Episodes

Monday Feb 21, 2011
Monday Feb 21, 2011
Excerpt from "Hypocrites at Large Examine Their Horns" FAN THE FLAME 8th June, 2001
by Leonard Time Hector
Errol Cort knows that he is lying to the public. Errol Cort knows that the loan agreement for the Mount St John Hospital originally declared that all legal fees were to be borne by the lender – Allan Stanford. I have enough confidence in Stanford, that if asked he would tell the truth. That originally the Mount St John Hospital loan agreement stated that all legal fees were to be paid by the lender, that is himself, Allen Stanford, or Stanford Development Company. That is why Dr Errol Cort had his bill presented to Allan Stanford at the Admiral’s Club in Miami. When Stanford saw the bill, the Cort legal bill, he thought it was humongous, completely out of sync, especially in the light of the fact that he was at the time paying Dr Errol Cort a retainer of US$15,000 per month. When Allan Stanford saw Dr Errol Cort’s legal bill for work on the Mount St John Hospital loan, on behalf of the lender, he thought it was outrageous and proceeded to tear it into shreds right there and then in Miami. There is witness to all this, who if called by the Commissioner of Enquiry will appear to testify to all this. Cort knows that when he heard of this, how Allan Stanford had ripped his bill to shreds, claiming that Cort was trying to kill the goose that laid the golden egg, Cort flew into a tirade, and raged against his client Allan Stanford. Cort charged that Allan Stanford was "racist". Racist, because Stanford would pay white lawyers who worked for him that kind of money, but he would not pay a local black man like him that kind of money. Cort knew that his $1.4 million bill was not only dead in the water, it was as unlikely to be paid as Jurassic Park and all its Dinosaurs coming to the Botanical Garden here. Every lawyer in this land knows that once Cort submitted his bill to Stanford, then the loan Agreement, the Mount St John loan Agreement, must have stated at that time, that all fees, all legal fees that is, were to be paid by the lender. Cort in his own testimony indicted himself. As Allan Joseph wrote in his Forensic Audit Report that Cort himself asserted that his bill for $1.4 million "was submitted to the Bank of Antigua in August 1998 but no payment was received." The only logical inference that anyone familiar with these matters could draw is that once Cort himself submitted his bill to Allan Stanford the lender on the Mount St John Hospital loan, and that is how the Loan Agreement read at that time! There could be no other inference . . . Once Cort recognised that Stanford was not going to pay his bill, the Loan Agreement was miraculously changed. Cort had to get his $1.4 million at all costs. What do you call such? Hustler? Good Governor? Corrupt? Saint? Or plain hustler? So hey presto, the Loan Agreement changed. And all legal fees were to be borne not by the lender anymore, but by the borrower – the Government of Antigua and Barbuda. However we remind that Outlet can produce a living and credible witness in whom Cort confided he unilaterally changed the Loan Agreement. I want you to note carefully that the borrower was the Government of Antigua and Barbuda. The borrower was not Medical Benefits. So Cort must have known that he could not send his new bill to Medical Benefits. Because Medical Benefits was not the borrower. The Government was. Medical Benefits was paying on behalf of the Government as the borrower, but Medical Benefits was not the borrower. Cort knew that. And every lawyer in this country knows that. Yet they have all kept silent.Version: 20241125
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