Seeking to do business in Guyana once again, Lawrence Duprey, Chairman of CL Financial and other officials of the company met with Minister of Finance Winston Jordan last Thursday and signaled plans to “make amends” for the approximately US$40M debt owed mainly to the National Insurance Scheme (NIS).
A statement issued by the Ministry of Finance on Wednesday said Duprey indicated to Jordan that “he would like to renew his relationship with Guyana as well as publicly apologise to its people for the collapse of CLICO Guyana.”
The statement added that Duprey, the majority shareholder of CL Financial, also informed Jordan that his company was interested in investing in several areas here, including providing solar energy at competitive prices, affordable housing, clay brick and solar for housing as well as introduce a financial model that will generate savings and lower poverty.