Nation News - Home: "SEVERAL ACTIONS taken by chairman of CLICO Holdings (Barbados) Limited, Leroy Parris, have been red-flagged by head of the Oversight Committee set up by Government to supervise the sale of three of CLICO's subsidiaries.
Permanent Secretary in the Ministry of Finance, William Layne, told the SUNDAY SUN yesterday that two matured deposits withdrawn by Parris from the subsidiary company Clico Mortgage and Finance Corporation (CMFC) were worth over a quarter million dollars.
'. . . He withdrew two deposits in CMFC in the sums of BDS$129 827.74 and $136 776.58, respectively, when they matured on December 3, 2009 and January 8, 2010,' Layne said."