Saturday, September 17, 2011
Is Lorne Riding on FICS' Scholarships?
.Why the presentation? For a long time now The Choiseul Credit Union have been investing in Lorne father's bank - FICS. The Coopeative has over $1m in shares in that bank. (checkout the financial statements of the cooperative, Dec. 31, 2010). With such an investments in FICS, its management have seen it fit over the years to payback to Choiseulians a token for using their money. Get it? Not the foolishness and electioneering propaganda that is making the rounds. The monies in the Credit Union belongs to all P's and no P's. So it's everyone's money that FICS is using, not Lorne's dad's or Lorne's himself.
This blog have always commended the administration of FICS for this initiative from its inception. It is hoped that they will disassociate themself from these reckless and unfounded statements. Lorne himself, should not try to ride on this for whatever reason. He also should make a statement and clear this misconception being fueled by his uninformed supporters. Be clear now on FICS' reason for the Schols