Members of the Guyana Public Service Cooperative Credit Union were on Sunday notified that the entity has been able to recover 50 per cent of the amount it had invested in the ill-fated Clico.
The statement, contained in the Report of the credit union’s Committee of Management, adds that the credit union is “determined, through consistent lobbying, to have the entire sum invested, with interest, returned to the credit union”.
At its Sunday November 10 Annual General Meeting the GPSU Credit Union also announced an intended dividend payout of $125,896.081 for the years 2009 to 2010. The announcement of the forthcoming dividend payout was made against the background of disclosures in the Chairman’s report regarding the computerization of members’ accounts in
