Privy Council rules against Clico United Policy Holders Group

Date: 
Tuesday, June 28, 2016 - 00:00

The Privy Council has ruled against the Clico United Policy Holders Group.

The group challenged the reimbursement proposal formulated under the Partnership government saying it failed to honour a commitment to shareholders.

But as we learn in this Hema Ramkissoon report, one former Attorney General is fearful that today’s ruling will have far-reaching impactions for the financial sector.