By Peter Richards CASTRIES, St. Lucia, May 8, CMC – Prime Minister Phillip J Pierre has blamed a “conspiracy” for the removal of Dr. Hyginus “Gene” Leon as president of the Barbados-based Caribbean Development Bank (CDB), who tendered his resignation earlier this month after being sent on administrative leave in January. “I want to put on record St. Lucia’s full ...
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St. Vincent PM says evidence against CDB former president is “flimsy”
by Peter Richards BRIDGETOWN, Barbados, May 6, CMC – St. Vincent and the Grenadines Prime Minister Dr. Ralph Gonsalves says “unsuccessful attempts” had been made to impugn the character of the former president of the Barbados-based Caribbean Development Bank (CDB) Dr. Hyginus “Gene “ Leon, whom he described as “a distinguished son of our Caribbean civilisation from St. Lucia”. Last ...
Read More »CDB President resigns with “immediate effect”; threatens legal action
By Peter Richards BRIDGETOWN, Barbados, Apr 23, CMC – President of the Barbados-based Caribbean Development Bank (CDB), Dr. Hyginus ‘Gene’ Leon, has resigned with “immediate effect” from the regional financial institution. According to a three page letter sent to the Bank by his St. Lucia-based lawyers, Leon is of the opinion that “he will never be treated fairly” after he ...
Read More »CARICOM Chairman should ask CDB Board of Governors for urgent meeting on action against bank’s President
BRIDGETOWN, Barbados, Apr 15, CMC – Former Montserrat premier Reuben Meade Monday said he found it “rather interesting” that subordinate body within the Barbados-based Caribbean Development Bank (CDB) had been able to send the president of the financial institution on administrative leave. “It is like the tail wagging the dog. As a matter of fact it is like fleas controlling ...
Read More »Brazilian company picked for construction of first leg of Linden-Lethem highway
The construction of the first link of the Linden-Lethem highway has moved one step closer to commencement with the Caribbean Development Bank (CDB) clearing the way for negotiations to start with a Brazilian company, the Finance Ministry said late Thursday night. Finance Minister Dr Ashni Singh said the Barbados-headquartered CDB on Thursday issued its no objection for negotiations to commence ...
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