British financial institutions that benefited from slavery such as Lloyd's of London should go further than simply saying sorry for their role in the Atlantic slave trade and make proper atonement for their sins, Caribbean countries said.
FILE PHOTO: A man enters the Lloyd's of London building in the City of London financial district in London, Britain, April 16, 2019. Picture taken April 16, 2019. REUTERS/Hannah McKay
The Lloyd’s of London insurance market apologised on Thursday for its “shameful” role in the 18th Century Atlantic slave trade and pledged to fund opportunities for black and ethnic minority people. “It is not enough to say sorry,” said Hilary Beckles, chairman of the CARICOM Reparations Commission which was set up by Caribbean countries to seek reparations from former colonial powers such as the United Kingdom, France and Portugal.
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