• Today
    January 28

  • 09:53 PM

CLICO move

SANKA PRICE,

Added 01 February 2015

leroyparrisclico

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.

JOIN THE DISCUSSION

Dos and Donts


Welcome to our discussion forum here on nationnews.com. We encourage lively debate, but we also urge you to take note of the following:

  • Stay on topic – This helps keep the thread focused on the discussion at hand. If you would like to discuss another topic, look for a relevant article.
  • Be respectful – Meeting differences of opinion with civil discussion encourages multiple perspectives and a positive commenting environment.
  • Do not type in capitals – In addition to being considered “shouting” it is also difficult to read.
  • All comments will be moderated – Given the volume of comments each day, this may take some time. So please be patient.
  • We reserve the right to remove comments – Comments that we find to be abusive, spam, libellous, hateful, off-topic or harassing may be removed.
  • Reproduction of comments – Some of your comments may be reproduced on the website or in our daily newspapers. We will use the handle, not your email address.
  • Do not advertise – Please contact our Advertising Department.
  • Contact our Online Editor if you have questions or concerns.
  • Read our full Commenting Policy and Terms of Use.
comments powered by Disqus

POLL

Do you believe Barbados is equipped to handle an outbreak of a major virus or disease?

Yes
No

FRONT COVER OF TODAY'S NEWSPAPER

CARTOON

INSTAGRAM