In a significant development, the Trinidad and Tobago government has intervened to halt the controversial sale of Trincity Mall, a move hailed by businessman Carlton Reis as “the start of justice” and a long-overdue crackdown on white-collar crime. Reis, who controls a majority of the voting rights in CL Financial Ltd (CLF), praised the government’s action, emphasizing the need for accountability in the liquidation process of the once-dominant conglomerate. The injunction, granted by Justice Kevin Ramcharan on October 13, stopped the sale just minutes before its completion, following years of alleged mismanagement and irregularities. Reis, representing Dalco, CLF’s largest shareholder, revealed that his group had previously urged a criminal probe into the sale of CLF assets, including Trincity Mall, which was reportedly sold for $505 million—nearly half its 2021 court-approved valuation of $900 million. He criticized the liquidation process as lacking transparency, accusing state-appointed overseers of “corporate dismantling” and selling assets below value. Reis also highlighted missed opportunities, such as a proposed medical tourism and retirement hub in Tobago, which could have spurred economic growth. He expressed hope for dialogue with the government, particularly with the Prime Minister, Attorney General, and Finance Minister, to rebuild CL Financial and contribute to national development. The High Court will resume discussions on the injunction’s terms on October 27. Reis further lauded the recent election victory of the United National Congress (UNC) under Kamla Persad-Bissessar, describing it as a turning point for accountability and reform.