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A serial offender in Dominica shows no remorse for sexually assaulting a 9 year old girl

A High Court judge has sentenced a 51-year-old man to 35 years in prison after he was found guilty of three counts of sexual offences on a nine-year old girl.  Read more...

Former regional Fifa President, Jack Warner faces extradition to the US

Following his indictment in the US on eight counts of racketeering, fraud and money laundering, Trinidad member of parliament Jack Warner, former regional vice president of FIFA, was arrested and taken into custody on Wednesday afternoon and brought before the chief magistrate where the charges were read to him and he was granted bail in the sum of US$395,000 with conditions. Under the treaty between the United States and Trinidad and Tobago, the US now has 60 days to produce a formal request for Warner’s extradition. Read more...

Phillip J Pierre has said it was necessary for government to repeal the Airport Development Act

Infrastructure, Port Services and Transport Minister, Phillip J Pierre has said it was necessary for government to repeal the Airport Development Act, introduced by the former UWP regime, as it planned a 400 million dollar rehabilitation of the Hewanorra International Airport. The legislation, Mr.Pierre told Parliament Tuesday, did not lay out a structure for the construction of the new airport, rather, spoke only to the collection of an airport development charge. The Minister said, if plans for the improvement of the Hewanorra Airport were to proceed, government had to take certain corrective measures. Read more...

Two of the region's big players in the distribution business merge

Goddard Enterprises Limited (GEL) of Barbados and Agostini’s Limited (AL) of Trinidad have agreed to the formation of a jointly-owned company, Caribbean Distribution Partners Limited (CDPL), which will be focused on the Fast Moving Consumer Goods sector. Both GEL and AL will transfer into CDPL all of the companies in their respective groups in the consumer goods sector, effective July 1, 2015.

The companies to be transferred into CDPL are based in Barbados, Trinidad, Grenada, Guyana, St.Vincent. And here in St.Lucia,  Peter and Company Limited and Bryden and Partners Limited owned by Goddard Enterprises.

CDPL will be 50/50 owned by the two Groups, and, based on an independent valuation by KPMG, AL will be required to pay GEL an undisclosed amount in order to acquire its 50% ownership. The CDPL companies will continue to operate in six regional markets with 2015 revenues of approximately US$230 million.

 

Goddard Enterprises Limited is a 94-year-old publicly traded conglomerate based in Barbados and Agostini's Limited is a Trinidad & Tobago 89-year-old publicly traded Group in the distribution and services sector.

 

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