Chief co-ops officer urged to save flailing army credit union

Even as the Guyana Cooperative Credit Union League (GCCUL) yesterday called on the Chief Coopera-tives Officer to rescue the beleaguered Guyana Defence Force Credit Union (GDFCU), a top army official explained that the suspension of loan grants was done to scour the union of bad practices.

The GCCUL yesterday registered its “deep concern” about the “ominous developments” in the affiliate GDFCU and urged an intervention.

“We call upon the Chief Cooperatives Development Officer to use the authority vested in him under Chapter 88:01 to ensure that all accountably, regulatory and governance issues are