Saturday, April 27, 2024

Gollop silent on $3m ruling

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THE LEAD COUNSEL for former CLICO executive Leroy Parris is remaining mum on the latest twist in the fall-out from the collapse  of the regional company.

Queen’s Counsel Hal Gollop declined to comment on the matter after yesterday’s article that stated Parris may have to forfeit the more than $3 million in a Bank of Nova Scotia account frozen by the court.

The judicial manager, DeLoitte Consulting Inc., of CLICO International Life Insurance Limited obtained judgement against Parris and his firm Branlee Consulting Services, for the multimillion payment which he received from CLICO through Thompson & Associates.

The judicial management firm had brought  a claim against Parris, his firm Branlee and David Thompson’s widow, Marie Josephine Mara Thompson, for the estate of the late Prime Minister seeking the refund of $3 333 000, which the judicial manager claimed was taken from CLICO in breach of trust and fiduciary duty. Parris is claiming the money was legitimately received as gratuity.

Please read the full story in today’s Daily Nation, or in the eNATION edition.

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