The majority of Globe Trust debtors have ignored repeated calls to repay by liquidators Nizam Ali, and only a tiny fraction of the funds have been recovered. Ali told Stabroek News yesterday that the funds collected so far are nowhere near what they should be, but he remains optimistic. The long-running appeal to debtors of the bankrupt company, which includes several directors, still stands according to Ali. Since taking over as liquidator, Ali has consistently appealed to those who owe Globe Trust to repay the organization.
The liquidator is required to make an important filing during the process and when questioned about this, Ali said a request for an extension is likely to be made. He said the slow pace at which debtors are responding to the process has affected it, particularly as it relates to moving forward.
Well! Mr Ali could start here! He could start by taking actions to have PNC/R MP Deborah Backer's $44M Range Rover forfeited as according to our investigations, the money owed by Deborah and her husband, who was a director at Globe Trust, is enough to reimburse 2000 depositors.
Indeed Mr. Ali you could begin the process here, these culprits in the PNC/R are prune to thieving from people, and this is a business they stalling up all because of there selfish and negligent manners...Corbin step down because he is tired of there dirty ways, he didn’t have a choice
ReplyDeleteThis is what they tek the people money n buy Range i tell ya and these are the people who want to lead the young generation for better lives and future.
ReplyDelete$44M vehicle, these people aint got shame, having a vehicle this expensive plus there were apart of this company and yet they can’t pay there debt, how can people of such moral think of administering a political party, this too much....low class and shameless
ReplyDeleteI don’t know why they don’t put all of these thieves from the opposition behind them bars at Brickdam . at least they will get good facility, and less complaining...these people need some good punishment...they too damn selfish
ReplyDeleteWhen Globe trust Collapsed the PNC kept harping that it was the Government that caused it, when this was far from the truth. Their very own executive member Deborah Backer whose husband presided over this entity pillaged the coffers of Globe Trust to provide a foreign education for their children and not forgetting the famous range rover and the 2008 Rav 4 which they currently drive.
ReplyDeleteAnd this is the woman the PNC is putting forth to be their candidate for Speaker of the House?
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