An Interim Management Committee was this month set up to manage the Linden Utility Cooperative Society Limited (LUCSL).
A release yesterday from the Ministry of Labour said that this followed a determination by the Chief Cooperative Development Officer (CCDO) that LUCSL is being mismanaged.
The release noted that the Co-operative Society Act, Chapter 88:01, empowers the CCDO to take over any Cooperative or Friendly Societies, or Credit Union, that in the opinion of the CCDO is mismanaged or not transparent.
