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Commentary on the CL Financial Shareholders’ Agreement of 12th June 2009
http://www.caribbeanpressreleases.com/articles/6498/1/Commentary-on-the-CL-Financial-Shareholders-Agreement-of-12th-June-2009/Page1.html
S Coward

 
By S Coward
Published on 18-Mar-10
 
March 18, 2010 -- The SA is silent as to quantum, which would seem to mean that the group will enjoy unlimited access to taxpayers’ funds...Indeed, it seems clear that the cupboard is bare and that this CLF group has no unpledged assets of any value...No mention of interest at all. We are therefore now advancing an unlimited quantum of taxpayers’ funds, for which no security has been provided and those funds are being advanced at ZERO interest...