By Dr Selwyn R. Cudjoe
September 05, 2024
I was a member of the Central Bank board when Lawrence Duprey’s case came to its attention. Amid the charges and counter charges, it was difficult for the board to obtain CLICO financial records, which would have allowed us to see what was taking place within his company. Aware of its responsibility, the board felt it had to act. It acted, and the rest is history.
Continue reading Duprey and the demise of black business
By Shaliza Hassanali
November 11, 2012 – guardian.co.tt
After building a billion-dollar insurance empire with tentacles throughout the region, former CL Financial chairman Lawrence Duprey claims he is now flat broke. “I am no billionaire. That is a lie. I don’t have a damn cent,” said Duprey during a telephone interview on Wednesday at his Florida, USA, home.
Continue reading Duprey says he’s flat broke
By Andre Bagoo
January 13 2012 – newsday.co.tt
FORMER Finance Minister Karen Nunez-Tesheira yesterday for the first time revealed the personal reasons she had for taking her money out of the Clico Investment Bank (CIB) in December 2008, saying she did so in order to cut ties with Clico because her late husband Russell Tesheira – right up to his death in 2004 – had been badly treated by Clico and its former executive chairman Lawrence Duprey.
Continue reading Karen Nunez-Tesheira: They ill-treated my husband
Most shocking
Newsday Editorial
September 21, 2011 – newsday.co.tt
Scandalous is the word for revelations about the behind the scenes wheeling and dealing at CL Financial, the cooking of the books, the hiring of a convicted felon to serve as the group’s global representative and other dubious deals geared toward fulfilling one, single-minded objective: the establishment of a global empire.
Continue reading Scandalous Wheeling and Dealing at CL Financial
By Raffique Shah
June 12, 2011
CIVIL lawsuits filed by the Central Bank last week against two of the most senior CL Financial directors, elicited scepticism across the country. Lawrence Duprey and Andre Monteil may now face the courts and answer wide-ranging allegations, from fiduciary irresponsibility to misappropriation of funds. The matters are now sub judice, so we cannot discuss them here, or anywhere else in the public domain.
Continue reading Delayed justice is a national joke
DPP Probes Duprey
Attorney General Anand Ramlogan yesterday directed that all files coming out of the probe into the collapse of insurance giant CLICO be forwarded to Director of Public Prosecutions (DPP) Roger Gaspard to determine if criminal charges should be laid against former CL Financial executives Lawrence Duprey and Andre Monteil.
Continue reading DPP Probes Duprey, Monteil
By Raffique Shah
February 08, 2009
Trinidad and Tobago News Blog
www.trinidadandtobagonews.com/blog
UP TO ten days ago, Lawrence Duprey was one of most admired businessmen in Trinidad and Tobago. He was not self-made, as some of his peers and predecessors were. He inherited the biggest and strongest insurance company in the country founded by his uncle Cyril. But having taken over the reins of CLICO, he quickly moved to diversify the insurance giant’s vast resources, to venture where no other local entrepreneur had, into the downstream energy sector.
Continue reading Beyond Duprey