T&T Guardian - Where the money gone?
Lawyers and auditors are working feverishly to find out what has happened to more than $5 billion from Clico’s Statutory Fund. And irate Clico employees—who were told by the company’s newly appointed managing director, Claude Musaib-Ali on Wednesday, that they did not know where the money went and were […]

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Newsday - The morality of capitalism
KEVIN BALDEOSINGH Friday, February 27 2009
 Quote:
Luckily, I never took out any insurance with Clico for, had I done so, I would have been forced to stop doing business with them in 2006, when CL Financial chairman Lawrence Duprey testified under oath that he had given $1 million as a scholarship […]

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Duprey buys US$1.5b in Florida real estate
Published by Nation Newspaper on: 2/28/09.
PORT-OF-SPAIN –CL Financial chairman Lawrence Duprey went on a shopping spree in south Florida in the last five years, buying or developing up to a dozen properties and spending an estimated US$1.5 billion.
and
The investment appeared in the CL Financial annual report in 2004 as […]

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Source: Jamaican Gleaner, February 27, 2009 by Tyrone Reid, Staff Reporter - Olint rumours stalking well-known personalities
Email and blogs being anonymously circulated in cyberspace, linking many to the floundering invest scheme, Olint Corporation, continue to stalk some of the nation’s well-known personalities and corporate entities.
A new email, this time filled with photos and captions, has […]

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Small Shop - Caribbean News - Friday, February 27 -
NBS acquires CLICO shares in Berbice Bridge
Kaieteur News: “Colonial Life Insurance Company (CLICO) Guyana sold its shares in the Berbice River Bridge for $2B to New Building Society a mere two weeks ago.

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Quote from Business Wire:

 
OLDWICK, N.J.–(BUSINESS WIRE)– [February 26, 2009] A.M. Best Co. has downgraded the financial strength rating to E (Under Regulatory Supervision) from B (Fair) and the issuer credit rating to “rs” from “bb” of CLICO (Bahamas) Limited (CLICO […]

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Nation News - Published on: 2/26/09. Quote:
NASSAU – The insurance company CLICO Bahamas has been sent into liquidation, raising fears about the jobs of nearly 140 Bahamians and the policies of numerous others in the country.

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Dominica News Online: UPDATE, Feb 24, 2009:  Injured tourists fly into Miami today
Here are two quotes:
“Arrangements have been made for some of the accident victims to arrive at the Miami International Airport.
NBC reporter Joel Connable told Dominica News Online that on arrival, the injured will then be transported to the Jackson Memorial Hospital’s Trauma Unit […]

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I was hoping to write a post tonight, but I fell behind after writing an article for the Barbados Money Laundering Advisory - Bajan Banks and Insurance Companies Inadequately Supervised

It seems that a local bank may be having problems.
The CLICO Quiz
You must write the full name of the company to get full credit:

Which large Barbados holding […]

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CBC has just put up this story:
T&T High Court grants injunction to Central Bank (February 24, 2009)
 
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 local conglomerate CL Financial from conducting […]

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