Geeta Singh-Knight, the former Chief Executive Officer of Colonial Life Insurance Company (CLICO) Guyana on Friday disclosed that sums amounting to US$34M were transferred to CLICO (Bahamas) based on instructions from CL Financial Ltd, the parent company.
She was at the time testifying via Skype in a court case filed by CLICO (Guyana) against Trinidad-based CL Financial Ltd for the recovery of the amount.
During her 45-minute testimony