Tag Archives: CLICO

CLICO commissioner Sir Anthony Colman has had enough of former finance director Andre Monteil’s refusals to testify before the commission of enquiry and, according to the Trinidad Express, is set to launch criminal proceedings. No one, not even a millionaire with political connections, is above the law. So exactly how …

Canadian resident Gene Dziadyk, a former CLICO CEO, knows a thing about Trinidad and Tobago’s seedy criminal underworld after moving to the two-island republic in 2001. But the merciless bandits that scare him most don’t live in “hot spot” areas. “Some people say Trinidad is a lawless country (with) crime …

COP chairman Joseph Toney presumably stunned reporters yesterday with news that he has discovered time travel. Toney was recently handed a legal brief for the CLICO Commission of Enquiry by Finance Minister Larry Howai in what COP Leader Prakash Ramadhar described as a fair move. It only required the allegedly …

At least one body is celebrating a turn of events within the CLICO fiasco today; and it isn’t the long-suffering shareholders. Over 100 shareholders are yet to recoup millions in losses, three years after CLICO crashed, while Senior Counsel Fyard Hosein claimed to have received no explanation for being suddenly …

Former CLICO Corporate Secretary Geoffrey Leid set a new standard for positive thinking by denying that the bankrupt insurance company has failed its shareholders. He conceded that CLICO did have “liquidity woes.” Wired868 cannot confirm that Leid also revealed that the Titanic was not a nautical disaster but is just …

Oh, the obsession with courtroom drama. It seems my twelve year old son shares this affliction with the rest of us. The fact that the media outlets have been focused on quite a number of Commission of Enquiries and a few high profile cases involving civil lawsuits has accounted for …

Former Finance Minister Karen Nunez-Tesheira claimed yesterday, during the State enquiry into the billion dollar collapse of insurance giants CLICO, that she was in the dark about everything—including her own actions. Nunez-Tesheira and her sister broke their deposits four weeks before the company crashed. She insisted that her actions were …