“We didn’t want anyone to be in doubt of what we were offering policyholders because dishonest agents, men who lied, could have destroyed the company.” Ray Dieffenthaller, a friend of Cyril Duprey. (Express, 28 August 2024.) The recent passing of Lawrence Duprey, a business titan, should cause us all to …
Read More »Noble: Heritage Stabilisation Fund Vibes—context needed urgently
“Grave fiscal irresponsibility!” was former Central Bank governor Jwala Rambarran’s characterization of the announcement of a US$900 million loss by the Heritage Stabilisation Fund (HSF). Invoking a dog whistle, he continued by saying that this spoke to the “incompetence of the Board”. Roodal Moonilal reminded us of Mrs Kamla Persad-Bissesar’s …
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