Word of this from Minister of Finance Chris Sinckler, who is promising that there will be “a full, frank, open discussion on that matter in the Parliament of Barbados, no lesser place, in the not too distant future”.

“It’s about updating the public, seeing where we are, what we’ve done, where we are going, some of what has transpired, so people understand why what was done had to be done, and how we are going to work on that matter going forward,” he told Barbados TODAY.

“I’m particularly looking forward to it, because I have taken a lot of blame for something that really had nothing to do with me, and to a larger extent the Government, so I’m looking forward to it. When all the facts are laid bare, people will get to see that the Government has acted responsibly and honourably in the circumstances in relation to that matter,” he added.

However, the Minister of Finance made it clear that the multi million dollar development, which has been stalled since 2009, has not been taken off the table.

“That project, I expect, is going to happen. No two ways about that, it is going to happen. There are private people around there and it is going to happen. I’m not going to put a date on it, but there are people working everyday and very, very hard to get that project going,” he said.

Barbados TODAY understands that a firm prospectus has now been agreed to by shareholders and the Government, outlining to potential investors the way forward for the Clearwater Bay development.