CLICO’s Camp St building sold to NIS for $600M

Lawrence Williams

CLICO’s gargantuan office building at Lots 200-201 Camp Street has been sold to the National Insurance Scheme (NIS) for $600M.

According to documents seen by Stabroek News the transaction was completed on September 1st, 2011 by Lawrence Williams, the liquidator of CLICO Life and General Insurance Company (South America) Limited who is also the Governor of the Central Bank.

The sale may raise eyebrows