• Today
    January 28

  • 09:53 PM

CLICO move


Added 01 February 2015


Leroy Parris

A HIGH COURT ACTION has been started by Clico International Life (Clico) through its judicial manager Deloitte Consulting Limited, to recover $3.333 million from Leroy Parris, Branlee Consulting Services and the estate of late Prime Minister David Thompson.

The claim form, 99/2015, was filed on Thursday. It says that Parris and Branlee, both of Dayrells Heights, St Michael, and the estate of Thompson, represented by his widow, Mara, should account to Clico for that money.

Parris is the former chairman of Clico International Life Insurance Limited and Clico Holdings Barbados Limited (CHBL), while David Thompson was the attorney for the company.

According to the filed statement of the claim, Clico International Life Insurance Limited is alleging that on January 16, 2009, Parris “in breach of fiduciary duty and/or in breach of trust” procured a Clico cheque, number 92, in the amount of $3 333 000 to Thompson & Associates.

Please read the full story in today's Sunday Sun, or in the eNATION edition.


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