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CLICO liquidation: 2000 policy holders could have been paid by yearend-govt. official complains

Kaieteur News: "Policyholders hoping for an early conclusion to the liquidation of the CLICO Guyana are facing another setback with the court on Wednesday ordering a temporary stay of proceedings after the company asked that Chief Justice (ag), Ian Chang, recuse himself from the case.
And a top government official, who asked not to be named, said that had government had its way, more than 2,000 policy holders would have been paid by this Christmas.
CLICO Guyana, through its lawyer, Roysdale Forde, on Wednesday, was granted the stay of proceedings by Justice Franklin Holder after a Writ of Summons and Ex-Parte Application was filed on last week Thursday. The matter comes up again on January 12."

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