Business, News
on July 26, 2015
More questions for Sinckler
TELL THE COUNTRY THE FACTS.
That was the challenge thrown out yesterday to Minister of Finance Chris Sinckler by Opposition Leader Mia Mottley regarding the Credit Suisse loan.
Despite a Ministerial Statement by Sinckler on Thursday explaining that Barbados had not defaulted on the loan and had paid $41.23 million as of June 18, Mottley is still demanding to know if the loan was refinanced.
Speaking during a news conference with economic adviser Clyde Mascoll at her side, the Opposition Leader maintained that close to $78 million was owing to Credit Suisse, the global investment bank. (MB)
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