Sunday, May 5, 2024

CLICO the ‘corporate leper’

Date:

Share post:

ACTING PRIME MINISTER Freundel Stuart said CLICO had been treated like a “corporate leper” because of the friendship between its CEO and the Prime Minister.But he warned that the days of treating the company like a political football were coming to an end.Stuart made the comments while contributing to yesterday’s debate on a resolution for the vesting of a portion of land in Constant, St George, to be acquired for a housing project. CLICO Holdings is presently constructing four houses at Constant on behalf of Government and the Opposition has questioned whether there is a construction contract between the company and Government.Stuart told the Lower House: “You don’t get the impression that Clico has been responsible by its activities in many areas of generating a lot of the employment that Barbados enjoyed over the last two decades. “We are all given the impression that because there was a friendship between the CEO of CLICO and the leader of the Democratic Labour Party that by that fact itself, CLICO is some kind of corporate leper that everybody should try and shun for fear of contamination and so it was again today.”He said he had every confidence that the project at Constant would be a success.And he implored Minister of Housing Michael Lashley to continue doing what he was doing.He said Lashley had shot to “ministerial stardom” in a short space of time and that was why he was a source of embarrassment for the Barbados Labour Party.“I warned him sometime ago not to be beguiled by the smiles and hollow exhibitions of friendship by those on the other side . . .  I can’t imagine a party in Government for three consecutive terms and the largest revenue intake at their disposal . . . could leave office with the low income housing market in Barbados untouched and come in here and try to berate a minister who is producing and building houses,” he stated. (MB)

Previous article
Next article

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Related articles

Dean of the St Michael’s Cathedral calls for neighbourly help amid city issues

Rather than retreat, members of the business community, organisations and churches in and around the city have been...

RSPCA ‘needs vital support’

General manager of the RSPCA Charmaine Hatcher says the situation with the animal welfare organisation is “dire”, with...

Bernard Hill: Titanic and Lord of the Rings actor dies

Actor Bernard Hill, best known for roles in Titanic and Lord of the Rings, has died aged 79. He...

Israeli government blocks Al Jazeera from broadcasting

Israeli Prime Minister Benjamin Netanyahu has announced that Al Jazeera is to be shut down in Israel. Mr Netanyahu...