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Reply to "Are GLOBE TRUST DIRECTORS BEING PROTECTED BY THEIR COLLEAGUES IN THE OPPOSITION ?"

Nazmoon Zorina Adams: I write concerning the disrespect, dishonesty and blatant “eye pass” shown by the Managing Director and Board of Directors of the now defunct Globe Trust And Investment Company Limited to persons who put their hard earned money into accounts at that financial institution. Large sums of money which were never repaid, were loaned to their friends and associates, some of whom I know personally, without the requisite collateral.
Of course we all know of the “Hand wash Hand”, or the “Yah you Yah me” stories. Some of these persons are alive and well and living right here in Guyana moving about shamelessly and without any remorse.
Their assets should be seized and sold and the proceeds used to pay poor people who were robbed.
I, a housewife, had a small fixed deposit of $380,869.09 prior to the turn of the century, was given a “hand out” of $11,954 last week.
There are Guyanese living abroad whom I know have been saving their pension there and have now lost it.
There are also poor people’s children who have lost their little savings.
I have a cousin who deposited $1,000,000 one day before that institution closed doors, when he returned the following day to transact some other business he was greeted by a closed door. He also was given a pittance last week.
Would any sane person believe that Globe Trust did not know that it would have been out of business the day after they took that man’s money?
They should all be wearing pumpkin suits for their deeds. But again as the saying goes, this is Guyana.

FM
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