BLP statement on sale of BNTCL

The Barbados Labour Party (BLP) has issued the following statement on the sale of the Barbados National Terminal Company Ltd (BNTCL):

FULL STATEMENT

It is our understanding that the Fair Trading Commission has made its decision on the sale of the Barbados National Terminal Co Ltd (BNTCL)

The sale of that entity, like the imminent sale of the Barbados Hilton, constitutes the gasping for air on the part of a dying administration.

At best the sale of these entities may equate to about two to three weeks foreign exchange reserves cover. Though this will give a little elbow room for the Minister of Finance, it will not remove the problems we face.

The reality of Barbados’ fiscal position is dire and is not going to be adequately transformed by this administration’s desperation by selling off our most valuable family silver.

We need to have long ago implemented a serious regime of financial discipline and to have stood by it.

At this late stage, beyond a regime of financial discipline, Barbados also now desperately needs an opportunity for all of us as stakeholders to have a chance to say whether we have confidence in the several failed attempts by the Minister of Finance to turn the financial situation around.

Equally, and by extension, the country also needs the opportunity for a breath of assurance that can only come from virtue of an electoral exercise at the national level, and the reposing of fresh confidence in a new administration.

Kerrie Symmonds

Shadow Minister of Industry, Commerce & International Business

24 Responses to BLP statement on sale of BNTCL

  1. Ras November 25, 2017 at 12:57 pm

    I wonder if Kerrie Symmonds
    Shadow Minister of Industry, Commerce & International Business also has a statement on Domestic abuse also.

    Reply
    • Kevin November 25, 2017 at 2:46 pm

      Lol

      Reply
      • milli watt November 25, 2017 at 11:02 pm

        ouch……2 Ras NASTY

        Reply
  2. archy perch November 25, 2017 at 1:27 pm

    Come on Kerrie swallow your pride and praise the government of the DLP for this success. This truth of this achievement is lodged in the third paragraph of your hurried BLP statement. But you must work the spin, I understand. Now if your friends in the business world, like Herbert, Abed and all those who represent organisations that owe the government the 900 million dollars VAT money, would just pay up, Barbados and Barbadians would be rejoicing. No, these groups are waiting and holding back moneys,hoping that the crooked Barbados Labour Party that you left the DLP and joined Kerrie,would get its paws back on the reigns of government.But Kerrie, tell me, you and Georgie still part of a team planning for Mia. I know that you know that you will NOT be included in any Cabinet formed by her. I mean, just look at the way she kicked your arse from that big position you had as the BLP whip and installed someone that you taught the ropes to. Total disrespect Kerrie, total disrespect. I do not think I could get over that so easily if I were in your position. But then again you are accustomed to women kicking your butt.

    Reply
  3. Mackar November 25, 2017 at 5:49 pm

    Could some one tell me , when we sell off all we have. Then what the people of Barbados will be left with?????????

    Reply
    • Jennifer November 25, 2017 at 7:02 pm

      Head and belly, degrees and servitude This people as blind as bats. Mind you there are so many ways money can be made in bim and ways that so much wastage which can be avoided.

      Reply
    • milli watt November 25, 2017 at 11:03 pm

      themselves………..don’t like dem prospects at all

      Reply
  4. Greengiant November 25, 2017 at 6:16 pm

    They never had any statement when the BLP under Arthur was selling out Barbados too.

    @archy perch: You’re right he should be shadowing the portfolio of gender affairs and giving a statement on domestic violence. He’s an expert on that topic.

    All roads lead to Independence Square in the next 45 minutes to hear Solutions Barbados. I have no time for the DLP or BLP.

    Reply
  5. Patrick November 25, 2017 at 6:31 pm

    These clowns are blocking everything to bring investment to Barbados; I am sick of them

    Reply
  6. Saga Boy November 25, 2017 at 9:26 pm

    In the end we all hurt when they block investments. They do this all in the name of acquiring power and more money for themselves.

    @Greengiant.

    I agree with you. Arthur sold the BNB. The great economist as he was. The DLP opposed the sale but he did not listen. Since then that bank has turned significant profits.

    Can he contribute positively to anything on domestic violence? Perhaps he will surprise us all by publicly apologizing to his ex?

    Reply
  7. milli watt November 25, 2017 at 11:05 pm

    forget about the deal it done…..we going court back over to Chris.FTC manage to walk away from that quietly

    Reply
  8. Carson C. Cadogan November 26, 2017 at 12:54 am

    Is this the man who cut up his wife’s car seats????

    Reply
  9. Patrick November 26, 2017 at 6:28 am

    Same man!! I would like to.hear him talk about domestic violence

    Reply
  10. chris hill November 26, 2017 at 7:19 am

    i would like people to stop attacking and stick to the problem. selling the oil terminal to SOL because Sir S lent the DLP money does not constitute to own a monopoly on the fuel sales in Bim. Selling the last that Bqrbqdos has means that the minister has failed miserably, time to go Chris.

    Reply
  11. Lorenzo November 26, 2017 at 7:30 am

    Saga boy ,Ras,CCC,why don,t you all stick to the topic and say if what Mr Symmonds says is true or not?This gutter behavior you Dems like is uncalled for take Mara Thompson,s advice,the man,s wife is nothing to do with the topic.

    Reply
    • Ras November 26, 2017 at 10:17 am

      Lorenzaaa girl stop call mi name, yuh see mi seh anything about Andrea Nicole Symmonds

      Reply
  12. Roverp November 26, 2017 at 7:44 am

    The idea of selling off assets instead of loss making entities show the lack of WISDOM and VISION that we have had in this country for decades. We are going downhill because of our ABSOLUTE FOLLY in our IDEAS and THINKING. We also have a problem of small minded thinking in discussing people instead of ideas. I pray that we wake up to the idea of GOD and the fact that GOD freely gives WISDOM. If we do not we are a country destined to FALL as PRIDE and total lack of wisdom comes before a FALL!

    Reply
  13. Carson C Cadogan November 26, 2017 at 7:55 am

    Why wont he write a Letter on Domestic violence????

    Reply
  14. Elvis Sobers November 26, 2017 at 8:51 am

    all i got to say now..is it will be unfair of this government or any other govermment to sell the terminal to sol and not consider rubis, especially if they got the money as well..a buy out is a buy out, a bail out is a sell out in this case if sold to sol..the prime minister said that this country is not a banana republic when he had to pay thousands to the jamaican woman shaniq meyers..now he will have to pay millions to rubis..mark my words..more waste money..that we taxpayers got to pay..just like barat..just like cow..just like me..if i dont get my nis when i need it..get pon my tv talking bout nis is ya lifeline..yet in hard times changing he expensive state car..because he went to school and learn to be prime minister..at a time when he people bleeding..i want the DLP gone..no forsight..no vision..empty promises..with imminent breakdown in our social structure..and national pride..and no balls to do the right thing..for fear of political suicide..sounds like a banana republic to me.

    Reply
  15. Lorenzo November 26, 2017 at 10:52 am

    Ras typical lowlife classless behavior no wonder Mara Thompson ain,t running again ,she probably sick of your behavior.Let me tell you this straight all the sodomite talk you coming with ain,t going to save you RH come elections Go check on the life styles of some of your own.Put that in ya pipe and smoke it moron.

    Reply
  16. Ras November 26, 2017 at 11:36 am

    Lorenzaa, girl don’t hold up yuh skirt so high
    I sending ma family fuh some vegetables later don’t give dem none dat had stool fuh manure

    Reply
  17. archy perch November 26, 2017 at 2:45 pm

    Lorenzo Lorenzo Lorenzo. Did you listen to crooked Liz Thompson at the crooked Barbados Labour Party 79th annual general conference. Did you hear the smut she let go on a host of people? Did you see her crocodile tears on her besotted fat face. Did you also see her excellent award winning acting as if performing at NIFCA? Would you say she engaged in gutter behaviour Lorenzo or that her mind was in the gutter.

    Reply
  18. Lorenzo November 26, 2017 at 6:19 pm

    Ras poor you can,t climb out the gutter,you were a slow learner at schoop I suspect as you still behaving like a five year old.When you done with the comedy Mr Symonds statement ain,t changing.However when you Dems cannot counter an argument you start attacking the messenger but this is my final comment to you moron I want to hear you after the Elections because I know a lot of you will catah heart failure and go underground.

    Reply
  19. Lorenzo November 26, 2017 at 6:29 pm

    Archy Perch I did not hear Mrs Thompsonbut I know Ms Thompson well enough to know that if wanna Dems want to go in the gutter against Ms Mottley that she will give you all as good as wanna give.The problem with wanna is you all k\like to attack people but cry foul when it comes back at you.As I told some of you when you live in a glass house do not throw stonesbecause when you throw one ten coming back at you.Ms Thompson ain,t easy and I believe eshe just getting started so put on wannu helmets because as the Elections nears there is going to be reall blows to come.

    Reply

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