CL FINANCIAL has been hit with three new claims totalling $13.2 billion in the first six months of 2019, its joint liquidators assert, even as the group, which collapsed in the first month of 2009, received $38 million in dividends and loan repayments from its subsidiaries in that period.

The joint liquidators described the $13.2 billion in new claims as “exceptionally complex” and said they required “extensive review and investigation by our staff.” The new claims took the total value of claims against CL Financial to $31.9 billion.

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Thanks but no thanks. Wheel and come again. This is the message president of the Public Services Association Watson Duke has sent to UNC political leader Kamla Persad Bissessar, who on Tuesday called for unity with the trade union movement, ahead of next year’s general election.

THE Chief Executive Officer of the Heritage Petroleum Company Mike Wylie has taken leave of absence from the job on medical grounds. This was confirmed by chairman of Trinidad Petroleum Holdings Company (TPH) Wilfred Espinet, who said the CEO was on sick leave.

SUNWING Travel Group, the Toronto, Canada-headquartered tour operator, is proposing to invest at least US$100 million ($680 million) in Tobago to create a 325-room, all-inclusive resort in the location on Courland Bay on Tobago’s east coast, which was once occupied by Turtle Beach Resort.

TAKE a bite and see what happens when soca meets cocoa. That was the invitation from soca star Machel Montano at the launch of the rebranded Montanos Chocolate bar yesterday at The Cocoa Pod at Gordon Street, Port of Spain.