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  • I called Clico on Friday and told them I have a lifetime advantage policy that I would like to surrender, and the clerk nicely told me I would have to wait six months for the cheque.

    TrinidadExpress Today's News 2010

  • When Newsday called Clico's head office yesterday, staff said Musaib Ali was in a meeting and was unavailable for comment. 2009

  • Guyana seized Clico after its parent company in Trinidad, CL Financial Ltd., received a government bailout.

    Global Voices in English » Guyana: CLICO Judicial Manager Shot 2009

  • The collapse of Clico has left many policyholders and pension fund contributors in Guyana anxious about the company's ability to honor its commitments.

    Global Voices in English » Guyana: CLICO Judicial Manager Shot 2009

  • President Bharrat Jagdeo's administration has said it will borrow from the Treasury to pay Clico policyholders, but payment could drag out over a 10-year period.

    Global Voices in English » Guyana: CLICO Judicial Manager Shot 2009

  • Also on March 28, 2007 - Monteil's company, Spreadeagle makes a $2 million deposit to Clico.

    TrinidadExpress Today's News 2010

  • February 15, 2007 - Clico buys a $100 million fixed deposit at CIB, effectively to fund the acquisition since CIB did not have sufficient funds to cover the transaction.

    TrinidadExpress Today's News 2010

  • The Central Bank action relates primarily to Monteil's controversial acquisition of a Clico-held block of shares in the Home Mortgage Bank in February 2007 for $110 million in what court papers say was an act of 'self-dealing' for his personal enrichment.

    TrinidadExpress Today's News Camini Marajh 2010

  • February 14, 2007 - CIB, of which Monteil is chairman, issues a $78 million cheque to Clico, an associate insurance company and owner of the 43.4 per cent interest in HMB.

    TrinidadExpress Today's News 2010

  • March 28, 2007 - FCB pays out $28 million to Clico.

    TrinidadExpress Today's News 2010


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