GOVERNMENT Senator Dr Patrick Watson has described the collapse of Clico as an "elaborate Ponzi scheme".
Watson made the comment today as he addressed stakeholders at a post-budget forum held at the Port of Spain office of the Caribbean Money Market Brokers (CMMB).
Watson said arrests are imminent.
Breaking News
- 8 months ago - US$38M contract signed to construct solar farms in Regions Two, Five, Six -
- 8 months ago - GCSM voices rally in support of Cuba against U.S. hostility -
- 2 years ago - Leguan Stelling: $413M upgrade to be completed in June -
- 2 years ago - SOCU charges Herstelling family with laundering over $4.1B -
- 2 years ago - President Ali: Companies invest over $25B along coastline within two years -
Editor's Picks
-
US$38M contract signed to construct solar farms in Regions Two, Five, Six
-
GCSM voices rally in support of Cuba against U.S. hostility
-
Leguan Stelling: $413M upgrade to be completed in June
-
SOCU charges Herstelling family with laundering over $4.1B
-
President Ali: Companies invest over $25B along coastline within two years
-
Dr Ashni Singh presents the 2023 fiscal package to the National Assembly
-
Finance Minister says Budget 2023 to spur investment, further enhance livelihoods
-
Elections petition: CCJ overturns Appeal Court’s decision to hear dismissed case
-
UK waivers visa requirements for Guyanese
-
Amended Medical Practitioners Bill: Non-nationals cleared to practice medicine in Guyana