‘LBDI Has No Plans to Shut Down’

first_imgAn official statement from LBDI says the bank continues to remain financially sound.The Liberian Bank for Development and Investment (LBDI) says a publication in the Monday, September 2, 2019 edition of the In Profile Daily Newspaper, captioned: “LBDI TO SHUT DOWN?” is far from the truth. The story, also lifted in the GNN Online Newspaper, speculates a possible shut down due of the Bank to borrowers’ default payments.The In Profile Daily and GNN Online news articles pointed to allegations that Minister of State Nathaniel McGill and a road contractor, Tony Lawal, Chief Executive Officer of Praise Gloria Lawal, both took loans worth hundreds of thousands of United States Dollars from LBDI and have defaulted on said loans.In a brief chat with the Daily Observer, LBDI President John B. S. Davies described the story published by those two news organs as “fake news”.Lewis Glay, editor of the In Profile Daily, told the Daily Observer that though he did not personally handle the story before publication, he knows and trusts the work of the reporter who wrote the story.An official statement from LBDI says the bank continues to remain financially sound.“LBDI wishes to assure its valued customers, stakeholders, partners and the general public that despite the general economic challenges, the Bank continues to remain financially sound and assures the public that all of its Branches across the country remain open for business,” the statement said.It continued: “The Management of LBDI, with the approval of its Board of Directors, is currently undertaking major enhancements in its digital financial services through a migration of its Core Banking Software. ATM services and other business processes to provide more convenience to its customers. We are aware that these reform exercises are adversely impacting service delivery across the Enterprise. The Bank encourages that press and other stakeholders to join the transformation initiatives.”Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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Govt in breach of Constitution – ABE Diplomats

first_imgIn a joint statement, moments ago, the United States Ambassador to Guyana, Sarah-Ann Lynch, British High Commissioner, Greg Quinn, and the European Ambassador, Fernando Ponz Cantó said that the APNU-AFC Coalition Government is currently in breach of the Constitution following its failure to adhere to the decisions of the Caribbean Court of Justice on June 18.The ABE Diplomats are calling on President David Granger to set an elections date immediately in full compliance with the Constitution.See full statement below:The United States of America Ambassador to Guyana, H.E. Ambassador Sarah-Ann Lynch, United Kingdom High Commissioner to Guyana, H.E. Greg Quinn and the European Union Ambassador to Guyana, H.E. Ambassador Fernando Ponz Cantó joint statement on the Guyana Elections Commission (GECOM) proposed elections timeframe.“The United States, United Kingdom and the European Union thank the Guyana Elections Commission (GECOM) for devising a proposed elections timeframe for conducting General and Regional Elections.However, we deeply regret that, by surpassing September 18, the Government is currently in breach of the Constitution following its failure to adhere to the decisions of the Caribbean Court of Justice (CCJ) on 18 June and its subsequent orders.This situation comes at great cost to the people of Guyana. The prevailing political uncertainty undermines Guyanese institutions, compromises economic opportunities and delays development across all areas including infrastructure, education, health, and social services. It also hinders our ability to support Guyana’s development needs.We therefore call upon the President to set an elections date immediately in full compliance with Guyana’s constitution.”last_img read more

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Club legend released by Crystal Palace

first_imgCrystal Palace have released former England striker Andy Johnson, the Premier League club have announced.The 33-year-old club legend returned to the Eagles in September on a free transfer after coming to the end of his deal at fellow London club Queens Park Rangers.He was named in then-manager Neil Warnock’s 25-man Premier League squad but went on to make just one appearance this season – their Capital One Cup defeat to Newcastle in September.And Johnson, who scored 84 goals in 160 games in his first four-year spell at Palace, is now on the search for a new club after seeing his short-term contract at Selhurst Park expire.Following his release, the striker said: “It was great to be back at Palace, if only for a short time.“I wish everyone at the club and those great supporters every success for the rest of the season.” 1 Crystal Palace legend Andy Johnson last_img read more

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DONEGAL’S DEFOG WINDOWS – PLANNING A CLEAR AND SUCCESSFUL FUTURE

first_imgAdvertJoseph Ferry is a perfect example of the never-say-die attitude that has seen small businesses become the backbone of life in Donegal. Joseph, from Chapel Road, Brinlack in Derrybeg once ran a hugely successful business.That business, Euro Coach Builders, once employed 52 people at its West Donegal base.In 2009 Joseph’s world came crashing down when market conditions and poor sales of medium-sized buses saw the company close.Not one to rest on his laurels, Joseph launched Defog Windows at the Ideal Home Show in Dublin in April 2010. The process involves the removal of moisture from inside double glazed windows and is a patented process originating from Canada by inventor Stephen Collins.Agents are now being set up nationwide at present with midlands and Northern Ireland, Dublin, plus England and Scotland still to be agreed.Due to a lot of enquiries from customers regarding removing moisture and mould the company came across a product called PINGI which is rechargeable and was demonstrated by TV IRELAND AM on 20th APRIL last and is now available for online sales at www.pingi.ie or at the showroom in Knockastoller, Bunbeg where they offer steam car wash Friday and Saturday and full valet on request weekdays.Another product that we are offering is the heat your home not the planet chimney damper.All the products and services offered by the company is to save the customer money; example repair windows rather fit new ones while Pingi in wardrobes saves your clothes .Fitting chimney damper your fire lasts longer and generates more heat and reduces emissions into the atmosphere. The company also want to give something back to the local community.On June 9th Defog Windows had an open day and raised €580 for Donegal hospice and €560 for IONAD LAE Gweedore.The company thanked all those who helped on the day especially the musicians who travelled from Tory island and local people who made it possible .DONEGAL’S DEFOG WINDOWS – PLANNING A CLEAR AND SUCCESSFUL FUTURE was last modified: July 10th, 2012 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:DEFOG WINDOWSlast_img read more

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Garda injured after man kicked off shoe and struck him in groin

first_imgA man who kicked off his shoes in a Garda cell left an officer needing medical treatment after he struck him in the groin.Officers arrested Matthew Heaphy in Letterkenny and taken to the local Garda station on February 23rd last. They put him in a cell but asked him to take the laces from his shoes in line with safety procedures.But Heaphy kicked of his shoe and struck the Garda in the groin forcing him to put his back out after he jerked backwards.The Garda had to receive medical treatment and was off work for some time.Heaphy, aged 30, from Hazelbrook Crescent, Letterkenny, appeared at Letterkenny District Court charged with obstructing a peace officer.Heaphy, who has 37 previous convictions for various offences including drugs and traffic, pleaded guilty to the charge.His solicitor Patsy Gallagher told the court that his client had previous issues with both alcohol and drugs but was now clean.He said he had started an apprenticeship with a well-known hotel in Co Wicklow and was attempting to get his life back in order.Judge Paul Kelly said it appears the accused man had sorted himself out and applied the probation act.Garda injured after man kicked off shoe and struck him in groin was last modified: October 24th, 2016 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

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DONEGAL BIKE WEEK GETS OFF TO A SUNNY START

first_imgLaunch of the Donegal Bike Week at the Donegal County Council’s Public Services Centre and the Diamond, Donegal Town.The sun shone brightly in Donegal Town for the launch of Bike Week Donegal which took place at the Public Services Centre in Donegal Town. Chairman of Donegal County Council Cllr John Campbell in what is one of his remaining functions as Chairman launched the week long programme of cycle related activities which take place between the 13th and 21st June.The gathering included teachers and senior class children from Scoil Aodh Rua agus Nuala, Gaelscoil na Ceithre Maistirí and the Glebe Primary in Donegal Town as well as fellow Councillor and Donegal Sports Partnership Director Tom Conaghan, Directors Of Donegal Sports Partnership Colin Mc Nulty and Eamon Harvey. Cllr Campbell welcomed the large turnout and thanked programme coordinators Donegal Sports Partnership and Donegal County Council and all the local community groups, schools and cycling clubs for their efforts to promote safe cycling and cycling as a sport.He hoped that the pleasant weather would encourage many more to dust down their cycle and participate in one of the many events organised during the Bike Week 2015 or to just go out and enjoy the many benefits cycling has to offer including getting some fresh air, some exercise or just having fun with some friends.He stressed the importance of safety when cycling on public roads as cyclists have to share with walkers and cars. He then invited everyone with a bike to join him in a lunchtime cycle to the Diamond in Donegal Town and back to the Public Services Centre and thanked the Gardaí of Donegal Town for their support in traffic management for the event.National Bike Week 2015 is a national programme supported by the Department of Transport, Tourism and Sport and coordinated locally by Donegal Sports Partnership with the assistance of Donegal County Council.Bike week events can be viewed at www.bikeweek.ie or www.activedonegal.comFurther information available from Myles Sweeney or Karen Guthrie at info@activedonegal.com or 074 9116078 /0749116079DONEGAL BIKE WEEK GETS OFF TO A SUNNY START was last modified: June 12th, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Donegal Bike WeekSports Partnershiplast_img read more

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WHY FRANK DOESN’T NEED A LESSON IN BEING A HUMBLE GAA STAR!

first_imgFrank with fellow teachers and pupils at Stramore National School. Pics by Geraldine Diver.He had just played one of the biggest games of his GAA career.But like many of the other Donegal players, Frank McGlynn was back earning a crust this morning.No sleep-in or massage down the local spa! Frank, a teacher at Stramore National School, was back in the corridors rubbing shoulders with his pupils.And that’s why Frank and his fellow GAA stars are held in such high esteem by everyone in Donegal.  WHY FRANK DOESN’T NEED A LESSON IN BEING A HUMBLE GAA STAR! was last modified: September 1st, 2014 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:donegalFrank McGlynnGAAStramore National Schoollast_img read more

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Carr looking for a little Luck when Raiders face Colts

first_imghttps://youtu.be/5W1iu_UetbMFor complete Oakland Raiders coverage follow us on Flipboard.ALAMEDA — It was Christmas Eve, 2016, and Derek Carr was on top of the world and the toast of the Coliseum.The Raiders led the Indianapolis Colts 33-14 in the fourth quarter, there was talk of an AFC West title and maybe even a Super Bowl. On the other side of the field, Andrew Luck was gritting through the pain of a shoulder that had been reduced to strands of thin spaghetti. The former No. …last_img read more

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Camac Energy lists on South African bourse

first_imgCamac Energy, a US-based oil and gas exploration and production company focused on energy resources in Africa, on Monday became the first new company to list on the Johannesburg Stock Exchange (JSE) in 2014.The company, which is headquartered in Houston, Texas and has a primary listing on the New York Stock Exchange, began trading on the main board of the JSE, making its oil and gas opportunities and shares available to local investors for the first time.Camac Energy’s portfolio includes eight licences, including production and other projects off the coast of Nigeria, and onshore and offshore exploration licences in Kenya and off the coast of Gambia.“The listing in Johannesburg gives Camac Energy a presence on Africa’s biggest bourse and access to a large and diverse investor base with an array of investors looking to gain exposure to the African continent,” Zeona Jacobs, director of issuer and investor relations at the JSE, said in a statement on Monday.Camac Energy CEO Kase Lawal said the JSE listing “signifies a new chapter in our company’s history and allows access to capital on the continent, as well as providing a new option for investors in terms of diversity”.Earlier this month, the government-owned South African Public Investment Corporation (PIC) secured a 30% shareholding in Camac Energy through a US$270-million private placement.Lawal said on Monday that his company was “honoured that the PIC has invested in our growth plans with confidence, and we welcome them on board as a significant strategic partner on our exciting journey ahead”.Noah Greenhill, head of corporate finance at Sasfin Capital, which acted as Camac Energy’s corporate adviser and sponsor for its listing, said it was important that the JSE “lists businesses with assets in Africa. As Sasfin, we are playing our role in bringing African assets to the JSE.”SAinfo reporterlast_img read more

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