Author Archives: BFP

Abby Martin interviews Afra Raymond about the corrupt CL Financial – CLICO disaster.

“On the 30th of January 2009… that bailout was wreathed in political corruption because it was discussed and agreed behind closed doors. We later discovered the Minister of Finance who negotiated the bailout is a lady called Karen Nunez-Tesheira, I will call names.

She is an attorney at law, former lecturer of law, and in fact was a shareholder of CL Financial. She was later revealed by my research to be a shareholder of CL Financial that she was negotiating a bailout of.”

“The people who caused this collapse have really gotten away scot-free because the government purchased their debt.”

Afra Raymond to international journalist Abby Martin.

Two-thirds of Caribbean Government money stolen!

If this interview doesn’t rock you about how corrupt your Caribbean governments and politicians be then go back to smokin’ whatever you be smokin’ an doan bother with life.

Afra Raymond tells it like it is to international journalist Abby Martin. It’s all here – the whole history of corruption in the CL Financial collapse and bailout.

Ministers of Government who were CL Financial shareholders gave your public funds to shore up their own interests.

That was the corrupt foundation of the bailout.

I saw this interview on YouTube and had to post it. Don’t know when I’ll be back.

One Love… Cliverton.

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Filed under Barbados, Business & Banking, Corruption, Crime & Law, Ethics, Political Corruption, Politics, Politics & Corruption, Trinidad and Tobago

Barbados Free Press takes a holiday

barbados wave flag

Dear Friends,

Robert headed out on a job over and away a month ago. My current work and new little one are taking all my time.

I know it hasn’t been the same ’bout hey since Marcus passed on. We miss him, all of us do.

We’re not doing justice to this place so we’ve stopped the comments on older articles.

BFP’s 5,962 posts remain as a memorial to Marcus and the old days when Bajans made our corrupt politicians promise ITAL: Integrity Legislation, Transparency and Accountability Laws. The BLP and DLP politicians lied. Much like the old fable of the turtle and the scorpion – it is their nature.

Barbados will never have ITAL. If it didn’t happen in the past nine years, it won’t happen in the next nine years. The place is too corrupt, and anyway, very little remains to be stolen by the political class. Bad times are coming fast and you had better believe that for the sake of your loved ones. You ain’t seen nuthin yet.

We’ll be back here and there, but it will take a while.

May the Lord bless you and yours.

Cliverton

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Filed under Barbados

Financial Times: Cuban tourism boom to harm rest of Caribbean

cuba_beach

What a surprise!

The sight of the Stars and Stripes being hoisted over the newly opened US embassy in Cuba last week, was one of the most visible signs yet of the diplomatic rapprochement between the long-term foes.

If President Barack Obama gets his way, the US Congress will soon go further still and lift its 55-year-old trade embargo on the island.

Such a move would be a major boon to the Cuban economy, not least by unleashing a torrent of big-spending American tourists on the island, which has largely been starved of such arrivals for more than half a century.

This, however, could prove disastrous for some of the small islands elsewhere in the Caribbean which are heavily dependent on tourism. They could see much of the US tourism trade they have come to reply on decamping to the large, and quite possibly cheaper, new competitor in their midst.

… continue reading the Financial Times Cuban thaw poses tourism threat to Caribbean neighbours

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Filed under Barbados, Barbados Tourism, Cuba, Economy

Barbados Minister of International Business Donville Inniss: Swiss Bank Account for your online porn business?

cropped-donville-inniss-hospital-goat.jpg

Revealed for the first time: Donville Inniss Swiss Money Connection

An interesting article in yesterday’s Nation Newspaper where Donville Inniss, our Minister of International Business, announced that Barbados is fully on board with the US and international efforts to have an automatic exchange of tax information between countries.

Some folks would say that Barbados is caving to the USA’s extortion, but others would say this is the future and welcome to it.

Of course, some folks would also question where the customers are going to come from if keeping money in Barbados is the same as having a bank account in Chicago or London. Why should anyone do their banking in Bim if there is no advantage?

“. . . My ministry has written to the secretary general of the OECD in Paris indicating that Barbados has formally committed to signing on to the automatic exchange of tax information,” Inniss said. “This is important because as a government there is somewhat of a paradigm shift in taking a position that Barbados needs to be a player, and to be seen as a major player in this international financial services sector where it matters most.”

… Nation News Bowing to Global Pressure

Barbados Sex Trafficking

What about all Donville’s porn profits?

This concern with international tax treaties is a newish thing for Pornville, er, Donville.

You see, not so many years ago, Barbados Free Press caught out Donville Inniss in the act of profiteering from online pornography.

“One of the saddest things I’ve ever seen is Orgasm.com’s pregnant woman porn section. How does Donville Inniss feel about these desperate young girls – making money for him like this?” 

Continue reading

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Filed under Barbados, Culture & Race Issues, Ethics, Political Corruption, Politics & Corruption, Slavery

Black and White Sea Egg Poachers have different court outcomes in Barbados

barbados sea eggs

Editor’s note: This story is unchecked and was submitted anonymously.

Take with some salt and decide for yourself!

submitted by Steve See the Egg

Black and White Sea Egg Poachers

Recently two Sea poachers were apprehended somewhere between Martin’s Bay and Glenburnie in St. John. One Eric Mayers, known to most of us as “Grease”, and Anthony Standard, known to most as “TC” though breaking the law, which banned the poaching of sea eggs due to a scarcity of the delicacy for the past 10 years or so.

The two faced the court where they both pled guilty, but Eric was hit with a fine of BDS$5000 forthwith or 13 months in jail. As he could not come up with the fine he’ll have to serve 13 months in prison. This was indeed the second time Eric was caught or escaped being caught.

Anthony on the other hand was caught for the first time and was given a suspended sentence of one years’ probation no jail time, fine.

It should be noted that Mr. Anthony Standard is a white man and like in the Judicial Systems in place in the USA, Canada and many other racist societies, blacks are treated differently in the courts of Barbados. This is a double standard.

It should be noted that two brothers Edgar and Stephen Barrow who were also caught poaching Sea Eggs for the first time like some other first time Poachers were fined BDS$1000.

Why wasn’t Anthony Standard fined?

Is it because “Blacks don’t matter”?

Steve

Sea Egg photo courtesy of BarbadosPocketGuide.com

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Filed under Barbados, Crime & Law, Culture & Race Issues, Race

102 year old Harlem Cotton Club dancer sees herself on film for the first time

Have a little more respect the next time you see some old lady going to market. That old lady used to be a babe!

Had to post this. God bless Alice Barker and all the others who were unappreciated, used and cast aside by Hollywood and promoters for so many years.

Alice… If we’d have been born in the same time, I’d have followed you around like a little puppy dog.

Cliverton

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Filed under Culture & Race Issues, History, Music

Harlequin’s David Ames disobeys court order, fails to give evidence in court. What now for investors?

David Ames - Harlequin's Ponzi King

David Ames – Harlequin’s Ponzi King

TLW Solicitors are here to help on a no-win no-fee basis

contributed by TLW Solicitors

Following recent reports of the Harlequin Properties’ headquarters going up for sale and the company’s chairman David Ames failing to give evidence in court, those who have lost out financially through the scheme are assured that they may still be entitled to compensation.

The Harlequin Property company was set to build 6000 luxury properties in the Caribbean, financed by deposits from UK investors. With only 300 of the properties actually built and the Harlequin Group having gone into liquidation, thousands of investors have been left in debt.

Rip Off Britain

The BBC’s consumer affairs programme Rip Off Britain investigated Harlequin Property for a second time earlier this year, after an initial broadcast in 2010. Although some early investors had been able to claim back their money, the returning of more recent deposits has been ruled out by the company since it entered liquidation.

Around 3000 UK investors are thought to have been involved in the Harlequin investments scheme. Chairman David Ames blamed the problems on the 2008 global recession and claims to have been let down by developers.

Recent evidence suggests the Harlequin case has been flawed from the start, with suggestions that it never owned much of the land it intended to build properties on, and a business model that relied wholly on continued foreign investment. (BFP Editor’s note: It’s called a ‘Ponzi Scheme’. We’ll say it, even if TLW Solicitors won’t.)

Investigations into Harlequin hotels & resorts

Harlequin Property has been subject to an ongoing investigation by the SFO (Serious Fraud Office) since 2013 and two warnings by the Financial Services Authority (FSA).  Continue reading

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