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Achievements On A Constituency Level E-mail
  • Established the Fort Charloette Community Center on Boyd Road (Proudly own by the constituents of Fort Charloette)
  • The Center offers:
    • Daily after school assistance with home & school project
    • Remedial classes
    • BGCSE Classes
    • Adult Computer Lessons
    • Legal Aid Clinic
  • Establishment of the Fort Charloette Marching Band and Orchestra, over one hundered members strong all programs are conducted on a volutary base by lawyers, train teachers and members of the Royal Bahamas Police and the Defence Force bands respectively.
  • Prior to 2000 the T.G Glover Primary school was condem; however the school was allowd to continue to function in it's condem state. Today a ten (10 million) ultra- modren primary school is in the process of being bulit for the students of the T.G Glover Primary school who are currently house in the Albury Sale Primary School.
  • Commence the first phase of a 1.5 million of chippingham drain project to solve the 30 year flooding problem in Saint Albans drive Perpall Tract.
  • Establishment of the Urban Renewal Project in Fort Charloette.


THE CLICO CRISIS: A CASE OF REGULATORY FAILURE AND A CALL FOR  GOVERNMENT INTERVENTION

 

 

ALFRED M. SEARS

17TH MARCH 2009

 

On the 24th February 2009 the Registrar of Insurance petitioned the Supreme Court of The Bahamas  for the winding-up of CLICO (Bahamas) Limited ("CLICO") because CLICO was unable to pay claims of US2.6 million in the Turks & Caicos Islands and (b) its liabilities were estimated to exceed its assets by at least $9 million.  The Supreme Court appointed Mr. Craig Gomez of Baker Tilly Gomez as Provisional Liquidator for CLICO.  A hearing of the winding-up petition is scheduled to be heard on the 18th March 2009.