Reminds me of an earlier article I wrote: What is the Nature of the Relationship between Leroy Parris of CLICO and Barbados Prime Minister David Thompson?

Yes PM David Thompson is also the Finance Minister. I don’t know if he has shares in any of the CLICOs. Even if he did, with no meaningful integrity legislation, he is not obliged to tell anyone. But even without shares, Thompson still has a conflict of interest, and the opposition will not let him forget it. (VOB, March 9 - Mascoll accuses Thompson of protecting CLICO)

And now we have this news out of Trinidad:


Trinidad Finance Minister owns CL Financial stock

Article by Stabroek staff | March 9, 2009 in Regional News

(Trinidad Guardian) Finance Minister Karen Nunez-Tesheira has presided over the billion-dollar bail-out of the CL Financial group, even as she herself has owned shares in the conglomerate, Guardian investigations have revealed. The revelations raise questions about whether Nunez-Tesheira has a serious conflict of interest, why she has not disclosed her ownership of the CL Financial shares before and even why the shares are held in her name and not in a blind trust.