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Monday, February 7

Clico stand

NationNews Barbados "The task of cleaning up the “mess” at CLICO must await the appointment of a judicial manager by the court.

That’s the word from Minister of Finance Chris Sinckler, who says he intends to make a ministerial statement about the matter shortly.

According to Sinckler, the Freundel Stuart administration would remain stymied when it comes to what it can say and do about CLICO until there is court action.

But once that happens, Government will seek to ease people’s fears about the CLICO debacle and explain what’s being done to protect hundreds of millions of dollars in investments in Barbados, he reported.
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