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Jun 26, 2020

PM Barrow Says “Won’t Pay, Can’t Pay”

Dean Barrow

Earlier in the newscast, you heard the PM say that a ruling by the former C.J. Benjamin earlier this year is a non decision. Outside the house, the PM was asked about an impending judgment from the C.C.J. on the matter of IMMARBE and the Registry which he took over years ago.  The justices of the Supreme Court will hand down a  ruling on Tuesday but the PM already delivered his own today; he said he won’t and can’t pay in effect kicking the can down the road and giving rise to further litigation like in the cases of B.T.L. and the then U.H.S.  Here is what he said when he was asked about it.

 

Prime Minister Dean Barrow

“…which I can say from now, if it goes against me and sometimes like the Peace of God, but clearly completely secular way, the reasoning of the C.C.J. passeth all understanding. So anything can happen. But what you were talking about earlier, with respect to force majeure—vis-à-vis, the bondholders—and I am saying if we ultimately reach the point where they didn’t give us the terms we are asking for by way of renegotiation, it will be a matter we can’t pay, won’t pay. Likewise, whatever judgment comes…sorry, if the judgment goes against us, you don’t need to ask me for a reaction on Tuesday. I am telling you from now: won’t pay, can’t pay. End of story.”


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