Foreign Exploitation of British Overseas Territories. One of my readers has drawn my attention to a recent article in the Royal Gazette of
What disturbs me even more is the risk to the integrity and good name of
Foreign Exploitation of British Overseas Territories. One of my readers has drawn my attention to a recent article in the Royal Gazette of
What disturbs me even more is the risk to the integrity and good name of
Is
Society? It is with reluctance that I enter into this topic. It touches a sore spot with me. A correspondent sent me an article from the Observer Newspaper in
My answer was as follows: “It does not always work out. The Anguilla Rotary Club tried a used book project two years ago. We got about 30,000 books shipped for free from a Canadian school that was closing down. They were selected, sorted, and packed by the members of a Rotary Club there. When they arrived in
My correspondent shot back, “Don, this is very depressing. Russell wouldn't have done such a thing, would he? There are a few children here who really want to learn. Some of their families are quite poor and could never afford to have their own encyclopedia in their home, not even an old one. I come from a home that was filled with books. I did poorly in school, but educated myself about the things I wanted to know by reading books. I still do that today. I have very strong feelings about making books available to those few who want them.
There's a popular book here that's over 2000 years old and hardly anyone thinks it's out of date. This is insane. I hope you will write about it.”
Owning, reading, and handling used books are not, in my opinion, degrading or demeaning activities. I built up a collection of nearly 3,000 books on West Indian history that I later gave away. Some of the books were over 300 years old. How does anyone think you can get a “new” 300 year-old book? When I was a student, I used to haunt the second-hand book stores of Port-of-Spain. I visited the public library and bought every old book they were discarding that I wanted to read. Today, I still own thousands of books that were previously owned by someone else. I love second-hand books. I educated myself on second-hand classics.
But, the question is, does anyone in
Patriotism is the Last Refuge
of a Scoundrel. So pronounced Samuel Johnson, the British lexicographer. I read a story on the Barbados Free Press today [link here]. It was about how Ministers of Government in Bridgetown use “patriotism” to silence their critics. It rang a bell with me. I never thought it was possible in
Thank heavens nothing like that can happen in
Compare that with the story from the
When Pessimism Sets In. I read the press
release in my Inbox. It said,
Press Conference on
The Government of Anguilla as part of its renewed commitment to sustainable management of the country’s limited natural resources has initiated the preparation of
At this critical juncture of this initiative, the Department of Environment extends invitations to all Media Houses, Heads of Departments with responsibility for Natural Resource Management to a Press Conference outlining the details of the ABSAP.
Please join us Monday - October 8, 2007, at the
The Department of Environment through the Ministry of Environment will be detailing the concept, focus and benefits of the ABSAP to
In my innocence, I thought it sounded like a good idea to attend. I contacted some of my environmentally concerned friends. I asked whether they would like to be there with me. The responses were discouraging, to say the least. One wrote back in reply:
I listened with belief and encouragement when they signed the Environmental Charter.
I listened again when I read the United Front Manifesto. I was encouraged. I voted for them.
I don't go to ceremonies.
I am no longer interested in listening to promises about what is to be done about
I was there when Olasee Davis said, "Because we don't think about the future they will never forget us."
It is truly saddening to know so much about our island.
I have learned that it's possible to know too much.
It completely put me off. I don’t want to go to the Press Conference any more. Is this too pessimistic? Do you, by contrast, have the courage to hope for improvements in the future? If so, it probably means that you are younger than I am!
Let us Take NICA off Life
Support. A group of shareholders of the National Investment Company of Anguilla Ltd met on 2 October at Bob Rogers’ home to consider the meeting that had taken place with the directors on 27 September. The number of members attending and showing interest continues to rise.
Concerns were expressed about the failure of the Board to have taken any steps to prosecute the offences revealed in the Report of Mr Avondale Thomas to the Court in Bob Rogers’ court case of 2003.
Others expressed worry on learning that the Board had leased the
What was even more worrying
was the Board’s expressed intention to bring in to a future general meeting teams of experts to persuade us to let them develop the Gibbons Estate lands owned by the company at Lockrums. Members agreed that after nearly twenty years of mismanagement and inactivity, the company was brain dead and should now be taken off life support machines. The time for the Board to be coming with schemes to develop land was long past.
Particularly worrying to some was the announcement made on radio just that morning that the Board was calling a general meeting of shareholders to elect new directors and appoint new auditors on 22 October at 5:00 pm at the
Members also considered that it was pointless to conduct an audit of the company’s accounts over the previous thirteen years. It is not as if there would be an incoming new Board that needed to know what the state of the accounts was. We were now past the stage where audits were required. It would be a waste of money to audit the accounts just before the company was put into liquidation. Members agreed that the ideal Liquidator would be Mr Thomas. He would not need an audit to be presented to him for him to know what to do.
Several members expressed the strong desire that there be a resolution for the company to be wound up on the agenda of any future shareholders’ meeting. Members approved the following resolution to be submitted to the Board of Directors for inclusion in the official Notice calling the meeting: Resolved: That the National Investment Company of Anguilla Ltd be voluntarily wound up, under the supervision of the Court, that the assets of the company be sold, that the debts be paid off, and the balance distributed among the shareholders. Mr Avondale Thomas of
In Anguilla We Do Not Name Names. I received the following press release from the government press office on Tuesday. I guess I am on the mailing list as part of
Chief Minister Calls Fire Pit On
The Valley, Anguilla, October, Tuesday, 2nd, 2007 --- The Honourable Chief Minister
It was obvious that some form of merrymaking had taken place there on the
Chief Fleming is urging all persons using the beach to sustain the aesthetics of the beach environment by cleaning up after functions and by ensuring that any and all use of the beaches does not infringe on the rights and privileges of other users. It is quite disturbing to behold sights such as the one witnessed on Sunday Morning at the Middle part of
What is so funny about this story is that every schoolchild in West End knows who lit the bonfire on
So, will somebody please enlighten the Chief Minister and tell him that the unknown culprit who left the abandoned fire pit on the beach is probably his favourite developer in the West End of Anguilla?
CORRECTION:I have just learned from a very reliable source that I misinformed myself and misled you when I wrote above that Viceroy was responsible for the bonfire on the beach. It was nothing to do with Viceroy.
Board Calls Meeting of
Concerned Shareholders. On Thursday 27 September 2007 the Board of Directors of the National Investment Company of Anguilla Ltd called a meeting of the concerned shareholders. It took place in the plush conference room of National Bank. Conrad Walton Fleming chaired the meeting. The members of the Board told us that the purpose of the meeting was to discuss the contents of our letter to them of 14 September. It was a very strange meeting. I left it with a bad feeling.
For one, Calvert Carty confirmed to us that he had been meeting and discussing with a Trickydadian group about developing the Lockrums land. The group had come to Anguilla from
Now, we all know the history of plans to develop this land. We failed to do it twenty years ago when we had the money and the credit. Now, when we are bankrupt, and ready to die of old age, we are going to develop land? If that happens, I prophesy that no shareholder of NICA will see a dollar of the “profits” from such a project.
The only sensible next step is for the shareholders to resolve to wind up the company, appoint an independent accountant to be the voluntary liquidator, have the assets sold, the debts paid off, and the balance distributed to the shareholders. I will be happy with nothing less. On the poll on this website 86% of those who voted on the issue agree with that solution.
We were disappointed to learn
that the Board has not made a complaint to the police about any of the contents of the Thomas Report. When they were elected, it was with specific instructions to have the police commence the necessary proceedings. Their excuse is that their lawyers told them to be careful. Yes, they have to be careful. But, the Thomas Report contains evidence that should have been put in the police hands. There is no risk for the Board in that.
We were disappointed to learn that they had failed to pay KPMG, the auditors appointed by the shareholders, to get the missing ten years of audits done. That, after three years! Their excuse is that it was too expensive. US$10,000.00 per year is not expensive, given the element of risk and the insurance premiums that KPMG must pay for taking on jobs like this. We knew the cost at the time. It is not a new cost. It is what the shareholders were always told. Now, the Directors say they want the shareholders to appoint new auditors at a reduced fee. What for? This is not a live, trading company where we have time to fiddle about.
The bank accounts of the company are overdrawn by some EC$300,000.00. Some of the overdraft has been paid off, but not all of it. We are paying the bank a huge amount of overdraft interest. I would not be surprised if it was about 20% a year. But, the company has assets it could sell to pay off all of its debts. It holds over one million EC dollars invested in shares in various companies. There is some $300,000.00 in inventory still in the “bookstore”. Clearly, the duty of the Board was to have sold the necessary assets to pay off the overdraft.
They should have done this in their first six months of appointment in 2004. They should have taken advice on what to do with the Thomas Report. They should have taken advice on the quickest and most profitable way to unload the land. And, they should, as instructed in the year 2004, come back to the shareholders with a plan to bring the misery of the company to an end.
The Board promised the meeting that they would call a general meeting of shareholders in a few weeks time, as requested by the Bob Rogers’ and Collins Richardson’s group of concerned shareholders. I hope they are not coming with proposals to keep the company on life support machines. The only proper recommendation that should be before the shareholders at that meeting should be a resolution to bring NICA’s pathetic existence to a merciful end. That’s my view.