FLYING FISH & COU COU: Riding the fatted calf
QUESTIONS ARE being asked why the money from what has become the national slush fund should be used to provide bridging finance for a project in United States dollars, over and above the value of the item being sold.
Of course all sorts of people are asking questions these days, and as has become the norm, no one answers. But what makes the questions being asked now more urgent is that they are coming from mostly people with passports to ride the fatted calf.
Their concern is that the shares in a now non-functioning entity are worth $19 million at most. Yet Government intends to buy the entire asset for $106 million, and has ordered the slush fund to pay over US$27.5 million in bridging finance towards the purchase and redevelopment of the property.
These passport holders are vex at the move, saying it would hurt small investors, like themselves. They told Cou Cou if Government purchased all the shares it would allow them to get back something from their investment – as some of them had borrowed money to invest in the entity in the first place.
They argued that when the entire asset is bought out, the major shareholders would be paid off first, leaving crumbs, if anything at all, for them.
This group are upset too that the directive is to pay the owners in US dollars at a time of dwindling foreign exchange. They stressed that as the company doing the sale is on the local stock exchange, the whole transaction should be in local currency.
Attorney pays up
After trying for over a year to get an attorney to hand over $130 000 to her, a woman finally put a deep-seated fear in the dishonest attorney by telling that person she was going to tell her story to The NATION.
The attorney, who had been dodging the poor woman for over a year, wasted no time in writing a cheque for the money owed.
The woman, who resides overseas, told Cou Cou she had hired the lawyer to undertake a legal transaction for her, but the legal eagle failed to hand over the money despite several enquiries about it.
Fed up with the attorney’s many excuses she hopped on a plane to Barbados and had her relative call up the attorney and trick them into a meeting.
The enticement was to tell the attorney that she was selling an upscale property for $3 million and she wanted the legal eagle to take care of the transaction. They even made the attorney wait for three hours after the scheduled time by telling that person they were running late.
When she finally got to the attorney’s office way after sunset, she walked in with her family members and demanded all of her money, while threatening to put her in the paper if she did not hand over the cash.
They watched in total amazement as the speechless attorney pulled out their cheque book and simply wrote out the cheque without saying a single word.
And, by the way, the cheque was good to go.
Heat in the kitchen
EMPLOYEES working in the kitchen at an important health institution are calling on management to turn off the heat.
Apparently, a cook who has gained the reputation of being a troublemaker punched another employee in the face during one of her many tirades.
Upset staff are wondering if no disciplinary action has been taken against her because the supervisors themselves are afraid of her and because she usually brings them a bottle of wine.
But workers are so fed-up with this kitchen bully that they are planning to put down their utensils and turn down the pots and pans if she is not disciplined.
They do not forget that only last year this same woman and her cohorts spurred on a fight in the kitchen, which led to someone being severely injured, and again nothing was done about this bad behaviour.