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WEEK ENDING JUNE 22, 2014 | guyanatimeSinternational.com
Scotiabank to consider buying Clico Trinidad
Youth trashed by mother of female friend …after found in house By Andrew Carmichael
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Scotiabank Managing Director in TT Anya Schnoor (middle) gets assistance from businessman Jimmy Aboud (left) and the bank's Frederick Street branch manager Kenrick Sealey to cut the bank's 60th anniversary cake Monday (TT Newsday photo)
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ORT-OF-SPAIN, TRINIDAD: Managing Director of Scotiabank Trinidad and Tobago, Anna Schnoor, said Monday the bank will consider buying the assets of the Colonial Life Insurance Company Limited (Clico) when government offers the company for sale. She made the statement in response to questions from journalists at a function at the bank’s flagship branch at the corner of Frederick Street and Independence Square, Port-of-Spain, to celebrate its 60th Anniversary in Trinidad and Tobago. She said, “I am sure we would always look at any opportunities to grow. I am not sure what the plan is, I’ve read in the (news) paper that it may be up for sale, but I think that we will always
look at any opportunity if it fits in with our risk profile and what we are looking for as we grow in the island.” In response to another question, she said the banking sector in TT was “tremendously strong.” She said one only had to look at how the banking industry in Trinidad and Tobago had survived the international banking collapse in 2008. “Other than Clico, which had other issues which were particularly unique to Clico, the rest of the banking system stood up very strong and has actually grown and continues to grow since then. So I think Trinidad is uniquely placed in that it has a very strong and a very diverse financial services industry and I think it is well regulated and has good oversight,” she added. (TT Newsday)
44-year-old woman is now in custody following an assault on a teenager, who was caught in her house alone with her 16-yearold daughter on the East Bank of Berbice. The 44-year-old woman was taken into custody on Tuesday following Sunday night’s incident at Brothers Village, East Bank Berbice. According to 18-year-old Deraj Persaud, he was on his way home late Sunday afternoon when his friend called him saying that she wanted to relay some information to him. “Me and she was gaffing and we go inside… then we hear the gate and she say is she mother, and she go through the inside step and open the door for me and I go out through the back and then she go and open the door for she mother.” Persaud said at the time his friend’s mother told her son who arrived with her to go to the back door to see who it was coming out. Persaud was seen and taken to
the front where he met his friend’s mother. “She asked me what you doing here, and I say Aunty Cuntie I gon explain but she say she ain’t want hear nothing and start slapping me bus up all my mouth…” The young man said he was also hit with a piece of wood that her son brought to her upon request. Asked why he did not run away to prevent further punishment, Persaud said he was being held by her son. According to him, he started to scream for help when he noticed blood dripping from his chin. At that point, he was dragged into the house where the beating continued. Persaud said the woman told her son to get a cutlass but he refused. The ordeal he claimed lasted for close to three hours. He said she called her daughter and told her to take off her clothes and the daughter refused saying that she could not do so in front of him. He was then ordered to take off his clothes. “She pick up back the
A beaten and bruised Deraj Persaud
wood and say ‘you gon take it off or you wan ah beat you to take it off?’ So I take off me clothes.” At that stage he said he was accused of having sex with her 16-year-old daughter. “Ah say Auntie Cuntie don’t do me anything…” Quizzed on previous visits to the home, Persaud noted that he was told by his friend’s mother whom has known for the past years not to visit her house. He said he and her daughter were just ordinary friends. According to Persaud, he was taken to the Sisters Police Station where the police asked him why he was not
wearing clothes. “She tell the police that, ‘he take off the clothes to do he act… She daughter turn to the police and say, ‘No Mummy you lie is you beat the boy to take off his clothes.’” Based on information provided by the daughter, the brother was taken into custody. Persaud, who works at a sawmill said the following day his mother took him to the New Amsterdam Hospital where he was treated and he made a report at Central Police Station which led to the arrest of the 44-year-old woman. Police are continuing to investigate.