Monthly Archives: July 2013

Harlequin wins lawsuit against Padraig O’Halloran by proving Dave Ames is unfit to manage your money

Harlequin & David Ames: Knew sales agents were lying to investors.

Harlequin & David Ames: Knew sales agents were lying to investors.

David Ames: Stupid? Crooked? …or smart like a fox?

Would you trust your money to a man so foolish that he paid tens of millions of dollars to a building contractor without signing a written contract?

Would you trust your financial future to a man who ‘managed’ investors’ money by holding million-dollar promotional events while not bothering to ask how toilets at the resort could flush if they weren’t hooked up to any sewerage lines? Would you trust a man who was such an idiot that he failed to monitor expenditures vs. observed results on a 100 million dollar project?

An Irish court has just awarded Harlequin Property a rather shameful victory – for in order to achieve victory in the civil lawsuit, Harlequin had to show and admit how much of a trusting idiot is their glorious leader, Dave Ames.

“Harlequin said between 2008 and June 2010 £8.5million was diverted from £34million paid to the contractor to develop the first phase of its flagship resort Buccament Bay, in St Vincent.

The court heard during a 31-day trial there was no written contract and money was diverted into personal accounts of Mr O’Halloran to fund lavish purchases, including a wedding, private jet, a racecourse in St Lucia, a car franchise business and renovations to a rented property on the Sandy Lane estate in Barbados.

Harlequin said during construction shells of the buildings went up but they were not connected to essential infrastructure like sewage, water and power leading to the resort opening late and on a smaller scale.”

“(Judge) McGovern said it was “extraordinary” there was no written contract for such a large development and that turned out to be a “very poor” decision by Mr Ames…”

… from the Basildon News article Harlequin Property wins civil fraud case against former resort builder

Dave Ames establishing a defense against Ponzi charges?

Charles Ponzi never worked for Harlequin... but he could have!

Charles Ponzi never worked for Harlequin… but he could have!

According to the Basildon News, Harlequin and Ames took about 6,000 deposits from investors for off plan resort accommodation at six planned resorts, but built just 300.

Couple those figures with a total failure to account for missing millions of dollars, and you have what is commonly called a ‘Ponzi Scheme’, named after the patron saint of fraudsters: Charles Ponzi. Wikipedia explains ponzi this way… Continue reading

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Filed under Barbados, Consumer Issues

We need to sink some ships and airplanes off the coast of Barbados

Newer Recreational Divers prefer shipwreck dives over anything else

Out of Barbados and the University of Hull comes a study showing that newer recreational divers vastly prefer to dive on shipwrecks rather than in natural reef areas.

That is good to know because if Barbados sinks some ships and airplanes in a few spots off the coast, we’d be able to attract more tourists to the island and at the same time protect the natural reefs through concentrating less-experienced divers where they can do the least harm to the natural environment.

That makes sense to me…

“Diver damage can be a real problem in the most popular dive sites but our study shows that artificial reefs could be an important tool for managing the impacts of dive tourism.
 
“The fact that many divers report high satisfaction from diving on artificial reefs shows that dive tourism can be successful without depending on the most sensitive, natural reef sites.”

… from the University of Hull Barbados diving study (online here)

Divers bring dollars…

“Novice and experienced divers were evenly represented in the study providing a diversity of views relating to artificial reef diving. Indeed, over half of all non-resident divers surveyed were return visitors, with some individuals having over thirty previous visits to Barbados. The study by Schuhmann et al. revealed a similar trend in return visits, with half of their sample having had previous trips to the island. The provision of well conceived artificial reef diving sites, such as those situated within the Carlisle Bay area, appeared to influence the decision of some divers in this present study to visit Barbados.”

Every leader in tourism and business should read this new study. Our Tourism Minister should make up his mind to do something, and get a project going now. Let’s find an old warship or small freighter and see what the cost will be to transport it here, get it ready and then have a big party to sink it.

If we’d have devoted our money to establishing long-term quality tourist attractions instead of spending a million dollars to have Rihanna writhe around half naked, we might enjoy some lasting benefits instead of the BTA’s preferred ‘quick hit’ for cash that is good for a week or two and then fades.

Cliverton

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Filed under Barbados, Barbados Tourism, Sports

Barbados DLP Executive involved in political influence loan scandal

Reynold Austin Barbados DLP

Photo: Reynold Austin – President DLP (Canada)

Noted Jamaican-Canadian businessman says DLP Executive Reynold Austin obtained US$750,000 business loan on the basis of political assurances

It doesn’t much matter whether we’re talking a corrupt BLP government or a corrupt DLP government – it’s the “Same old, same old ’bout this place”. Once elected, party officials rush to turn political influence and government authority into personal profits.

Today’s scandal involving a DLP executive member is only today’s scandal. CLICO was yesterday’s scandal. Tomorrow there will be something new, and when the BLP forms the government after the next election there will be more scandals coming – only BLP in their flavour instead of DLP.

“It is a scandal that the DLP executive Reynold Austin marketed his land development project on the basis of his position with the ruling DLP Government…”

Without Integrity Legislation, Freedom of Information and accountability laws, the buying and selling of political influence and government authority will continue to carry no penalty.

denham jolly Jamaica Canada

Photo: Jamaican-Canadian businessman Denham Jolly

Look how brazen these people are!

In this case, noted Jamaican-Canadian businessman Denham Jolly was happy to make a loan in 2011 to a Barbados development project pushed by the President of the Barbados DLP (Canada), Reynold Austin, upon assurances that the project was important to the Democratic Labour Party government.

In other words, the DLP (Canada) executive tied the success of the business project directly to his insider status with the governing party. Jolly was happy with that. Only when the property development was unable to make loan payments did Mr. Jolly complain.

“Denham Jolly should also apologize to Bajans for taking part in an act of political corruption.”

Jolly told the press that DLP executive Reynold Austin “approached me in the spring of 2011 for a business loan for Pickering Court Development. He assured me that it was a great investment because it was a centrepiece for the Government and the enhancement of their re-election.”

Why should a privately-owned property development be a “great investment” because it is a “centrepiece for the Government” and “the enhancement of their re-election”?

How does a privately-owned piece of property increase in value due to an association with government?

That’s an easy question for any Bajan because we’ve seen decades of worthless scrub and agricultural land turned into millions when a government bestows building permissions upon land owned by political friends.

It is a scandal that the DLP executive Reynold Austin marketed his land development project on the basis of his position with the ruling DLP Government, and the stated value of the land to the government and therefore ‘enhanced’ value of the loan-provider to the Government and the Government’s re-election.

Reynold Austin should immediately resign from his executive position with the DLP, and if he does not the DLP should relieve him of his position. Continue reading

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Filed under Barbados, Corruption, Political Corruption

It’s Official: St. Lucia overtakes Barbados for long-stay visitors from the United States

Barbados needs to pay attention to Air Mile point programmes

Adrian Loveridge, small hotel owner - now selling!

Adrian Loveridge, small hotel owner – now selling!

There is sometimes so much misinformation disseminated in the media about tourism, it becomes even more important that the facts prevail.

It’s official: Our neighbour, St. Lucia, overtook us for the first four months of this year, in terms of United States long stay visitor arrivals.

Despite having a much smaller room stock, St. Lucia welcomed 43,335 American visitors between January and the end of April, an increase of 6.6 per cent, when compared with the same period in 2012.

Barbados recorded 42,516 for the identical four months, a decline of 11.9 per cent.

The trend continues with the addition of a new weekly flight nonstop United Airlines service from Newark to St. Lucia, adding another 3,000 plus seats during the second half of 2013. So there is little doubt that St. Lucia will still be ahead in this market, by year end.

Newark Liberty Airport, offers for many, a more convenient access than JFK or La Guardia in the TriState area, one of the most populous urban agglomerations in the world. It is also United’s third largest hub after Houston and Chicago with the St. Lucia flight connecting with 22 US cities plus a number in Canada, increasing travel options and reducing overall journey times.

Americans have generally less paid holidays than Europeans, so it becomes even more critical to be able to reach the ultimate destination in the shortest time, if ‘we’ are serious about competing in this market.

And this perhaps, partially explains why we have seen such a dramatic fall. Continue reading

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Filed under Aviation, Barbados, Barbados Tourism

Family and friends say goodbye to David R. Brathwaite in Pennsylvania, USA

Husband, Father, Chef: Well loved, a hard worker

David R. Brathwaite BarbadosDavid R. Brathwaite, 51, of Carlisle, entered eternal life on Monday, July 22, 2013, at Carlisle Regional Medical Center. He was born March 21, 1962, in St. John, Barbados, a son of Joyce (Brathwaite) Mullin of St. John and the late Douglas Mullin.

David was a 1980 graduate of Princess Margaret Secondary School in St. Philip, Barbados and studied at the Barbados Community College, where he majored in Professional Cookery. David served in the Barbados Defense Force. He was an executive chef and most recently operated the Pretzel Spot Café in Carlisle and had also worked at the Silver Cup Lounge at Cumberland Golf Club and six years at The Holly Inn. David was a member of the Unity Church in Mt. Holly Springs and The Pride of Barbados Masonic Lodge #6 in Brooklyn, NY.

He is survived by his wife of 11 years, Tamara C. (Corum) Brathwaite, sons; Darone Brathwaite of St. Michael, David Brathwaite, Jr. of Tucker, GA, Lawrence Corum of Carlisle, daughters; Jade Brathwaite of Tucker, Tanesha Corum and Ashley Corum, both of Carlisle, brothers; Desmon Mullin of St. Michael and Paul Mullin of St. John, sisters; Dianna Brathwaite of St. John, Michelle David of Hinesville, GA and Marissa Sealy of St. John, maternal grandmother, Maria Sealy of St. John, granddaughter, Keyonah Corum of Carlisle and several aunts, uncles, cousins, nieces and nephews.

A Home Going service for David will be held on Saturday, Aug. 3, 2013, at 11 a.m. in the Ewing Brothers Funeral Home, 630 S. Hanover St., Carlisle, with Pastor Don Watkins officiating. The family will receive friends at the funeral home from 10 a.m. until time of service. There will be no viewing. Interment will be private.

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Filed under Barbados

Meet Barbados’ future King: His Royal Highness Prince George

Prince George Birth

Kate and, what’s his name? Oh yeah, William. Anyway they are a nice young couple across the pond and they have just had their first little one, a boy. His name is George Alexander Louis. (Yahoo! News story here)

George for his great-great grandfather, Louis for his great-uncle (?) who was murdered by the Irish Republican Army and Alexander for some distant relatives in Scotland.

Unlike many other children born on the same day in Barbados and around the world, George will never be hungry for long. He will never have malaria or gum disease. George will never experience parasitic worms in his eyes or have trouble finding clean water to drink.

George will have soap available to him every day. A good school and tuition for anything he wants to do are a given. Should he ever have a health problem it will be spotted as early as humanly possible and then treated immediately with the resources of an entire nation. George is already wealthy and as he grows he will have real power and authority (the two are different, you know). As with his wealth, George won’t have to earn that power and authority because it will simply be handed to him.

This little one is truly blessed, and good for him and his proud parents.

George’s task now is to use his blessings to change the world for the better. That’s up to him – he can work hard at using his position to advance the human race, or he can choose to do little or nothing in that regard.

And to those who begrudge the fact that little George has such a good start in life – I remind you that the privileged children of the Bajan political class (and elsewhere) are born with the same silver spoon of assets, family influence and political ties to help them along in life. The difference is only in the size of the assets and influence.

Some of those who are critical of the Royals tend to forget that Barbados has its own royal class, and if the test is to judge how much good they have done with their blessings, our island’s royal class has already failed the test.

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Filed under Barbados, Celebrities, History

Company says “political relationships” enabled purchase of Barbados Sea Island Cotton

Does Barbados really have a cotton industry?

Does Barbados really have a cotton industry?

Hey… I’m just sayin’ what they are sayin’ !!!

Kyto BioPharma Inc. Announces Letter of Intent to Acquire Barbados Sea Island Cotton Inc.

PALM BEACH GARDENS, FL–(Marketwired – Jul 22, 2013) – Kyto BioPharma Inc. (“Kyto”) (OTCQB: KBPH) is pleased to announce that it has entered into a Letter of Intent to acquire all of the outstanding common shares of Barbados Sea Island Cotton Inc. (“BSC”) through the issuance of 10 million common shares of Kyto to the shareholders of BSC and BSC satisfying Kyto’s outstanding debt on closing. BSC, through political relationships, industry experience and proprietary investments in the Island of Barbados, has secured the rights to manage …

Wall Street Journal here

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Filed under Agriculture, Barbados