
Banks reopen but Cayman Islands remain 'in crisis'
Monday, September 20, 2004
George Town, Cayman Islands - The Daily Telegraph reports that many of the
Cayman Islands' 600 banks re-open today in an effort to show that life is back
to normal in the British territory devastated by Hurricane Ivan last week.
But local people fear the the reopening of George Town's business district,
where electricity has been restored ahead of the rest of Grand Cayman, is being
used to mask an increasingly serious humanitarian problem.
Bruce Dinwiddy, the Governor, talks of "incredible and very exciting"
momentum in getting the country back on its feet. He has cancelled the general
election due on Nov 17 but promised: "We will astonish the world by how quickly
we recover."
However, frustration is growing on the streets. Even government workers speak
of a "cover-up" of the scale of the disaster by authorities desperate not to
tarnish the islands' image and anxious to persuade investors to stay. The
islands are the world's fifth-largest financial centre, with some 600 banks and
financial institutions valued at nearly £300 billion.
"Tell the world our country is in crisis," said one warden at a hurricane
shelter in the West Bay area. "Tell the whole of London that it needs to send
help."
Sandra Dailey, 58, the mother of the British world record freediver Tanya
Streeter, accused the governor of "living in la-la land" for the gloss he is
putting on the crisis.
"He sure as hell isn't getting the true picture and the horror of this whole
situation across," said Mrs Dailey, from Havant, West Sussex, who has lived in
the Cayman Islands for 37 years.
Her home in South Sound was badly damaged by a tidal wave that tore buildings
from their foundations. Along the coast, some areas have been obliterated. No
one yet seems sure whether all the residents have been accounted for.
The stench of rotting debris fills the air and electricity and mains water
supplies have yet to be restored in most places outside the capital, George
Town. Petrol and bottled water are rationed.
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