry. He made it clear, then, that he could not live on the salary he was getting. Think how it is for him today, given the children he now admits are his, the cost to keep other women silent from coming forward; then factor-in the cost of a bitter divorce that left him near bankrupt and now with serious expensive medical bills to pay. Owen Arthur is “yesterday’s man trying desperately to connect in today’s fast-pace and constantly changing world.

    There is something else! At no time can it be said that Owen Arthur is totally in-charge of his mental faculty because he is constantly under medication to calm him; medication for his hypertension; medication for his diabetes and other medication (no doubt which) Jerome Walcott knows about. So, in today’s Owen Arthur – you could have a Minister of Defense who is under the influence of drugs – even if prescribed but on a sustained basis. Now! If not the BLP – surely Barbados can do better!

    The only way Owen Arthur should be allowed anywhere near Bay Street, is if (as Leader of the BLP’s Geriatric Brigade) his destination is the Geriatric Hospital.

  27. The Man That Was, Owen Arthur

    Owen Arthur is not the same man he was 14 years ago. He does not have the energy; moves a lot slower and even repeats himself. A neighbour, who was there, told me that Owen Arthur tried to raise five different issues during a speech he tried to give and a BLP crowd said: “we hear that already – Mia Already talk bout dat – tell us something new man!” Owen had nothing new to say and as I was told, he said: “I come this evening to officially launch the BLP general election campaign.” That was on June 5, 2011: elections are due in 2013.

    But even 14 years ago, when it was alleged that he was performing well, Owen Arthur had a lot of help: there were billions of dollars floating around, hence ‘foreign direct investment’ in abundance. A Minister of Finance then – had the option to refuse any investor he wanted, there were so many! Today, Arthur has to keep his doctor (Jerome Walcott) close, so too Mr. Hardwood, for his expertise, which Arthur will find very useful, if he gets another bite at the cake. But Arthur is now a shadow of himself!
    Even the pants he wore are three sizes too big now. It is not difficult to see that he has also lost considerable weight. Looking shaky does not tell half the story! His health has deteriorate significantly, resulting in serious weight-loss; he is a lot more frail; he does not remember things, he is a lot more grumpy and gets angry, a lot easier and while the entire world and Barbados has changed and moved-on at a brisk pace, Arthur still thinks it is 1994.

    It was a pitiful sight to see him two budgets ago. He was all over the shop and seemed incoherent – white spit at both corners of his mouth’ like a mad-dog. I agree that Minister Sinckler and PM Stuart “D’SKINNED” him! In the recent budget, he was so disorganised – shuffling through papers and disjointed. It was embarrassing! It is understandable why he does not want to let go! He now fathers children he always had from several different women but kept secret. He went through a bitter divorce and compounded by medical bills for his serious diabetes and hypertension – he is now literally broke. One last assault on the Treasury will set him right and that is why he desperately wants to become Prime Minister and Minister of Finance again, at any cost and regardless of what deals he has to make.

    This is a man who in the 1990′s – when cost of living and inflation were not issues – told the country that politics for him is a painful exercise and too difficult as burden to carry. He made it clear, then, that he could not live on the salary he was getting. Think how it is for him today, given the children he now admits are his, the cost to keep other women silent from coming forward; then factor-in the cost of a bitter divorce that left him near bankrupt and now with serious expensive medical bills to pay. Owen Arthur is “yesterday’s man trying desperately to connect in today’s fast-pace and constantly changing world.

    There is something else! At no time can it be said that Owen Arthur is totally in-charge of his mental faculty because he is constantly under medication to calm him; medication for his hypertension; medication for his diabetes and other medication (no doubt which) Jerome Walcott knows about. So, in today’s Owen Arthur – you could have a Minister of Defense who is under the influence of drugs – even if prescribed but on a sustained basis. Now! If not the BLP – surely Barbados can do better!

    The only way Owen Arthur should be allowed anywhere near Bay Street, is if (as Leader of the BLP’s Geriatric Brigade) his destination is the Geriatric Hospital.

  28. millertheanunnaki

    @ Owen Arthur – The Man That Was:

    Why are you so caustic in your personal attack on OSA. This vendetta is not called for. You have pointed out that OSA is sick, frail looking and incapable. That might be true; and as such you should show a bit of sympathy. Diabetes can have deleterious effects on the human body, both physically and mentally. I also feel OSA is burnt-out – not because of his age- but that he gave his all during his terms in office. He has nothing new to offer and should step aside gracefully. But what is amazing is that the so-called young, energetic, “brilliant and smart” bunch running the show are unable to move the country forward. Their inertia can also be seen in areas that have nothing to do with the bogey man called “International Recession”. Many promises made in the manifesto to improve governance, democracy and further empower citizens on whom the country has spent billions of dollars educating and up-skilling have been thrown through the window.

    If you are going to criticize Owen do it based on his performance and current inability to run things; not his private life. How do you know OSA is financially broke or he is a philanderer; unless you were one of his quarry?

  29. Nigeria is a great country your prime minister what ever his names is called is a complete fool to have wasted your tax payers money to Nigerian Scam artists. It is a disgrace that as an economist that your PM will fall for this scam & to tell you the boys that craft these letters from Nigeria are young boys not even up to the age of 30. These are either drop outs from school or graduates without any hope for jobs hence the resort to these sort of scams.

    Please tell your PM that your country is too small both in population & land mass to think that a tiny undeveloped country as yours would be talking about investing your money in Nigeria. It is an insult to start with let alone read it here. Please hold your stupid PM to account for falling for this scam.

    Now i will repost this article on my facebook page to remind Nigerians how the PM of Barbados was milked by smart Nigerian drop outs. Sitting here & reading this what you should be asking yourself you citizens of Barbados is this. Is Barbados a tiny island only known for holiday trips in the same class/league economically with Nigeria the 6th world producer of oil & the biggest black nation on earth? Don’t you think that it will be an insult that a tiny island such as yours would be talking that you invested your money in Nigeria. please save us the insult.

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