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NIS has on its balance sheet an asset of $6,000 million of investments in Clico.

 

Is it recoverable?

 

NO!

 

Does it produce any income?

 

NO!

 

Why is it not being written off?

 

Because if the right thing is done then NIS will become technically bankrupt.

 

So the LUNCH man strategy is collect from the workers and deny them their payouts.

FM
Originally Posted by KishanB:
Originally Posted by Brian Teekah:

Chairman of the National Insurance Scheme who is also the Head of the Presidential Secretariat has misled the public into believing that the investments of NIS in CLICO would be recovered.

 

Not one cent so far!

Where is Lunchman to answer these questions.  Hiding still?

I ask again why is Lunchman hiding?

FM

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