Tag Archives: Barbados Corrupt Politics

Ping Yark: Michael Carrington should resign, but the Prime Minister is protecting his friend

Barbados Freundel Stuart

(click cartoon to enlarge)

Michael Carrington: Lawyer. Member of Parliament. Speaker of the House.

This guy has got more front more front than Harrods!

It was not until he was ordered by the High Court to return $250k to a client that he did so. Recently though the man has had the audacity to imply it is he who is the victim … and has publicly stated he paid the money back so can’t understand what all the fuss is about!

Really, Mr. Carrington?

Mr. Joe Public or any of his relatives would’ve been incarcerated long ago for theft – another lawyer was recently disbarred for very similar breaches …but this guy seems to have escaped punishment, sanction or even investigation by either the government or the Bar Association. Carrington remains an MP, a lawyer and Speaker of the House despite local and international demands for his resignation.

We can only speculate why Michael Carrington still in post – so here goes – maybe he excels so spectacularly but quietly behind the scenes that he is rendered absolutely irreplaceable …or maybe he has really important and powerful friends… or maybe he knows where the cupboards are that hides lots and lots and lots of skeletons …or maybe… it’s all the above!

Michael Carrington should resign – common decency demands it – but what would he do then? Punters wanting legal services, in property matters especially, will learn that it would be the height of folly to trust Michael with a cocoa bean let alone a red cent – so lawyering is out. Google or any half decent search engine will help see to that – all that’s left for him is politics, for now. Hopefully though the electorate will remember when that time comes around again.

So Michael: Do the reputation of the DLP, the country and yourself a massive favour … and sod off!

The new issue of Ping Yark has hit the streets. Always irreverent, always interesting to Bajans at home and over and away.

Download the PDF right here…  Ping Yark 4 megabytes

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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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Barbados Attorney General admits Integrity Legislation is dead, dead, dead

When this article was first published in July of 2012, Attorney General Adriel Brathwaite was still lying to the people that his DLP government really intended to enact the long promised Integrity Legislation.
That was then. Today Brathwaite and the DLP don’t even bother to promise. They lied, we elected them. They lied again and we elected them again. Bajan politicians: laughing all the way to the bank… in Switzerland.

Barbados Free Press

Integrity Legislation has no chance and Adriel Brathwaite knows it!

Hey folks:

The Bajan news media isn’t carrying the real story. The Nation and the rest are repeating the government line like they rely upon the government advertising to survive…

Oh… wait… The mainstream Bajan news outlets do rely upon government advertising to survive! Do you think that impacts their editorial decisions? We think it does and that any citizen can see that our news media isn’t giving us the truth. Here at BFP we say that the Bajan news media sold their souls a long time ago and consequently the public is fed a version of the news that is less than citizens deserve.

Attorney General Adrel Brathwaite says:

“Legislatively, we have the anti-corruption legislation which is before a joint committee of Parliament. We had promised that we would have that done before the end of the year. It’s…

View original post 2,772 more words

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Promises and Lies… Who can tell the difference anymore?

Hey… see the nice lady giving David Thompson a hug? She believed his promises in the DLP’s “Pathways to Progress” 2007 election manifesto. Nice lady, but a sucker like the rest of us. Continue reading

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Barbados High Court Justice, Supermodel Jodie Kidd’s Father Both Caught Breaking Law – Corporate Records Funny Business Surfaces During Land Fraud Trial

UPDATE: May 9, 2010

We saw on Google alerts that Polo champion Jack Kidd’s fiancee Callie Moore has announced she is pregnant – just months after the couple cancelled their planned summer wedding.”

Congratulations to Jack and Callie!

The Kidds are one of Bim’s upper crust families and we’ll point out that they have done so much good. Nonetheless, they’ve had their ups and downs and we follow the family’s news with the interest that comes with all celebrity. We admit it!

So… which old story to feature?

We searched our own database for Kidd stories and we came up with a few. This is the one we’ve chosen to leave at the top for a few days. If you want to see them all, search “KIDD” in the little box at the top right and you’ll have them all.

Meanwhile, I’ll listen to “Let it be” from my father’s old LP collection (LPs !!!!) and you can read this article from August 4, 2009…

Actions of Barbados High Court Justice Elneth Kentish & Businessman Johnny Kidd Are What President Obama Warned About!

President Obama Targets Offshore Tax Havens

President Obama Targets Offshore Tax Havens that don't enforce corporate standards.

The Obama Administration is on the offensive against offshore banking jurisdictions like Barbados – in part because Barbados often allows corporations to play fast and wild with the few laws we do have about records keeping and accountability.

Most readers of Barbados blogs are somewhat familiar with the story of the Kingsland Estates dispute and the fraud allegations and trials concerning a billion dollars of prime Barbados real estate that have been going on for some years now.

We don’t intend to go into the details at this time except to note that the story continues and will not die. (For background see BFP’s How One Of The Richest Women In Barbados Was Robbed Of Everything By Scheming Lawyers, Politicians and Government Insiders)

Corporate Laws ignored by Judges, Other Powerful People in Barbados

The one thing that Barbadians and others have learned from following the story is how the powerful people on one side of the case keep violating Barbados laws concerning corporate records and never get charged with any offense for re-writing history whenever it suits their purposes.

The latest case of this lawbreaking has just been posted over at Keltruth blog – complete with copies of the corporate records that prove yet another Barbados judge has been caught fooling around with the truth and violating the law to do it. (See Keltruth’s article: Company Breaks Law – Barbados High Court Judge Involved)

It works like this: whenever a corporation owned by Barbados big-ups is involved in any legal fracas, it is not unusual for the corporate records to be changed retroactively, even years later. Someone will be sued and back will come the corporate record showing that person resigned from the corporation YEARS AGO – but they just “forgot” to put in the legal paperwork about that despite the law says they must do so immediately. Continue reading

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Mottley Barbados Labour Party Demands Answers About CLICO & Sam Lord’s – Too Bad The BLP Weren’t So Committed To Transparency When They Formed The Government!

Mia was always happy to meet a fellow despot.

When Deputy Prime Minister, Mia Mottley was always happy to meet a fellow despot.

Mia Mottley and her band of deposed, dethroned and defeated government despots make for just about the poorest quality official opposition that Barbados has suffered under in many a year.

The trouble with the BLP and Mottley as Her Majesty’s Loyal Opposition is, of course, that the defeated BLP Arthur/Mottley government is generally acknowledged to have been the most corrupt and despotic bunch of politicians this country has seen since independence…

… and that is saying quite a bit!

Whether it was Minister of Public Works Gline Clarke building a house for his mistress on land that his government expropriated for “public housing”, Mia Mottley calling for talk shows and blogs to be censored, Tourism Minister Noel Lynch storming off a radio show because a listener asked how Minister Lynch became a millionaire on a government salary – or any number of other scandals, hardly a week went by without the BLP government exhibiting some new corruption.

So Mia Mottley and the gang don’t have much credibility to stand up and criticize the Thompson government for being pretty much as corrupt as the BLP government was. I mean… what is Mottley going to do? Complain that Thompson hasn’t kept his promise about Freedom of Information legislation when Mottley’s BLP didn’t introduce such laws in fourteen years of majority government? Ha… Thompson would laugh and say “De fat one mek sport!”

So the tendency is to marginalise and ignore the BLP Opposition, and we at BFP understand that because we mostly ignore them too – just like the Thompson government ignores them.

But…

We Should Listen To What Mottley & The BLP Say About CLICO and Sam Lord’s Castle…

Here is what Mottley and the BLP have to say about the government’s compulsory aquisition of Sam Lord’s Castle. The article was originally published in the Barbados Advocate and also circulated as a BLP emailed newsletter. When you read the article, put aside your thoughts about the BLP being corrupt themselves… and just go on the merits of the article itself.

So read the article and then, let’s talk… because this corruption from the Thompson DLP government isn’t getting any better…

BLP column: That Sam Lord’s conundrum

7/27/2009

Why is the David Thompson Administration rushing to compulsorily acquire Sam Lord’s Castle from Clico? This is the question Barbadians want answered today. After all the promises of open Government, how is it that Barbadians first learnt of the acquisition through a Section 3 notice published only in the Barbados Advocate?

Why, despite his promises of transparency, has the Prime Minister not kept the country up to date on the state of Clico’s affairs in Barbados? Why has he neglected for months the concerns of Barbadian investors and policyholders, who are unable to get their money and who do not know what is going on?

How is it that the OECS regulators are moving to place the CL Financial subsidiary – British American – under judicial management in the Eastern Caribbean, but here in Barbados, despite repeated calls from the Leader of the Opposition, Mia Mottley, that is not an appropriate remedy for our own people?

Why is it that the Memorandum of Understanding with Clico still has not been made public as it was in Trinidad & Tobago? What are the terms of reference of the Oversight Committee? Why has the Oversight Committee not invited offers for the Sam Lord’s property from the private sector, when interest has been expressed in that quarter? And why, after criticising the Owen Arthur Administration for investing in Gems, is the David Thompson Administration now seeking to compulsorily acquire a dilapidated castle without any plan for its development? The cart before the horse syndrome has risen to new heights on this deal, even by Democratic Labour Party standards. Continue reading

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Barbados Supervisor Of Insurance Announces $2,500 Voluntary Fine For Infractions… That Should Stop Multi-Million Dollar Insurance Frauds Like CLICO!

Prior to being appointed to his regulatory position, (Barbados Supervisor of Insurance) Carlos Belgrave was the General Manager of a local company that manufactures “flour, animal and poultry feeds”  … from OffshoreAlert’s 2006 “Worst Regulator” Award

Prior to being appointed to his regulatory position, (Barbados Supervisor of Insurance) Carlos Belgrave was the General Manager of a local company that manufactures “flour, animal and poultry feeds” … from OffshoreAlert’s 2006 “Worst Regulator” Award

Carlos Belgrave, Former Chicken Feed Manager, Sets The Standard For Barbados Insurance Industry

The recent collapse of the CLICO insurance company exposed the fact that successive Barbados governments have allowed insurance companies and offshore corporations to pretty much do as they please so long as those political campaign donations, kickbacks and business jet rides keep rolling in.

But now that the world’s attention has come to focus upon our failings, Barbados decided to make some noises so investors and other governments will believe we’ve taken effective measures to supervise our offshore insurance industry. The key here is that we haven’t taken any new steps… we just make noises and promises so others will be taken in and believe that things have changed in Barbados.

The sham press conference by Barbados Supervisor of Insurance was all about repairing investor confidence after the CLICO debacle – not about real change to protect investors & policy holders

To kick things off, our Supervisor of Insurance held a press conference (Nation News article) announcing that the General Insurance Association of Barbados (GIAB) members have agreed to some voluntary standards that may be enforced by a $2,500 fine. It is hoped that maybe, sometime in the future, these voluntary standards might possibly become law in Barbados. Maybe. If. Sometime.

Judging by the accounts in the local news rags, the revelations at the press conference were shocking – but true to form the Barbados media spun an outrageous admission of incompetence, guilt and amateurism into a positive story. In truth, the Barbados Supervisor of Insurance admitted that Barbados lacks effective standards in law respecting the financial health, financial management and financial strength of insurance companies. (Barbados Advocate coverage of press conference here)

CLICO investors and policy holders probably thought we had such standards as laws – but they thought wrong.

But hey, we’re going to put those laws in place. Someday, maybe, if… but for now the Barbados insurance companies promise to volunteer to maintain those standards or risk having to pay (again voluntarily) a whopping BDS$2,500 (US$1,250) fine. Wow! That should prevent another CLICO-type collapse, don’t you think?

Our lack of rules, laws or effective oversight is what allowed a healthy insurance company like CLICO Barbados to “invest” in huge loans to parent company CL Financial and other Clico companies – loans that were secured by way-overvalued swampland in Florida. Loans secured by deals where executives of CLICO-associated companies took secret commissions and kickbacks for engineering the over-payment for swampland!

See our articles about the CLICO fraud…

CL Financial, CLICO Fraud Report: Dummy Company, Phantom “Consultancy” Payments, Vanishing Money Transfers From Company To Company

EXCLUSIVE REPORT BY BARBADOS FREE PRESS: CL Financial Group Collapse – Insiders Took Bribes To Have Company Purchase Land For More Than Market Value!

A US$3 Million Florida Mansion Belonging To CL Financial Director - Thanks For The Bailout, Prime Minister Thompson!

One of many: A US$3 Million Florida mansion belonging to CL Financial Director - Thanks for the bailout, Prime Minister Thompson!

Meanwhile, the Directors of CL Financial were purchasing millions of dollars of prime, upscale Florida waterfront mansions for their own enjoyment and profit.

That is the legacy of two successive Barbados governments and our Supervisor of Insurance, Carlos Belgrave.

Now Belgrave says he wants to make a law requiring minimum capital standards for insurance companies. Hopefully Belgrave no longer accepts “bearer peat certificates” as security for capital! Such standards saw Belgrave named in 2006 as the “worst regulator” by Offshore Alert.

The CLICO Chicken Came Home To Roost

A Chicken Named CLICO

A Chicken Named CLICO

In the case of CLICO, the Barbados insurance company was allowed to operate for years without sufficient cash reserves – and no one thought it dangerous when a otherwise healthy CLICO loaned all kinds of money to its parent company to purchase swampland in Florida at a price that greatly exceeded the real value of the land!

Not to be outdone by the previous BLP Government for looking after friends and concealing the truth from the public, current Prime Minister David Thompson has pledged millions of your tax dollars to assist collapsed CLICO. Oh… did you know that the Prime Minister and CLICO CEO Leroy Parris are godfathers to each other’s child? Did you know that CLICO contributed to the DLP election campaign and that David Thompson borrowed CLICO’s business jet?

All a coincidence I’m sure as the Prime Minister works diligently to socialize Clico’s losses with our tax dollars.

You know the drill for the Prime Minister’s friends: Profits are private, but losses are paid for with your public tax dollars!

Barbados Supervisor Of Insurance Carlos Belgrave Approved US$ Half A Billion Insurance Assets That Were “Bearer Peat Certificates” !

Instead of pulling Reliant’s license and despite there being no change of control or management, Belgrave allowed Reliant to continue in business by approving replacement capital with a face value of $518 million that consisted of nothing more substantial than a loan note issued by a newly-formed Panama firm that was secured by “bearer peat certificates representing the right to obtain peat, a pre-coal state organic material used as energy or for horticultural use, from the Changuinola Peat Deposit of Northwestern Panama”…

… quoted from Offshore Alert in the BFP Article: Carlos Belgrave, Supervisor of Insurance and Pensions in Barbados, Called “Worst Regulator” By OffshoreAlert

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