Latest update April 23rd, 2024 12:59 AM
Jul 25, 2009 News
…says will not tolerate antagonistic group anymore
Chairman of the Board of Directors, Dr Nanda Kishore Gopaul, in a recent interview with this newspaper said that Chartered Accountant, Christopher Ram, did not have the influence and clout that he spoke of at the Company’s Annual General Meeting.
Dr Gopaul added that it was he who allowed Ram’s views to be heard and that he asked him to prepare the terms of reference to repatriate the UKL investment.
According to Gopaul, Ram was creating a wrong perception, creating difficulties at the society. “When you want to work with people and you make an accommodation and allow them to make a contribution, they give the impression that they have scored a massive victory.”
Gopaul was adamant that there were no victories on the part of the group known as the concerned members of NBS. “They will not have a victory if they continue like that; we will take them on at every corner.”
Gopaul insisted that he would not allow the group in any way to take NBS into disrepute, given that the society was doing a “wonderful job for people.”
He said that if one were to do a survey on who benefits from NBS, one would quickly realise that it was the poor and downtrodden.
“Far from it when Mr. Ram was on the Board, they were not looking after the poor, they were instead concentrating on Building Camp Street Avenue, the rich and the privileged people, they were an elite group not concerned with people.”
He said that in those years when Ram was on the Board a mere 200 loans were given out as against the thousands of loans that the company now gives out per year.
Gopaul also chided Ram for the then repayment strategy adopted by the Board headed by Mr. Ram, pointing out that it has changed. “We do not go pouncing on people or moving to foreclose on their property, we work with people, we work with the poor to ensure that they get a home.”
The NBS chairman was also adamant that NBS was not going to allow a minority group of about 15 persons out of 100,000 members to distract them.
It was unfortunate that they get publicity which they use to create destabilisation in NBS which, he said, “has been so helpful to the people of this country.”
He said that when Ram was on the board and someone could not show a pay slip, then that person could not get a loan but the current board was cognisant of the fact that some Guyanese do odd jobs but at the end of the day they will repay their loan.
Dr Gopaul also stated that Ram has only made one deposit at the Bank which was just at the limit, allowing him to be eligible for directorship.
“I want to say that those who are making noise and talking about risk to the society, many of them are not depositors, they are borrowers of the society, if they are not happy with the way the society is operating they can withdraw their money.”
The NBS Board Chairman was adamant that he was in possession of a plethora of evidence illustrating what Ram and the then Board did to the society.
He noted also that Ram was free to contest for a position as Director.
According to Gopaul, the time was up for the saying that they will not tolerate the unwanted criticism in the public.
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