CLICO paid $500,000 to First Caribbean

Read storyCLICO (Bahamas) liquidators have paid First Caribbean the $500,000 owed but has no further news for policy holders.

Liquidator Craig Gomez, who is responsible for reviewing the company's assets and prioritizing creditors said he is ranking a number of other creditors who have come forward.

Gomez said he is still preparing packages for the four companies that are interested in purchasing the company.

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Full Story in The Nassau Guardian here Page A1