Alexander B. Cummings, political leader of the opposition Alternative National Congress (ANC) says concealing the details of the loan, no matter how good it’s purpose may be, depicts lack of transparency on the part of government. “We are owed as a people what the terms of the loan are, what is the collateral, what fees are being paid to whom? Speaking on the 5050 talk show on Sky FM in Monrovia on Wednesday, Mr. Cummings questioned the intent, mode of repayment and the economic benefit of the loan to the country. Loan Not Needed NowAs a young government with a troubling economy, Cummings says seeking loan at this point in time is premature. Eton Finance Private Limited was incorporated on August 22, 2016 and was recorded as private company limited by shares.

Source: Front Page Africa April 26, 2018 03:24 UTC