Trinidad Government snubs former CL Financial boss.

Lawrence Duprey

PORT OF SPAIN, Trinidad -- The Trinidad and Tobago government has reportedly rejected a request for former CL Financial head, Lawrence Duprey, to return to his homeland to rectify the huge problems of CLICO and CL FInancial.

The government has spent billions of dollars to save the company and to pay out 14,000 policy holders.

A top government can allow a man who was responsible for the "total mess" to promote himself as saviour.

The source added, "I think Duprey is delusional. He is the last person who should be allowed back to fix a problem that he started."

Duprey, who now lives in Miami, is reported to have written Prime Minister Kamla Persad Bissessar's administration offering his services to rectify the multibillion dollar problem that now exists with CL Financial and CLICO .

More than six weeks ago Duprey had written to Finance Minister winstion Dookeran, indicating that he would submit a plan to solee the problem, but has failed to do so.

Duprey, through his attorney Lionel Luckhoo, is requesting another 14 days to "put the deal together" , but a government source said, "If Mr Duprey has a plan, why doesn't he submit it ? The government would be happy if they could be relieved of paying out a further $12 billion. "

The source added that it is unfair to the people of Trinidad and Tobago to take one third of the national budget and pay out $12 billion to 14,000 policy holders.

The source added that forensic investigator Bob Lindquist had conducted an investigation into CLICO that was submitted to the DPP and Attorney General Anand Ramlogan .