Category Archives: Real Estate

David Ames running from the courts: Percival Stewart v Harlequin Properties

David Ames - Harlequin's Ponzi King

David Ames – Harlequin’s Ponzi King

Both Affidavits can’t be true!

Some interesting reading from a recent court case [March 2015] in St Vincent where Dave Ames is no stranger to litigation.

Percival Stewart v Harlequin Properties (Caribbean) Limited et al

In this case  on Page 4 the judge rules on the audacious delays by Ames in filing statements…

“Mr Commissiong deposes that Mr Ames lives in England and travels a lot globally making it difficult for him to be in Saint Vincent to testify. Implicit in Mr Commissiong’s averments is the notion that for those reasons, it was impossible or extremely difficult to contact Mr Ames, receive instructions from him, or arrange for him to sign a witness statement. I make the observation that the CPR permits a party to file and serve a witness summary if he is not able to provide a witness statement, and that a witness does not need to be in the jurisdiction to sign or attest either document.”

(download court document pdf here)

Now this is totally the opposite of what lawyers and Ames claimed last October 2014 (in the group of 33 investors failed case) when the judge was told that the company was NOT run from Essex. (See Judge rules against Harlequin investors in £1.8m court case)

“The case did not centre on whether or not the investors were owed money, a point which deputy judge Nicolas Strauss QC noted ‘does not appear to be in dispute’. Instead it focussed on whether a UK court could wind up Buccament Bay, given that the company was incorporated in Saint Vincent and the Grenadines.

While the investments were sold through Essex-based Harlequin Management Services (South East), which filed for administration in April 2013, Strauss ruled that Harlequin’s ventures including Buccament Bay were not run with ‘bird’s eye management from Essex’. He agreed that they were largely managed in Saint Vincent and the Grenadines and therefore this was the correct jurisdiction to apply for a winding up petition.”

The fact that Mr Commissiong’s claim that Ames couldn’t possibly find the time to be in St Vincent for the Stewart case makes a complete nonsense of Ames’ submission to the UK court that the Harlequin business was entirely run from the Caribbean and therefore the UK court’s jurisdiction does not apply.

Quite obviously both Affidavits cannot be true and both evade bringing Harlequin and Ames to account.

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

Land use, land theft, backroom deals a worry for small Caribbean island nations

Barbados Expropriation

How long must ordinary Bajans put up with corrupt politicians compulsorily acquiring private lands – to be converted into private profits for the political elites and their friends?

“Sobbing uncontrollably, his mother said she was afraid that her house and land would be taken away.” (Nation News)

“A small State such as Trinidad & Tobago must accord a very high priority to the judicious management and utilization of its land resources or perish. All elements of land policy must must be designed to ensure that these finite resources are efficiently utilized and husbanded in such a manner as to serve the long term interests of the national community.”

—Conclusion of “A New Administration and Policy for Land” (19 November, 1992)

Afra Raymond’s new piece Our Land talks about the same problems we have in Barbados with greedy elites using public and private lands like their own little piggy bank.

Between crooked lawyers scamming little old ladies like Violet Beckles, and Bajan politicians doing backroom deals, land ownership is a dangerous jungle out there.

Any Bajan has heard the stories and sometimes read the news…

– A relative of a Government Minister ends up with a building lot after an expropriation.

– An official advises his cousin to buy a piece of useless land, and six months later the government expropriates the land and pays a very good price – far more than the original purchase price. Who knew that a new road was to be built there? Don’t ask!

– For fifteen years, a farmer tries unsuccessfully to re-zone his land for housing, but then gives up and sells out. Thirty days after the new owner (and friend of government) buys the farm, the zoning approval comes through and the land is now worth millions. No one knows who the real shareholders are.

– Prime land is expropriated for “low income” government-sponsored housing, and eleven months later a Government Minister moves into a new home in the “low income housing” sub-division. Of course, his girlfriend owns the home – not the Minister. (Barbados Government Minister Gline Clarke – House and Mercedes on Expropriated Land)

– “Back door” land expropriations where building permissions are denied for no good reason until the owner gives up or goes bankrupt over unpaid land taxes. While one arm of the government refuses permission to build, the other arm expropriates for back-taxes… and the land eventually ends up in the hands of a friend of the government.

When a politician gets his eyes on your land… it’s all over. Corrupt Barbados politicians prepare to expropriate widow’s land – probably for personal profits

… and on and on and on. Then when the citizens start ignoring the laws, the elites wonder about the state of the world.

“We can never move forward as a nation until we have men/women of integrity running our country – that is our problem, and it cannot be said too often.

Until then we will always be second raters, puffing and panting on the world stage with a veneer of progress, but the condos, concrete palaces and circumscribed greens of the golf courses which are admired, will not be our own. We will be strangers in the land of our birth, Oh! how our forefathers must weep, as to what has become of us.

So much pain, for so little gain, a pain “perpetuated” by those who felt the same warm confines, of the womb from whence we came.” Yardbroom, August 2007

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Filed under Barbados, Corruption, Crime & Law, Political Corruption, Politics & Corruption, Real Estate

Sales persons are liable for Harlequin pension losses!

Harlequin Resort

Oh boy!

“Financial advisers who recommended clients switch their pensions into self-invested schemes heavily exposed to investments being marketed by embattled overseas property group Harlequin are legally liable for losses, the Financial Services Compensation Scheme confirmed…”

… from the Financial Times article Advisers are liable for Harlequin pension transfer losses

Yup…

Do them. Do them all. Lead them away in handcuffs and beat them on the way to jail.

Lives ruined. Pensions devoured.

Barbados politicians played a pivotal role as enablers for David Ames and his gang. Do them all.

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Inter-American Development Bank cancels $160m loan for Barbados Four Seasons project

barbados four seasons construction

Another monster project left to rot in the Bajan sun

The on again – off again Barbados Four Seasons resort project may have received its final coffin-nail with the IDB finally withdrawing from this decade-old debacle. (Nation News: IDB withdraws loan for Four Seasons)

How much taxpayer funding has the Barbados government poured into this mess? Are we allowed to know? Did the government transfer any of the National Insurance Scheme pension funds to the project developers?

Barbados Minister of Finance Chris Sinckler has made all sorts of claims. In March 2013 he told Bajans that our taxpayer monies would be recovered on the sale of the Four Seasons. Well Mr. Sinckler? Where’s our money?

Back then, BFP’s readers were asked if Bajan taxpayers would recover all the monies that their government invested in the Four Seasons. 50% said we’ll never know the truth, 43.5% said there was not a chance that we would recover the monies. 6.4% said we’d get back all the money, (but that was probably Minister Sinckler himself sitting there for voting for hours.)

Former PM Thompson said that supporting Four Seasons could be “extremely risky” to the DLP Government, but Freundel Stuart went ahead and did it after Thompson died.

“Now of course the first objective is not for Government to give guarantees to projects of this type. So the Government is not available, generally speaking, for that kind of thing and I want to make that abundantly clear. It is extremely risky. It has brought down Governments in other countries and I don’t intend to let it bring down my government. And it can sometimes smack of an element of favouritism and once you start it, it becomes like a rolling stone that will gather moss…and therefore, we have to be very careful,”

February 2, 2010 – Prime Minister David Thompson in the Barbados Advocate article PM defends stance on Four Seasons

Hard Times have arrived in Barbados

We’ve said it before, and we’ll keep saying it…

1/ Shun debt. Shun expenses. Live as frugally as you can.

2/ Work hard, save what you can.

3/ Look after family and friends as you are able because you might need their help someday.

4/ Learn to grow food, repair your own car, maintain your own home. Repair clothes, repair everything. Don’t buy new anything: let some other fool pay the depreciation!

5/ Smile at the tourists, make them feel welcome but never pressured. Pick up the rubbish where you can and never do anything that takes away from the beauty of Bim.

6/ Thank God for what you do have – then get back to working harder than you ever have before.

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Harlequin victims hit with new lawsuit from Guardian SIPP

Abandoned Harlequin H Hotel is a testament to Barbados politicians' greed and incompetence.

Abandoned Harlequin H Hotel is a testament to Barbados politicians’ greed and incompetence.

Many “investors” in Dave Ames’ Harlequin ponzi scheme lost everything they had and more. Many of the gullible mortgaged their homes to “invest” in Harlequin, and relied upon the promises of Harlequin’s sales representatives. But the sales people knew that no legitimate investment could afford to pay the commissions that Harlequin was paying it’s representatives.

Now after losing everything, Harlequin victims are set to lose even more as Guardian SIPP is suing the investors for non-payment of the fees related to their self-invested personal pension.

Who is to blame for the mess?

Start with David Ames – but lined up with Ames should be the Government of Barbados, that allowed Harlequin companies to get away without oversight, accountability, annual filings and statements for the entire time. And our Government allowed Ames to acquire and start projects with zero oversight or consideration as to whether Ames had the means to finish those projects. As a result, the ‘H’ Hotel and Merricks projects look like bombed out disaster sites that are a testament to the greed and incompetence of the Bajan political class. Another Barbados property investment disaster that sends the wrong message to the world.

It’s fine to say that Ames and his crooked friends are responsible – but they couldn’t have done it without the wholesale purchase of willing politicians in Barbados and throughout the Caribbean.

Professional Adviser: Guardian sues Harlequin investors over SIPP fees

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Last Harlequin update by Serious Fraud Office was July 2014

Harlequin Fraud Office

Harlequin Property
25 July 2014

The SFO investigation into The Harlequin Group continues. We have had several reports from worried investors who have recently received information from other sources to suggest that our investigation is now closed. This is not the case.  Due to the complex nature of our investigations and the fact that several overseas jurisdictions are included within the scope of those investigations, it is inevitable that delays in the process of gathering information and evidence will be and have been encountered. It is not possible to issue any more detailed information at this time. Once we are able to issue a further update we will do so.

Many thanks to those who have been in touch to register their details with us at confidential@sfo.gsi.gov.uk

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Will the Harlequin Resorts debacle explode in 2015?

David Ames - Harlequin's Ponzi King

David Ames – Harlequin’s Ponzi King

The numbers tell us one giant truth: From the start Harlequin was set up as nothing less than a Ponzi scheme requiring a constant influx of new victims to keep everything going.

Consider these numbers…

– Total “deposits” by victims: US$800 million

– Percentage of “deposits” paid as salary and sales commissions: 50%

– Percentage of “deposits” used to pay interest to earlier “investors”: 22% (estimated, see below)

– Number of units sold: 9,114

– Number of units built: 230

It might be worth Ames and his merry band of supporters considering to remain silent throughout 2015.

To do so would reduce if not eliminate the anti-Harlequin responses no matter how articulate and factual they may be, given that the anti-Harlequin posts in the main are merely responses to the incessant nauseating, repulsive litany of lies emanating from Harlequin and their supporters in their never ending quest to justify “at best” the gross incompetence and abject failure by the Ames family and staff of Harlequin to operate their businesses in a proper manner.

The constant need to allay the blame for the failures of the Ames family and management at Harlequin at the door step of others demonstrates that the Ames family and management of Harlequin are in serious trouble.

And that summary is giving Ames and his cohorts far more benefit of the doubt than the facts say they deserve. The only reason I can think of that they haven’t been arrested as yet is that the Serious Fraud Office has been overwhelmed by the planned worldwide chaotic nature of the fraud through only god knows how many different companies, coupled with legal contracts bearing so much fine print, inter-jurisdictional references and available outs for the criminals.

The resorts will most probably never get built, not in the lifetime of many of the purchasers victims.      
Continue reading

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Filed under Barbados, Barbados Tourism, Business, Consumer Issues, Crime & Law, Economy, Offshore Investments, Real Estate

Corrupt Barbados politicians prepare to expropriate widow’s land – probably for personal profits

Barbados Expropriation

How long must ordinary Bajans put up with corrupt politicians compulsorily acquiring private lands – to be converted into private profits for the political elites and their friends?

“Sobbing uncontrollably, his mother said she was afraid that her house and land would be taken away.” (Nation News)

Minister of Housing and Lands Denis Kellman harassing widow for her property for 18 years

Every Bajan has seen or heard about this before – sometimes involving family, friends or old Aunties. Mostly we keep our mouths shut.

We keep our mouths shut because we know how it is ’bout hey. We know that there is no place to go, and we have to spend the next 70 years on this little island, God willing. Better not to cross the powerful political and financial elites who can have all your family sacked from their jobs over a few months with a word here and there.

Yes, it’s that bad on any of these small islands, including Bim. The outside world over and away in the UK and the USA don’t know the truth about living here.

Denis Kellman has been after widow's land since 1996.

Denis Kellman has been after widow’s land since 1996 “for the public interest”

Politicians get into power and then they start hunting around for victims. Widows are always high on the hit list. Better if they are money poor and land rich with any adult children living over and away. Usually involves land that was once valuable in crops or far from the city but not worth too much these days unless… unless…

… unless the building permissions are changed by the government. Then scrub land becomes worth gold… but it never happens in the widow’s hands. Never. Never ever. Never.

So the government ‘compulsorily acquires’ the land for some “really important national purpose…” but maybe after the government owns the land for a few years, development doesn’t happen. Budget problems, ya see! So the government sells the land to private interests and sometimes for less than the purchase price.

When contacted, Kellman admitted that the land was earmarked for development purposes but refused to expand on that.”

Happens all the time… private lands seized by government for agricultural prices. Then the government flips the land to private interests for the same price, then the new owners sell it for thirty, forty or a hundred times the price paid the widow. But it is all engineered from the start. Happens all the time.

“My father bought this land in 1952, built this house in 1953 and he died in 1954 when I was only six years old, leaving this property for me and my mother…

Mr. Edwards said Minister of Housing and Lands Denis Kellman first approached him about the land in 1996.”

… from The Nation article Not Selling

Farmers are a second class of victim. Scrub land that used to be profitable, the farmer getting older and his children professionals or gone away with zero interest in agriculture. So the farmer applies for development permission. Once that permission comes through, his land is worth a fortune.

But it never comes through. He can wait 15 years but he’ll never get permission to develop his land. Then some ‘representatives for a consortium’ quietly approach him with an offer.  Continue reading

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With David and Matt Ames as mentors, expect great things from Colonial Capital Group PLC

“That’s quite a team!

With quite a track record: ruined lives, pensions destroyed, homes lost. Suicides. Marriage breakups. Families falling apart as the work of a lifetime vanishes.”

The Ames Gang rides again…

These guys just won’t quit.

Last March saw Harlequin’s Matthew Ames jailed for 40 months for his Forestry for Life fraud that took £1.6million from investors. Ames stole from the rich, from the poor, from widows and pipefitters.

Matt Ames was an equal opportunity swindler who dressed well and talked with such easy confidence that people immediately trusted him. And, hey… didn’t his family develop the acclaimed Harlequin Resorts? Yeah… shouldn’t be any problem with investing in Forestry For Life. Even James Middleton was in the picture! (Oh… you don’t know James? Ah… you might be more familiar with his sister Kate and brother-in-law William: as in “our future King and Queen”.)

One of Matt Ames’ colleagues at Forestry for Life was Kevin Neil – then on the rebound from seeing the High Court shut down his two property firms in the public interest – Agri Ventura PLC and Farm Venture Ltd. Neil was also the main figure in the CleanTech NRG financial collapse.

Three of Kevin Neil's CleanTech victims

Three of Kevin Neil’s CleanTech victims. Despite all Mr. Neil’s current directorships and past failed companies, we couldn’t find a photo of Mr. Neil. Can anyone assist?

The Mirror UK called Neil’s business a “Landbanking scam” and reported…   Continue reading

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Filed under Barbados, Business & Banking, Crime & Law, Ethics, Offshore Investments, Real Estate, Royal Family

Harlequin house of cards continues to fall

Dave Ames Harlequin Ponzi

David Ames – Harlequin CEO and Ponzi Scheme King!

Where does one start when considering the sad tale of ‘investors’ who trusted their life savings with the predators working to sell never-to-be-constructed resort units for Harlequin?

These predators (called ‘financial advisors’) received 9 percent of the sale price off the top – and that came from the client’s 30 percent deposit! The clients were not told that about a third of their deposit was going as a sales commission, because that would have been an instant indication to most folks that something was terribly wrong.

Harlequin bastards. Most of the ‘financial advisors’ were unregulated, uninsured and totally unqualified. The ‘investment vehicles’ were different corporations in different countries – obviously created for the sake of confusion, hiding money and avoiding liabilities. Often Harlequin sold units on land that it did not own.

The scams could only have been pulled off with the cooperation of elected and appointed government officials in the different countries.

Harlequin’s ‘business model’ (I use the term with a rising anger) was totally unsustainable and is proof that the whole Harlequin scheme was an intended scam from the start. Like any Ponzi scheme, Harlequin collapsed because payments to previous investors relied upon finding sufficient new suckers to swindle. Once the cracks start to appear and new investors shy away, these types of frauds unravel very quickly.

And so it was, and is, with Harlequin…

UK Financial Ombudsman Service sides with Harlequin victims

The recent Financial Times Advisor article ‘Financial Ombudsman Service – FOS decision on Harlequin must be tip of iceberg‘ tells the story of the next chapter well. One of the profiting scam artists, Harris Knights, has been ordered to compensate a ripped off couple in full…

“… the ombudsman has ordered Harris Knights to take ownership of the Harlequin investment and compensate the couple in full.”

Thailand Court sides with Harlequin Victims   
Continue reading

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Secret Harlequin Resort legal documents ‘found on London train’ – here they are!

Harlequin Fraud Office

Dear Barbados Free Press,

We were just coming of a train just outside London and we found a box of documents relating to “Due Diligence” of a company or companies called Harlequin, they appear to be developing resorts in the Caribbean so we feel this is probably a good place to show what we found, especially for anyone out there who might be interested in investing in Harlequin.

There are many files to upload so please bear with us.

This is a 70 page redacted interim intelligence report from Regulatory Legal Solicitors, it makes for pretty grim reading, we did not redact it, the documents are exactly as we found them on the train.

This is an interesting witness statement from Jim Baker contained in the due diligence documents apparently left on the train, by a guy who resembled Simon Terry, but it was dark so we could not be sure.

Seems to be a lot of people suing Dave and Carol Ames in the Courts in the UK, wonder why this was in the Due Diligence, Seems like Jim is saying that Harlequin are worth nothing.

Yours very truly,

Anonymous!

Editor’s Note

Okay, okay… we’re a little behind on things. Might have had a couple of lost nights in the tradition of Dick Van Dyke. (Loved him in Mary Poppins, nevermind the worst phony cockney accent in film history!) The “found on London train” comments and documents were all sent using one of those anonymous proxies, so we really have no way to tell who sent them to us or from what country.

We’ll upload the documents when we can below. We’ll do a few now and get to the rest in the morning right here…

Continue reading

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Filed under Barbados, Consumer Issues, Crime & Law, Offshore Investments, Real Estate, Uncategorized

Stop building on Buccament Bay flood plain – Death is coming again

Ricky Small cries for his dear wife Joselle, who was taken by the raging waters at Buccament Bay Resort.

Ricky Small cries for his dear wife Joselle, who was taken by the raging waters at Buccament Bay Resort.

by Peter Binose

The private housing development along the Buccament River, in fact beside the Buccament river in the flood plain, was going full speed when I visited last week. Express work is taking place on finishing about a dozen further units, with all stages in progress from start up on.

I walked with a family member of the land owners and builders, who told me the family is worried that they may be stopped from building. But he thought perhaps because of the relationship between them and the ULP leadership they had some considerable protection.

Considering the devastation caused by the December 2013 flooding it is unbelievable, perhaps even criminal, that the government has not stopped further building in an area which has been recorded as a disaster zone for centuries. The area is an ancient and modern floodplain, as shown by the follow records going back to 1876!  Continue reading

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Filed under Building Collapse, Disaster, Environment, Offshore Investments, Real Estate

Typical: 1/ Wall off the coast. 2/ Provide no parking for beach-goers. 3/ Advertise the beach to tourists.

Barbados Beach Problems (click photo for large)

Tear down these walls!

It’s a good thing there is no truth in advertising, for instead of showing the usual photos of bikini clad lovelies frolicking on the Bajan sand between blue sea and green foliage, we’d have to show a wall of concrete condos blocking the sun and the view – with nary a path for people to find their way to the beach.

Parking? You mek sport! Why would our esteemed leaders ever give a care to provide parking spots near the very beaches upon which this island’s economy depends?

Fools they are, and fools we are for letting them continue to sell every last piece of land with not a thought about what happens when large stretches of beach are inaccessible except to the few elites who can afford to live right there.

Unfinished concrete skeletons dot the coast. TEAR DOWN THESE WALLS and let the people access the beach!

Beach Bummer

IT IS fast becoming one of the most popular beaches in Barbados, especially among visitors, but there is a snag.

The beach, located along the busy highway at The Garden, St James, has no parking space. As a result, visitors park their vehicles along Storehouse Gap, just opposite the road leading to the beach, resulting in the two-lane road being restricted to one lane for traffic going in both directions…

Read it all in The Nation

(and thanks to The Nation for the photo)

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Letter to Trinidad & Tobago’s Registrar General – about fraudulent mortgages and fictitious deeds

Trinidad mortgage fraud

How did the Republic Bank let a mortgage under these circumstances?

Editor’s note: We received a copy of this email from an unverified person. Take everything with some salt, folks – but let’s have a look…

Dear Registrar,

I am writing to you in hopes that you can launch an investigation regarding the fraudulent mortgages and deeds that are registered in your data base.

The first is a deed of ascent, executed on 26Apr2006, by Carolyn Joefield with a deed # de200601162018.  It was verified on 05Aug 2010.

The second is a deed of conveyance executed on 24Jul2007, by Dexter James with a deed # de200703243051.  It was verified on 11Jan2008.

The last one is deed of conveyance executed 30Jan2009, by Evered Edwards with a deed # de200900680520.  Unfortunately, I do not have the date that this was verified for you.

“It is my belief that the following institutions willingly and knowingly used fictitious property descriptions and deeds of ascent and conveyance to acquire loans and steal property, my property included.”

It seems the 3 deeds mentioned above form part of an invisible estate that does not exist in reality, only on paper.  My question to the Registrar is, how did a Nyron Josefield, not Joefield, acquire a mortgage with Republic Bank using deed # 200601152018 on 19Oct2006?  The records clearly show that the deed that was used was only verified on 05Aug2010.  Continue reading

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BFP Reader warned in 2010: Harlequin’s Buccament Bay Resort built on a flood plain – Death and disaster predicted 3 years ago!

Buccament Bay Resort Flood Plain Death (click on photo for large)

“Alot of tricks. That Buccament Bay project in SVG is a disaster waiting to happen, it is constructed in a low lying flood plain between two mountains.

I expect to read any day that torential rains have washed the entire project, people and all, into the bloody sea.

Cellate and ICE Group could not build a pig pen for me.”

Barbados Free Press reader Gorillaphant comments July 25, 2010 on BFP’s Buccament Bay Resort: Harlequin alleges fraud, unsafe materials use…

Although BFP hasn’t heard from Harlequin Resorts solicitors, we see that Peter Binose and some other news outlets who published Peter Binose’s letter received some nasty communications indeed.

In for a penny, in for a pound and all that – and let the truth out.

“The greedy developers and government valued money over everything. They gambled with Joselle Small’s life – but it was Joselle, her husband and family who lost.”

Over three years ago on this very website, BFP reader Gorillaphant declared what any fool could see for hisself: Buccament Bay Resort is built on a flood plain between two mountains, so close to the sea and sea level that death and disaster was bound to come.

It was only a matter of when, not if.  Continue reading

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Harlequin Buccament Bay flood tragedy – Caused by Vincentian Government’s and developer’s greed and stupidity

Ricky Small cries for his dear wife Joselle, who was taken by the raging waters at Buccament Bay Resort.

Ricky Small cries for his dear wife Joselle, who was taken by the raging waters at Buccament Bay Resort: a tragedy predicted by writer Peter Binose. (photo courtesy I-Witness News, link at bottom of article)

“Several times over the last couple of years water has run through peoples houses in the village, something that had never happened before Harlequin resort was being built, this should have been a warning…”

“The original engineering has been compromised and the government planners are fully aware of such.”

“I knew as day follows night this was a tragedy waiting to happen.”

One Man’s Opinion…

by Peter Binose

Buccament Bay Resort was built on a known flood plane and areas that were known as swamp. Flooding of this area has been happening since the very beginning of the valley, which acts like a great funnel draining into the bay itself.

Everyone knew that, certainly the locals and most certainly the planners and government surveyors knew that.

The resort area had the richest soil of the whole island, silt carried there from present day and over millions of years. The farmers that farmed the area were used to seasonal flooding, their crops grown in the ultra fertile soil were the best produce money could buy.

Then along came a series of rich developers and they were driven from their land. Most of the farmers had purchased the land from the government. But that didn’t matter, the prime minister sought to regain the land and to sell it to developers. The farmers initially refused to give up such wonderful agricultural land, fully well knowing they would never find anything like it anywhere else on the island. Prime Minister Gonsalves took to shaming them into parting with their land by telling them they were standing in the way of progress of the island, by progress he meant destroying their farming practices and replacing them with a tourist product.

It was becoming obvious that agriculture was becoming less and less important to the ULP government, who considered tourism their crowning glory as an administration.

“I knew as day follows night this was a tragedy waiting to happen.”       Continue reading

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What happens when a U.S. citizen is willed property in Barbados… and wants to sell it?

barbados-offshore-money

Dear BFP,

Can any readers tell me what is the procedure if you sell property that was willed to you in Barbados, but you are a U.S. citizen. Do you get the funds in a bank check? Are there any regulations prohibiting the transfer of funds to the USA?

Thank you!

Name withheld by BFP editor

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Does Harlequin’s The Merricks have “full planning permission” or not? We have some doubts…

Merricks-Barbados-Bankrupt

Dave Ames says Merricks has “full planning permission” …

“Last month, Harlequin’s The Merricks Resort project in Barbados was finally granted full planning permission after years of protracted studies and work. It was initially anticipated that this process would be much quicker, but Harlequin has always kept purchasers updated with progress.”

Financial Times Adviser, Beleaguered Harlequin owed £30m by property buyers April 24, 2013

“Harlequin is delighted to announce that last week it received full planning permission for The Merricks Resort project in Barbados. There are normal conditions attached to the permission and our team is now working to ensure we have full compliance to allow us to commence works.”

Financial Times Adviser, Harlequin halts construction amid £9m legal battle April 9, 2013

BFP’s old friend St. George’s Dragon checked personally at the Planning Office and is not so sure…

Mr Ames announced at the investor meetings that Harlequin had received full planning for Merricks. I admit that I was skeptical about this so I thought I would drop into the Barbados Town & Country Planning Office this afternoon to check. It is possible for members of the public to check applications. The information you can see is limited, though. Continue reading

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