“We are taking the position that CLICO was a massive fraud on the public.”
Ewart Williams, Trinidad and Tobago Central Bank Governor, July 6, 2012
Meanwhile, in Barbados there is no mention of the ‘special relationship’ between CLICO and the governing Democratic Labour Party.
No mention at all in this Barbados Advocate article or anywhere else we can find…
A plan to restructure CLICO International Life Insurance Limited has been approved by the High Court of Barbados. So too has been the completion of the Forensic Audit into the insurance company’s affairs.
Judicial Manager for the company, Deloitte Consulting Ltd. (represented by Oliver Jordan and Patrick Toppin), made the announcement yesterday afternoon in a press release. Continue reading