We have spent the past two weeks looking at the 2003 Thomas Report into the performance of the Board of Directors of the National Investment Company of Anguilla Ltd. What is of concern is the suspicion that rises in us that nothing has changed with the present Board of Directors. We worry about a number of matters.
We have reason to worry. Important company activities are being missed.
Is the company still stuck in the amateurism and unprofessionalism that were criticised by Mr Thomas? Are the same mistakes being made?
The question must be asked, is it not time to wind up this company? Should not a liquidator sell its assets at the best available price? Should the liquidator not then pay any bills and distribute the net proceeds to the shareholders? Can we agree that it is time to bring NICA’s misery to an end?