Latest update April 12th, 2026 12:50 AM
Is a scandal brewing at Banks DIH?
Dear Editor,
I recently read a press release out of Barbados which revealed that the directors of Banks DIH Limited, the beverage giant, have sold out the company’s entire investment in Barbados Holdings Limited (BHL). BHL is the parent company of Banks Barbados Breweries Limited, a company formed several decades ago by Mr. Peter D’Aguiar. Details have emerged from Barbados and St. Lucia that the more than 6.5 million shares owned by Banks DIH have been sold to a St. Lucian subsidiary of AmBev, SLU Beverages. If this is correct, then why has there been no public statement by the local company on this matter? Why was this deal not done in a more transparent and open manner?
Significantly, what impact would such a move have on the few shares that I have in this company? I am worried about this and I would sincerely appreciate if you can use your high office to get to the bottom of this $4.6 billion plus transaction.
D. Deodat
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