Businessman Lawrence Duprey has passed away.
No further details have been provided yet following his death.
Duprey was best known for his role as the former executive chairman of CL Financial and director at CLICO.
In 2009, the government initiated a multi-billion-dollar bailout of CLICO.
The High Court ordered Duprey to reimburse more than US$139 million or approximately TT$1 billion ($947 million plus interest) to CL Financial (CLF) and CLICO for facilitating a deal to sell shares in what was previously called CLICO Energy to Proman Holdings (Barbados) in 2009.