Beleaguered Community Resource Collaborative faces new $190K lawsuit from ESL
CRC, the fiscal agent for a large federal grant, apparently mishandled hundreds of thousands of pass-through dollars.
Source: yahoo.com
Defaulted Loans News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Defaulted Loans. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Defaulted Loans Today - Breaking & Trending Today
What's really causing our non-performing loans to skyrocket?
It is alleged that a group of politically-connected people took out large loans from state-owned commercial banks (SOCBs) and intentionally defaulted on them.
Source: thedailystar.net
Loan Takeover: 'more Allegations Against Key Accused' | Kochi News
Thrissur: Congress leader Anil Akkara on Sunday alleged that Satheesh Kumar, who was arrested by ED in the bank scam, had fleeced the money sanctioned.
Source: indiatimes.com
Climate funds perpetually stuck in a scam-ridden bank
The Bangladesh Climate Change Trust (BCCT) entrusted Tk 538 crore to the then Farmers Bank Ltd with the expectation that this substantial deposit, coupled with accrued interest, would be returned within a year.
Source: thedailystar.net
Banking sector reform can no longer be delayed
In Bangladesh, the primary reason behind excessive bad loans is a general lack of governance and, in particular, the inability to enforce banking regulations, which breeds corruption and moral hazard.
Source: thedailystar.net