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Parris’ money vigil continues

The Appeal Court Thursday reserved judgment in embattled former CLICO Executive Chairman Leroy Parris’ case seeking to have access to his $4.5 million bank account that has been frozen by the High Court since January last year.

Lawyers for both Parris and CLICO Judicial Manager Deloitte Consulting argued before the court for six hours before the panel advised that the ruling would be handed down at a later date.   

Leroy Paris

Leroy Paris

Justice William Chandler froze the assets on January 27, 2015 in an ex parte case brought against Parris and his company Branlee Consulting by the CLICO Judicial Manager, as well as the estate of late Prime Minister David Thompson, represented by his widow Mara Thompson.

A forensic audit had alleged that Parris had obtained $3.3 million from CLICO through a fraudulent transaction.

Following Chandler’s order, the former insurance boss had complained that it had created “hardship” on him and the company.

7 Responses to Parris’ money vigil continues

  1. Tony Webster October 28, 2016 at 5:07 am

    Cuddear… his well-known friend ought to bestir himself, and offer some solace. Such anguish…such worry, it’s almost cruel. I mean, the man must be reduced to eating Eclipse biscuits!

    I note the term “fraudulent” to describe a certain infamous transaction: was the Court-Appointed Manager required to report such to the R.B.P.F.?? If not, could they nevertheless do so, as a Good Bajan, and as a creature presumably with Christian conscience? You know, effin no “report” made to the police…no action. And please, Kinds Sirs, do so BEFORE the gentleman’s lawyers might prevail, and the funds take flight to more friendly climes.

    Reply
  2. vad50 October 28, 2016 at 6:32 am

    It is my hope that the money either remains frozen; or the court uses it to pay the clients that he caused harm to. The nerve. I have no sympathy for him.

    Reply
  3. Alex Alleyne October 28, 2016 at 6:34 am

    Simple, as soon as I get mine , you could have yours.

    Reply
  4. BoboTheClown October 28, 2016 at 12:39 pm

    He still free ? Well i know bajans love misery . He should be fed Salt Fish and wibix.
    Hey, Hey, big spender. Keep what you got and let the people that got the pointed end of the stick divide that, that is frozen.

    Reply
  5. Hal Austin October 28, 2016 at 2:38 pm

    Parris is a victim of a class-based, envious, spiteful society.

    Reply
  6. Sunshine Sunny Shine October 28, 2016 at 3:44 pm

    You people are really taken up with this Parris make-believe case. This so call prolonging of the agony will still end up with Parris getting his money and living as he is living now. Report or no report, the court system is doing what it does best.

    Reply
  7. Phil October 28, 2016 at 9:28 pm

    Good news for you suffering investors. Leroy Parris is going to die. He has to. and He cannot take one single cent of that $45 million with him. So, Let it go man, You people must understand that Insurance business and purchasing of shares are all RISK taking ventures. Live with your pain.

    And when this happens He leaves this world EMPTY HANDED

    Reply

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