Regional News

Trinidad court orders Duprey to reimburse money for energy company sale

(Trinidad Express) Former executive chairman of CL Financial (CLF) and CLICO director Lawrence Duprey has been ordered by the High Court to reimburse more than US$139 million or approximately TT$1 billion ($947 million plus interest) to the companies for facilitating a deal to sell shares in what was then called CLICO Energy to Proman Holdings (Barbados) Ltd in February 2009.

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