Kaieteur News: "The Barbados Nation has reported that a High Court judge has granted an ex-parte injunction to the Central Bank of Trinidad and Tobago (CBTT) and the Colonial Life Insurance Company Limited (CLICO) preventing the embattled conglomerate CL Financial from conducting any local or international business with its assets.
CL Financial Group finance director Michael Carballo said he was surprised at the move by the CBTT, according to the Barbados Nation.
“I can confirm that since the intervention by the Central Bank…CL Financial has not dealt with, or disposed of any assets held by CL Financial…”"
CL Financial Group finance director Michael Carballo said he was surprised at the move by the CBTT, according to the Barbados Nation.
“I can confirm that since the intervention by the Central Bank…CL Financial has not dealt with, or disposed of any assets held by CL Financial…”"
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