The Vincentian E-Newspaper 15-02-13

Page 1

The National Newspaper of St. Vincent and the Grenadines

FRIDAY,

FEBRUARY 15, 2013

VOLUME 107, No.7

www.thevincentian.com

EC$1.50

ÂNO PRIOR NOTICE TO FAMILY MEMBERS,Ê SAYS PM Above: The Building and Loan Association headquarters was abuzz with activity over the last three weeks or so.

Right: Prime Minister Dr. Ralph Gonsalves warned the Opposition to keep his family’s name out of their ‘nastiness’.

Gov’t to B&L’s rescue

by WILLIAM ‘KOJAH’ ANTHONY PRIME MINISTER DR. RALPH GONSALVES is adamant that he did not tell his mother or any other members of his family

about the situation in which the Building and Loan Association had found itself. That institution, established in 1941, has become the subject of national attention,

especially over the last three weeks. The bubble burst following a letter by Luke Browne in THE VINCENTIAN newspaper, January 18, 2013.

Two weeks later, the Financial Services Authority (FSA) took over management of the operations at the Association. In between those times, the main office of the Building and

Loan Association, situated in the heart of capital city Kingstown, had become a hive of activity. Continued on Page 3.


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