Bajan gov’t finally gets controversial CLICO report

(Barbados Nation) The Ministry of Finance and the Financial Services Commission (FSC) only received the controversial Deloitte Forensic Audit Report on CLICO International Life two weeks ago – four weeks after its contents were published in the media.

This was revealed recently by Finance Minister Chris Sinckler, who said when he met staff on March 16, officials of the FSC had indicated to him that they had not yet received an official copy from CLICO’s judicial manager, Deloitte Consulting.

The forensic audit, much of which was first published in the MIDWEEK NATION on February 22, has created a political firestorm, with Prime Minister Freundel Stuart facing condemnation for not speaking publicly to the issue, even though other leaders throughout the Eastern Caribbean added their voices to the controversy.

But in an interview with the SATURDAY SUN, Sinckler said Barbadians should not expect a public comment from him or the Prime Minister on the explosive report until the FSC has done its work.

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