Business Watch: State to appeal High Court decision on CL Financial

Date: 
Thursday, July 20, 2017 - 20:15

The state intends to appeal a high court decision that dismissed its application to have provisional liquidators appointed to CL Financial.

Justice Kevin Ramcharan ruled against the state, a move that was welcomed by shareholders.

And Sandals Resorts in Tobago is expected to be constructed at a cost of over 3 billion TT dollars.

This, as Sandals Resort, turns to wall street for financing.

Judy Kanhai has the details in Business Watch.