He said if the Government directors on the CL Financial board take a decision without the agreement of the CL Financial directors, there is the possibility of the matter being tied up in litigation "the next morning." The official also revealed that Proman, a German partner in Clico Energy, had offered to return that company to the Government in exchange for seven per cent of Methanol Holdings (Trinidad) Ltd (MHTL). CL Financial chairman Lawrence Duprey sold Clico's stake in Clico Energy on February 3, 2009, three days after signing a Memorandum of Under with the Government to bailout Clico, Clico Investment Bank and British American.