Was BAI a “disaster waiting to happen”?

Goldfinger coming back from hibernation has affirmed that BAI was a “disaster waiting to happen” …He accused the BAI group of having ‘plundered investors’ and asserted that he believes that Dawood Rawat's demand for Rs 100 billion will not be met. Trusting the justice system, he argued that Rawat would not be fortunate enough to get even ‘one rupee’. On the contrary, he said, the government should ask him to pay back the money spent to save the country.

Ban Pantins ki finn osi zouir!

They have a good excuse -“We just obeyed orders ! “

Ki Acting FS, ki Chokra, ki Bissesur, ki Ken Poonoosamy (dan ka Sobrinho), ki board MIC, ki board MTPA, ki board SBM, ki board Air Mts, ki board, ki board STC, ki board….ki ban advisers.......... zot tou ti obligé parski fin gayn ban fortes pressions !

Pada’s henchmen!

Pada will surely go down in our short economic history as the champion of crony capitalism and nepotism and hailed as the master of financial fraud and corruption; he may be leaving his mark as one among the most corrupt Finance Ministers the country has ever known. (As corrupt as some previous ones , the ones viewed as trojan horses of the private sector dutifully carrying out the agenda of their backers and sponsors).

Le backlog de Sithanen !

The Governor of the Central Bank, at a ceremony marking the migration of ABCB Holdings to the official market of the Stock Exchange of Mauritius, was harking back again on the ‘extremely difficult’ monetary legacy left by the previous administration. He was referring to the printing of Rs 186 billion, divided between the government (Rs 93 billion), the Mauritius Investment Corporation (Rs 81 billion) and four state-owned companies (Rs 12 billion).

The Governor and the Politician !

A central bank governor needs a degree of reserved communication to maintain credibility, avoid over-promising, and ensure effective monetary policy implementation, as over-communication can lead to "signal extraction problems" and undermine policy credibility.

Sithanen’s unconvincing intervention on Radio Plus

Much of what Sithanen mentioned in his intervention is already public knowledge -the money transferred from BoM’s capital reserves for the repayment of Govt’s external debt, the transfer of Rs 60 bn to Govt , the MIC transfer of Rs 25 bn to Govt, dressed up as an investment in Airports Holdings Ltd, a state-owned company, which enabled Govt to pay off Air Mauritius creditors, the recourse to central bank deficit financing , the imprudent fiscal management, and the manipulation of GDP and Budget figures & so on- due to the efforts and articles of some top economists while our Sithanen was either advising the Govt on helicopter money or hibernating ….it seems that it’s now that he is finally beginning to wake up to the enormity of the economic devastation caused by our Pada.

My comments on the "SEL SOLUTION REVOLUTION" post (see attached)

 

Who cares who is Paul Lismore ? Kan li ti pé kraz rézim Jugnauth day and night, sans relâche-becoming one of the most popular and pertinent blogs that could not be missed, long before the manifestation of "Moustass Leaks "- so pseudonyme pas ti enn problem ler la !!