Sir David is one of many defendants in a case brought by Nelson Barbados Group Ltd. regarding Kingsland Estates Ltd., Barbados. (Ontario Superior Court of Justice, Court File No. 07-0141) This post relates to the fourth portion of his testimony, formerly discussed in my post, Sir David Simmons Not Sure About Directorships
In This Instance Simmons’ Testimony Fits Squarely with the Facts
Simmons’ letter of resignation is dated 7th September 1994. It was registered by CAIPO on the same day. Fair is fair. This resignation is in order. Company records show Simmons ceasing to hold office on 27th October 1994. That is good enough for me.
No Financial Statements Found for Any of the Three Companies
We were unable to find any financial statements for any of the Chief Justice’s companies. In particular, CGI Consumers’ Guarantee Insurance Company Limited may be required by law to file audited financial statements. I would have thought that since CGI was an insurance company, it would go to great lengths to comply with the law. I believe the public is due an explanation.
Here is a quote from Barbados Underground, “Dateline Bridgetown, Barbados”, September 28, 2007:
We assume this is the same Rommel Marshall who participated in the award of an insurance tender to Consumer Guarantee Insurance (CGI) which it is alleged was higher than the nearest offer. On top of that, there is the conflict of interest angle where a Director of CGI, Mr. David Shorey, is known to be a very close friend of Prime Minister Owen Arthur.
Here is a List of CGI Directors Who May be Able to Expand on This Story
Sir Fred Gollop is reported to be “Chairman of CGI Consumers’ Guarantee Insurance Co. Ltd.” on this page of the FCIB site. I could not find his name on the 2004 list of directors.
Previous Directors: Colin Tudor O. Brewer, Michael Neil Fitzwilliam, Sir Fred Winlyn Gollop, Anthony Christopher Hoyos, Norman Leroy Lynch, David Anthony C. Simmons
- Click here to see a spreadsheet showing when the directors were appointed and when they ceased to be directors.
- Click here to download a pdf (caution: large 7MB file) of all of the CGI documents that I have from its registry file