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Much can go wrong with Sagicor, lawyer says

Much can go wrong with Sagicor, lawyer says

An attorney-at-law who was connected to the commission of inquiry into the failed CL Financial and its affiliated companies has said that the complexity and structure of financial services giant, the Sagicor Group, present “so much possibilities which can go wrong”. Similar concerns were raised by the International Monetary Fund (IMF)in a recent explosive report […]

Move on

Move on

Financial services giant Sagicor, which last year moved its holding company to Bermuda after more than 170 years here, is preparing to establish a firmer footing in the British overseas territory located in the North Atlantic, according to a recent International Monetary Fund (IMF) report. The draft report on an October 9-13 mission here at […]

EU blacklisting is simply not fair, complains Sir Hilary

EU blacklisting is simply not fair, complains Sir Hilary

The University of the West Indies has condemned the recent European Union blacklisting of Barbados and four other Caribbean Community (CARICOM) financial centres as tax havens. Also included on the EU blacklist, which was issued on December 5 following ten months of investigations by EU officials, are Grenada, St Lucia, and Trinidad and Tobago. In […]

Principled stand

Principled stand

Barbados was among Caribbean Community (CARICOM) countries who today stood up to United States president Donald Trump by voting in support of a United Nations (UN) resolution condemning his recognition of Jerusalem as the capital of Israel. The resolution did not enjoy unanimous CARICOM support. However, the Freundel Stuart administration joined with more than 100 […]

14 injured in accident along John Beckles Drive

14 injured in accident along John Beckles Drive

Fourteen people were injured in a four-vehicle smash up this afternoon, along John Beckles Drive, St Michael. The accident, which occurred around 2:40 p.m., involved a route taxi, a fire truck and two motorcars. However, it was the driver, the conductor and 12 passengers aboard the route taxi who complained of mostly minor injuries following […]

Goodland resident facing murder charge

Goodland resident facing murder charge

A 33-year-old man is to appear in the District ‘A’ Magistrates’ Court today charged with the murder of 52-year-old Tyrone McDonald Babb of Goodland Main Road, St Michael. He is Anthony Winston Alleyne,  of 1st Ave, Goodland, St Michael, who was allegedly involved in an altercation with Babb at the same location last Friday. The […]

Two held for Brittons Hill robbery

Two held for Brittons Hill robbery

Two men are to appear in the District ‘A’ Magistrates’ Court today charged in connection with last Saturday’s robbery of 50-year-old David Benn, of Britton Cross Road, Brittons Hill,  St Michael, and six of his customers.   They are 21-year-old Adrian Romario Mottley, of #13, Watermill Place, Bayville, St Michael, and 16-year-old Ajani Anthony Brathwaite, […]

Retired BIDC workers win case against Govt

Retired BIDC workers win case against Govt

The Freundel Stuart administration has been ordered by the High Court to pay yet-to-be-determined damages to seven employees of the state-owned Barbados Investment and Development Corporation (BIDC) who were forced into early retirement in August 2015. The decision was handed down this afternoon in the Number 5 Supreme Court by Madame Justice Jacqueline Cornelius, nearly […]

Hyatt blow

Hyatt blow

The way is now clear for attorney-at-law and social activist David Comissiong to legally challenge the decision by Prime Minister Freundel Stuart, in his capacity as Minister responsible for Town Planning, to approve construction of the controversial $200 million Hyatt Centric Resort on Bay Street, The City. High Court judge Madame Justice Dr Sonia Richards […]