Thursday, April 25, 2024

BCA owed $4 million


Share post:

THE Barbados Cricket Association (BCA) is owed more than $4.3 million by Kensington Development Corporation (KDC).
The debt by KDC to the BCA dates back three years and stems from an agreed rental fee between the two entities.
BCA members were updated on the development in the 2012-13 annual report – a copy of which was obtained by the WEEKEND NATION – that was received at the 79th annual general meeting last Thursday at the Lloyd Erskine Sandiford Centre.
The money due by KDC to the BCA is for the periods 2010-2011, 2011-2012 and 2012-2013 and amounts to $4 391 775, according to the BCA’s balance sheet.
Chairman of the BCA’s investment committee, Conde Riley, touched on the matter in his report for the period ending March 31, 2013.(HG)

Previous article
Next article


Please enter your comment!
Please enter your name here

Related articles

Shooting incident at Husbands Heights

Police responded to the scene of a shooting incident at Husbands Heights, St. James, having received a...

British Airways celebrates 70 years in Barbados

SEVENTY YEARS AGO, the first direct British Airways (BA) flight landed in Barbados. Yesterday, the Barbados Tourism Marketing Inc...

Body found near Culpepper

There are reports reaching The Nation that a body was found in the area of Culpepper, St Philip. Initial...

Time to focus on national issues

ARE THE DEMS united, or are they fragmented? The reason I ask though is because shortly after Member of...