Caswell Franklyn, Unity Workers Union

The Caswell Franklyn Column – Student Revolving Loan Fund: Guarantors Left Holding the Bag

Caswell Franklyn, Head of Unity Workers Union

Caswell Franklyn, Head of Unity Workers Union

In an effort to recover monies owed to the Student Revolving Loan Fund by delinquent borrowers, the Student Revolving Loan Fund Management Committee (Committee) has resorted to naming and shaming delinquents by publishing their names in the print media. I wish the Committee well in its efforts but I am afraid that it is going to be difficult to shame persons who seem to be devoid of any conscience. They made use of the funds and now have no compunction about not repaying so that others can benefit, as they did.

Many of these heartless defaulters had asked friends and family members to be guarantors. Now that the loans are in arrears, these kind-hearted souls are left holding the bag and are required to repay the debt. Unfortunately, in many cases, the guarantors are retired public officers who rely solely on their pensions to keep body and soul together. And now without showing any mercy, the Committee has issued instructions to the Accountant General to garnish their pensions.

I do not know if the Accountant General has acted upon those instruction but the Committee will soon find out, if they have not already done so, that it has no authority to issue those instructions.

Pensions granted to retired public officers are intended to maintain the pensioners’ quality of life, and can only be levied upon in very limited circumstances. Regrettably, satisfying another person’s commitments to the Student Revolving Loan Fund does not qualify. Section 15 of the Pensions Act states:

15. A pension, gratuity or other allowance granted under this Act shall not be assignable or transferable except for the purpose of satisfying

(1) a debt due to the Crown or a debt due to the Housing Authority under the Public Officers Housing Loan Fund Rules, 1958;

(2) an order of any court for the periodical payment of sums of money towards the maintenance of the wife or former wife or minor child of the officer to whom the pension, gratuity or other allowance has been granted, and shall not be liable to be attached, sequestered or levied upon for or in respect of any debt or claim whatever except a debt due to the Crown or a debt due to the Housing Authority under the Public Officers Housing Loan Fund Rules, 1958.

The Student Revolving Loan Fund is not the wife or minor child of any of the guarantors and it is certainly not the Crown. It is a statutory board established by section 3 of the Student Revolving Loan Fund Act. Section 4 established the Student Revolving Loan Fund Management Committee, and goes on to say at subsection (2):

“The Committee shall be a body corporate and section 21 of the Interpretation Act, Cap. 1 applies thereto”.

For the purposes of this article, part of subsection (1) is relevant, it states:

21. (1) Where an Act passed after the 16th June 1966, contains words establishing, or providing for the establishment of, a body corporate and applying this section to that body those words shall operate-

(a) to vest in that body when established-

(i) the power to sue in its corporate name;

(ii) the power to enter into contracts in its corporate name, and to do so that, in relation to third parties, the body shall be deemed to have the same power to make contracts as an individual has;…

This does not mean that a guarantor, who is a government pensioner, does not have to repay the loan in the event that the borrower fails to honour his/her commitments to the fund. It means that the Committee would have to take those pensioners/guarantors to court to see if they have any means to pay, other than their pensions.

While I condemn, in the strongest terms, those borrowers who refuse to repay their debt to the Student Revolving Loan Fund, the Committee must share in the blame for accepting men of straw to be guarantors.

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129 Comments on “The Caswell Franklyn Column – Student Revolving Loan Fund: Guarantors Left Holding the Bag”

  1. Roger Headley September 11, 2016 at 7:11 PM #

    The crux of the matter is honesty. So let’s also get the list of present and past MPs who have refused and continue to refuse to pay their taxes. Let’s get the list of present Parliamentarians who before they were MPs and had their private businesses refused to pay the requisite taxes. Its persons like you, mot just those that refused to repay the revolving loans. that robbed the Treasury.

    Like

  2. Colonel Buggy September 11, 2016 at 9:13 PM #

    Anonymouse – TheGazer September 11, 2016 at 5:27 PM #
    A few months ago, before I was fitted with a so-called smart meter, my monthly bill on average,was $30. Some residents in Sugar Hill ,at that time, had bills of almost $40. some even higher.

    Like

  3. Colonel Buggy September 11, 2016 at 9:20 PM #

    The Price is Right , Spin -The-Wheel Bajan Style

    Like

  4. Violet C Beckles September 12, 2016 at 7:19 AM #

    where are the tax returns? where are child care credit ? where is Barack money ? where is Violet Beckles money? ,where is the NIS money and they to lead by what? Fraud,
    How can someone who dont pay their bills force you to pay yours? that they create ? As the Ministers pay goes up so does your taxes and vat in line with their pension, Hall your asses, Everybody fat all the food gone , but yet the food gone,We not hungry we just pick.

    Like

  5. Well Well & Consequences September 12, 2016 at 8:10 AM #

    http://www.nationnews.com/nationnews/news/85408/clico-investors-dying

    That is exactly what Fruendel and his Fowls like Alvin are waiting for….all the poor, ekderly pensioners who had all their money stolen by the tief Leroy Parris, to die out so they will not get a dime back.

    Like

  6. millertheannunaki September 12, 2016 at 9:12 AM #

    @ Well Well & Consequences September 12, 2016 at 8:10 AM

    These student loan defaulters are of the same moral mould as those to whom the leader of the corrupt pack of demonic lying parasites gave succour and advice.

    Do you remember the famous expressions of loyalty to the devil of dishonesty?
    ‘The man [Greenverbs Leroy P] is not leper. He is my close friend and an estimable gentleman with an impeccable track record as an astute and successful business man’.

    ‘My friend Michel Carry-away-a-ton is not only an honourable member of this august chamber but also a well-established and learned attorney-at-law and if he is wrongfully accused of stealing a pensioner’s money then I would ‘genuinely’ advise him to get a lawyer (preferably one more crooked than he) in order to tell that disabled old fart Gruffudd the Griffin to ‘karryaway a ton of he mudda scunt before the speaker pulls a pit-bull gun on him and sends him to the committee of stalemate to die a most dishonourably inevitable death.

    Don’t you think with that kind of moral instruction to outstanding members of the Bajan society that socially less responsible members might just have the impression the student revolving fund is just like the NIS to be used by the current administration as a piggybank to dish out largesse to their friends and elections sponsors like the mark baloneys of the grotto?

    Like

  7. Well Well & Consequences September 12, 2016 at 9:21 AM #

    Lol…Miller…the leaders are morally bankrupt, they have no souls or empathy for those who do not want their favors or to become their emptyheaded yardfowls, true sociopaths.

    They ministers do not accept responsibility for their own actions that hurt the economy and people…., but want to blame mothers for their hardheaded son’s behaviors, when those sons are emulating the behaviors of the leaders in parliament.

    Like

  8. Well Well & Consequences September 12, 2016 at 9:24 AM #

    And I should add that the defaulters who are not paying their debt to student revolving are definitely emulating the leaders in parliament who hate to pay debts to people on the island….as Miller said, Fruendel $ Co are supposed to lead by example…but dont.

    Like

  9. millertheannunaki September 12, 2016 at 9:34 AM #

    @ Well Well & Consequences September 12, 2016 at 9:24 AM

    You ought to tell that nitwit Braffit the absurd gorilla (ag) looking boy that since guns are not made in Bim he should look for the source of their importation by looking at the same covered-up investigation into the importation of the illegal condemned chicken wings.

    Like

  10. Sargeant September 12, 2016 at 9:52 AM #

    When yuh grow up hearing yuh old gran mudda singing “Trust and doan pay” and there are no shopkeepers around yuh look fuh de next target and if it happens to be the guvmunt yuh pratice de Italian salute “two middle fingers” in its direction.

    Long live Bim life too sweet, too too sweet.

    Like

  11. Well Well & Consequences September 12, 2016 at 10:52 AM #

    Miller….we been saying that on here for months, if they lock up the importers, the source, if they cooperate with outside agencies that have the technology…..ask their assistance in finding the local importers of the guns in Barbados….the amounts of guns imported will be eliminated…ergo, less guns on the streets, but Adriel Nitwit and Fruendel know why they do not want the guns off the streets…or they would ask for help and coordinate with outside agencies in tracking down the well funded gun runners and importers…who are not the boys on the block.

    If they would put cameras in the port at the airport, seaports and monitor customs completely, if they would put cameras at port st. Charles and port ferdinand and coordinate with outside agencies that have the technology to catch the gun runners entering those ports, who will also be decked out with drugs….but Adriel Nitwit and Fruendel do not want to do so and they know why….all they do is complain and claim that they are not to blame.

    Like

  12. Well Well & Consequences September 12, 2016 at 10:54 AM #

    As for Dumbville and his fraudulent nastiness, he will also get his, no one trusts him.

    Like

  13. Gabriel September 12, 2016 at 10:58 AM #

    Therefore WW&C,the first order of business is to remove Bjerkhamm,Maloney,Williams 1&2,Tempro and Leacock from the inner circle where they are privy to all the inner workings of the security forces.

    Like

  14. Artax September 12, 2016 at 11:02 AM #

    Well Well & Consequences September 12, 2016 at 8:10 AM #

    “That is exactly what Fruendel and his Fowls like Alvin are waiting for….all the poor, elderly pensioners who had all their money stolen by the tief Leroy Parris, to die out so they will not get a dime back.”

    @ WW&C

    I recall that, in March 2015 during his contribution to the debate on the 2015/2016 Estimates of Revenue and Expenditure in the House of Assembly, Freundel Stuart, with a “smug” look on his face, revealed he had a list of the names of those individuals who invested in CLICO’s EFPA plan, while implying they may have been involved in some sort of financial impropriety.

    “. . . Wait. There is going to be a lot to be said on this. Do not mistake my silence for an incapacity to speak. The time will come when all things will be made clear and explained. I ain’t saying anything yet,” Stuart said.

    “He added: “I have a list . . . of all of the persons who invested in the Executive Flexible Premium Annuity, but I ain’t saying nothing yet. I know all the people who EARNING QUICK MONEY, who were ENTRANCED by the LURE of ATTRACTIVE INTEREST RATES. I know them, I have all of the names”.

    “The Prime Minister gave no indication of the nature of the suggested wrongdoing by persons named on the said list, but HINTED that the investment might have QUESTIONABLE LEGAL STANDING.” [Source: Barbados Today, March 17, 2015]

    Against this background, I hope Stuart has other lists in his possession that he plans to soon expose as well.

    As it relates to CLICO and investments that may have “questionable legal standing,” I hope Stuart ALSO has a LIST of the names of those INDIVIDUALS who INVESTED in the CLICO Balanced Fund, which Senator JEPTAR INCE was INSTRUMENTAL in ESTABLISHING in the year 2000.

    Surely Stuart should remember that Ince, as FUND MANAGER, and one of the Fund’s directors, now Ambassador TONY MARSHALL, were ENCOURAGING Barbadians to BORROW money from CLICO Mortgage & Finance Corporation to INVEST in the CLICO Balanced Fund. Interestingly, by 2006 the CBF had declined by 5%.

    Perhaps Stuart may be of the view that those individuals were NOT “entranced by the lure of attractive interest rates,” because Ince and Marshall were not involved in any “investments that might have questionable legal standing.” If this was the case, Ince would not be APPOINTED as a Senator and Parliamentary Secretary in the Ministry of Finance or Marshall would not have been REWARDED with appointments to the NIS Board or as an Ambassador.

    Ironically, Stuart mentioned “people who were entranced by the lure of attractive interest rates.” Yet government is “LURING” Barbadians at home and in the Diaspora to buy government savings bonds, which are being sold at “ATTRACTIVE INTEREST RATES,” as a result of Barbados’ numerous credit rating downgrades.

    More importantly, I hope Freundel has a LIST, to share with Leroy Parris, of the CLICO investors who subsequently died before being reimbursed by CLICO.

    Like

  15. Well Well & Consequences September 12, 2016 at 12:03 PM #

    Gabriel….exactly, those named should not be having any information about national security or be present at any such meetings…re coordinating with outside agencies to grt rid of the gun and drug runners, money launderers and human traffickers… that would defeat the whole purpose. …

    ……..it’s only high level law enforcement officers should know what’s going on so it would be easy to pinpoint who works for the same gun and drug runners..

    You see now why Fruendel and Adriel Nitwit dont want to involve outside agencies…like Mia and the same named, with trying to get rid of social media out of Barbados….they are protecting the criminals they know are involved.

    Like

  16. millertheannunaki September 12, 2016 at 12:31 PM #

    @ Artax September 12, 2016 at 11:02 AM #
    “Ironically, Stuart mentioned “people who were entranced by the lure of attractive interest rates.” Yet government is “LURING” Barbadians at home and in the Diaspora to buy government savings bonds, which are being sold at “ATTRACTIVE INTEREST RATES,” as a result of Barbados’ numerous credit rating downgrades.”

    One might be tempted to say these so-called investment grade bonds being peddled by Deliar are no more safe than the same EFPAs the man Fumble is now decrying.
    The same conditions that forced CLICO to push junk paper to the greedy and gullible now exist with the GoB.

    What we want to hear about are not condemnations of the EFPA gamblers but those who were sold ‘guaranteed’ life insurance policies and were, as part of their employment contracts, forced to become members of their employers’ occupational pension schemes.

    Like

  17. Well Well & Consequences September 12, 2016 at 12:44 PM #

    The insurance industry in Barbados is a scam, when you get robbed by the criminals managing these companies, you have little to no recourse in the compromised and corrupt court system…people be warned.

    Your best bet is to expose everything they are doing, let everyone know.

    Like

  18. Well Well & Consequences September 12, 2016 at 12:54 PM #

    Art….Stuart is a liar and hypocrite, he himself claimed he has policies with CLICO, so his name should be on that list he is waving around…..Leroy Parris and his lying insurance representatives targeted clico policyholders in their 70s and 80s because they knew these people would not bother their heads…..at their advanced ages….investigating the new policies or the representatives they know and trust for years…..

    They knew they eere going to rob those elderly people, Parris knew he was selling those policies…illegally.

    Both governments were warned by the supervisor of insurance that Parris was selling policies illegally…they ALL ignored the criminal activities and allowed Parris to steal from senior citizens and launder the stolen money, helped by his sidekicks.

    Fruendel should be ashamed.

    Like

  19. Alvin Cummins September 12, 2016 at 4:58 PM #

    Well Well: Miller, Artax,

    “…Fruendel should be ashamed…”
    “..Both governments were warned by the supervisor of insurance…”
    Since when was Freundel responsible for the actions and activities of the BLP?
    You also say:”…they knew these people would not bother their heads…..at their advanced ages….investigating the new policies or the representatives they know and trust for years…..”
    How many fund managers; much younger, took the money under their management and bought those instruments?

    Each individual is responsible for his own welfare.

    It is stated in the New Testament: Remove the beam from your own eye before you seek the mote in another person’s eye.

    Like

  20. Alvin Cummins September 12, 2016 at 5:03 PM #

    Miller:
    Are you serious? After years of trying to deny it you finally come and admit that the people who bought these instruments were gamblers who were looking for quick return you have the nerve to say: “What we want to hear about are not condemnations of the EFPA gamblers….” Why not condemn them, especially if they used funds under their management to “gamble” with?

    Like

  21. Alvin Cummins September 12, 2016 at 5:06 PM #

    Gabriel,
    Is this the same Leacock that people like you were touting to be leader of a third party?

    Like

  22. Well Well & Consequences September 12, 2016 at 6:03 PM #

    Alvin…people are learning the hard way that insurance companies and their “investments” are SCAMS….all of them, they are being warned to keep their money out of insurance companies when their reps and CEOs come around with their mouths filled with lies.

    If Leroy Parris was not so dishonest, he would not now be fighting a court case, trying to keep stolen money because when he loses the appeal, he will be arrrested….FOR THEFT.

    If Fruendel was not so dishonest, he stood a chance of winning the next election….but he WONT.

    I dont see me havng to defend myself in court forv stealing policyholders money….so speak for thyself….I am not the one looking as old as the same policyholders Parris stole from while Fruendel enabled, condoned and tried to justify the robbery of senior citizens.

    Like

  23. Caswell Franklyn September 12, 2016 at 6:09 PM #

    Well Well

    Why are you not getting it (A)lvin (C)ummins = AC. I won’t be surprised if he is not the original AC

    Like

  24. ac September 12, 2016 at 6:35 PM #

    Alvin…people are learning the hard way that insurance companies and their “investments” are SCAMS….all of them, they are being warned to keep their money out of insurance companies when their reps and CEOs come around with their mouths filled with lies.
    ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
    Really

    What a bunch of malarkey

    Like

  25. Well Well & Consequences September 12, 2016 at 10:52 PM #

    Caswell…Alvin is a weak and horrible excuse for a human….him and all the ACs combined.

    It will be wonderful to see them all in the boneyard where they belong, after elections, they can spread their blight right there.

    Like

  26. Well Well & Consequences September 13, 2016 at 8:15 AM #

    By the way…the Student Revolving Loan needs to upgrade their online payment system, it’s unfair to borrowers each month they pay, to be told they have a balance they do not owe.

    There are one or 2 scholars who are very proficient in creating payment systems for international companies worldwide and would be glad to help…if yall would PAY.

    Like

  27. Bush Tea September 13, 2016 at 9:12 PM #

    @ Caswell
    “… (A)lvin (C)ummins = AC. I won’t be surprised if he is not the original AC”
    +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
    There is a difference….
    Alvin is simply a well-known idiot.
    AC is a stupid little woman whose BU ID is shared with a set of fatted calf feeders – all singing for their supper.

    Liked by 1 person

  28. Hal Austin September 14, 2016 at 3:41 AM #

    Well, well,
    You are right about insurance companies. The problem is that our politicians do not understand how insurance companies work and so do nothing about them.
    With the Mutual, we politicised that debate and, in my view, allowed them to get away with lots of money. Hillary Beckles is not an actuary of insurance lawyer. But, like in most things, he took over the debate.
    We as a nation and policyholders have been the losers.
    The business model of insurance companies is the opposite of that of banks. They invest for the long term, not like Clico by investing in plantations and property, illiquid assets, but mainly in gilts and equities.
    Their pooling must be actuarially sound and vehicles, such as with profits, need to be monitored and regulated expertly.
    In the meantime, may I thank all those people who voted in the Protection Review annual awards for me as the journalist making the greatest contribution to protection insurance.

    Like

  29. Alvin Cummins September 14, 2016 at 11:02 AM #

    Caswell,
    Bushy wrote:Alvin is simply a well-known idiot.
    AC is a stupid little woman whose BU ID is shared with a set of fatted calf feeders – all singing for their supper.
    Ergo AlvinCummins (me) and ac cannot be one and the same. Just goes to show, you are swiping again; letting go the bat (as usual) and hoping to connect.
    Well Well,
    Goes to show that despite your vitriol over the past couple of years I have been proven right. Have no fear I; like you, will pass from this life, so I am not worried. My function is to prevent people like you from presenting a constant one sided approach to issues which you try to foist on people who are susceptible. Won’t let you get away with it, ever.

    Like

  30. millertheannunaki September 14, 2016 at 12:29 PM #

    @ Alvin Cummins September 14, 2016 at 11:02 AM
    “Bushy wrote:Alvin is simply a well-known idiot.
    AC is a stupid little woman whose BU ID is shared with a set of fatted calf feeders – all singing for their supper.
    Ergo AlvinCummins (me) and ac cannot be one and the same. Just goes to show, you are swiping again; letting go the bat (as usual) and hoping to connect.”

    For you, Alvin the Clown Prince Cummins, to understand Bushie was suggesting that you, the primate idiot, are the same person as ac the consortium of accredited cretins, you must be a crazy old jackass suffering from the effects of the final stage of advanced dementia.

    We all know you A C are the oldest version of a jackass pretending to be a yard-fowl.

    While the other acs are an amoebic amalgamation of crap that feeds off the same DLP feces as you the asinine yard-fowl.

    Like

  31. ac September 14, 2016 at 12:46 PM #

    Miller u ole fart listen to the bovine excretment that rolls out your mouth what has any of it to do with the issue. I know you might be angry and in need of a job since OSA fired your as his boot shining a.ss. Idiot you know nothing about ac. neither does that antiquated bush whacker irrelevant lamp pole known as bush sh.it

    Like

  32. Well Well & Consequences September 14, 2016 at 2:45 PM #

    Hal….it’s a pity the dummies in parliament wont let you report on the scam that is the insurance industry in Barbados.

    Alvin..the dummy, read and weep, I know what’s killing you is the fact that those senior citizens robbed by Leroy Parris will get back their money, those who live, you will go to ya grave angry that they did, that is your blighted lot in lifel

    http://www.nationnews.com/nationnews/news/85485/sinckler-sorry

    Like

  33. Well Well & Consequences September 14, 2016 at 2:56 PM #

    http://www.barbadostoday.bb/2016/09/14/dont-blame-me-2/

    Alvin…this should help you and the other useless ACs along a little faster, lol, when ya finish read the article, read the comments below…ha-ha.

    Like

  34. Hants September 17, 2016 at 9:05 AM #

    “IT IS NOW up to individual employees of the Customs and Excise Department to decide whether or not they will join the Barbados Revenue Authority (BRA). ”

    http://www.nationnews.com/nationnews/news/85930/bwu-opts#sthash.c28yAfw2.dpuf

    Like

  35. Caswell Franklyn September 17, 2016 at 1:19 PM #

    Hants

    The stance taken by the BWU is a sellout position. How can they in one breath tell the workers that everything is in order for them to make an informed decision and in the next breath tell the same group of workers that they will now have to negotiate the terms and conditions. How can these workers make a decision when they don’t know terms and conditions under which they would be employed?

    Sent from my iPad

    Like

  36. Bush Tea September 17, 2016 at 1:44 PM #

    If the BWU are satisfied that their (the workers’ presumably) demands have all been met …then why not unequivocally endorse the change to BRA?
    It sounds like hands washing of the Pontius Pilate type….

    Like

  37. Caswell Franklyn September 17, 2016 at 1:49 PM #

    Bushie

    It is not like washing hands like Pontius Pilate, it is more like the kiss of Judas. BWU needs financial assistance from Government in order to remain viable, so what is selling out a few Customs workers.

    Sent from my iPad

    Like

  38. ac September 17, 2016 at 2:11 PM #

    Instead of people like Caswell fanning the flames of fire to bring down barbados he should be heralding the changes to customs necessary changes that for over the years have breed incessant relationships in the workforce and held more or less a chokehold on management which has led to poor productivity driving by irresponsibility and a poor respect for management

    Like

  39. Bush Tea September 17, 2016 at 2:23 PM #

    for over the years have breed incessant relationships in the workforce and held more or less a chokehold on management which has led to poor productivity driving by irresponsibility and a poor respect for management
    ++++++++++++++++++++++++
    For clarity AC, (not holding bushie’s breath)…
    You talking about BRA…?

    …cause looka woman, Bushie had some dealings there recently and ‘letmuhtellya’ …. SHIITE!

    BTW
    Do you mean incessant like the rain …or ‘incestuous’…as in what Stinkliar is doing to you in the DLP?

    Like

  40. Bush Tea September 17, 2016 at 2:36 PM #

    @ Caswell
    it is more like the kiss of Judas.
    ++++++++++++++++++++++++++
    C’est la vie.
    Especially bout here…. it is every dog fuh heself …and the Devil take the hindmost…
    The BWU are therefore doing what everyone else seem to be advocating…

    Suppose they put principles first – and cause Stinkliar to withdraw the government bribes …oops …stipends /grants/ tax waivers/ …while not getting support from their selfish workers who all want benefits – and hate to pay the little pittance fees…

    Shiite man Caswell …. they would end up like….. ‘U’
    …as in UNITY.
    ha ha ha ha

    Boss, the price of doing the RIGHT things in a SHIITE world can be as much as crucifixion …and as routine as obscurity…..

    Unless of course you were to BUP…. Now THAT is different…
    …Cause when BBE is FOR you, not a brass bowl can stand against you….

    Like

  41. Caswell Franklyn September 17, 2016 at 2:41 PM #

    Touch? Bushie but I sleep good at night in the full knowledge that I did not deceive my members.

    Sent from my iPad

    Like

  42. ac September 17, 2016 at 3:02 PM #

    Bush sh.it i thought u said you do not read my posts and suggest others refrain Guh long do i knew i would catch yuh lying a…ss.

    Like

  43. Artax September 21, 2016 at 9:33 AM #

    @ Caswell

    On page 15A of today’s Mid-Week Nation, there is an article headlined: “Student revolving plan to go after pension halted.”

    The article went on to mention that a retired 60 year old lady sought legal counsel after attempts had been made to garnish her pension to repay a loan of $50,000 she signed as guarantor for a relative in 2009.

    Her attorney sent correspondence to the Fund requesting them to stop the process. The Fund responded by a letter, signed by the Acting Administrative Manager, indicating the direct debit plans were to be discontinued.

    The lady said: “If you read the Student Revolving Loan Fund Act there is an amendment and it said nothing about garnishing people’s salaries or pensions, and I’ve spoken to a number of attorneys and they say you can’t do it.”

    This was essentially the gist of your article.

    Caswell, those individuals who sought to “rubbish” your article should hang their heads in shame, because the action and subsequent success of the legal action undertaken by this 60 year old retiree vindicates you.

    Like

  44. Caswell Franklyn September 21, 2016 at 9:46 AM #

    Thanks Artax. I’ll check it out.

    Like

  45. Gabriel September 21, 2016 at 9:54 AM #

    All these problems by recalcitrant beneficiaries of the Fund,will make it doubly hard for other students to benefit from the facility.Its equivalent to the ‘kick down the ladder’mentality of the PM and his cabinet who benefitted from state funded tertiary education but denies it to the hundreds who as recent as this year have been disappointed by not completing the admission to classes process.

    Like

  46. ac September 21, 2016 at 10:23 AM #

    So here we go again the same ole farts condoning the rights of the defaulters over the right of the state to take collection action

    Like

  47. millertheannunaki September 21, 2016 at 10:47 AM #

    @ ac September 21, 2016 at 10:23 AM
    “So here we go again the same ole farts condoning the rights of the defaulters over the right of the state to take collection action”

    If only you the all-seeing consortium would encourage the same government to go after the NIS and VAT defaulters with equal vigour.

    Don’t you think the VAT defaulters are nothing more than registered bold-faced crooks who collect money from consumers but blatantly refuse to pass it on to the Treasury?
    The Net VAT payable is not a cost to the business but a legal responsibility as a tax collection agent as imposed by the Law.

    Why not publish a list of all the businesses along with their owners and directors that are in default of their VAT commitments.

    Shouldn’t the consumers who were forcefully required to pay over VAT to these crooks demand their money back?

    Like

  48. Gabriel September 21, 2016 at 12:44 PM #

    Starting with a popular city store which is alleged to have been released from a 25 million dollar vat payment by none other than the stinkerman.I am sure they are not indebted to the printed or visual media for advertising payments.Buy one get one free.Sell one,collect vat,keep the vat.Iz ah rite wid the fatted calf eat ah food members.

    Like

  49. ac September 21, 2016 at 12:55 PM #

    Miller you can throw as many rotten apples into the barrels. The fact being that the Fund reliability is dependabe on those who borrowed to repay and unless that money is refunded there would be no money left for new applicants
    The vat measures are not the same although there needs to be equal vigour in going after those who refuse to pay the state

    Like

  50. Caswell Franklyn September 21, 2016 at 1:01 PM #

    Gabriel

    You said:

    “Its equivalent to the ‘kick down the ladder’mentality of the PM and his cabinet who benefitted from state funded tertiary education…”

    You are not serious. After listening to these politicians and seeing their output, can you seriously say that they benefitted from education, state funded or otherwise.

    Sent from my iPad

    >

    Like

  51. Artax September 21, 2016 at 1:53 PM #

    millertheannunaki September 21, 2016 at 10:47 AM #

    “If only you the all-seeing consortium would encourage the same government to go after the NIS and VAT defaulters with equal vigour.”

    @ millertheannunaki

    My experience on BU has taught me that engaging in any activity with a fool is an exercise in futility.

    Caswell or those individuals who responded in accordance with his article are not “condoning the rights of defaulters over the right of the state to take collection action.”

    He clearly stated he “CONDEMN, in the STRONGEST TERMS, those borrowers who REFUSE to REPAY their debt to the Student Revolving Loan Fund……”

    Additionally, Caswell also wrote: “This does NOT mean that a guarantor, who is a government pensioner, DOES NOT have to REPAY the loan in the EVENT that the borrower FAILS to HONOUR his/her COMMITMENTS to the fund.”

    What concerns him is the process by which the Fund is requesting the Accountant General to garnish the pensions of guarantors in an effort to solicit repayments, goes against the provisions as specified in the Fund’s Act.

    The case I referred to on page 4A of today’s (Wednesday, September 21, 2016) edition of the Mid-week Nation proves Caswell point.

    Only an idiot who likes to politicize every issue into a BLP and everyone else versus DLP scenario, would be unable to identify this point.

    Like

  52. ac September 21, 2016 at 2:40 PM #

    Did not read the article nor care not to read the bottom line of repayment is of most importance than to one individuals refusal to do so bearing in mind that those who cannot access the funding would not have a chance of enhancing their future goals.
    Every body has a disposition of one form or another however when one uses that disposition to gain favourtism eventually one masters the art ofavoidance which leads to corruption in one form or anothet.

    Like

  53. Artax September 21, 2016 at 5:39 PM #

    I believe the word “disposition” in that comments has not been used in its proper context.

    However, if one juxtaposes the comments to Michael Carrington’s actions of avoiding his legal duty to pay John Griffiths and keeping the money for 14 years, clearly demonstrates how (Carrington) used “that disposition to gain favourtism (among the DLP faithful) and eventually mastered the art of avoidance (by with-holding Griffiths’ property for 14 years), which lead to corruption in one form or another (i.e. Carrington lied to his former client, dishonestly diverted the money for his own use and ignored Griffiths’ requests for reimbursement).

    Like

  54. ac September 21, 2016 at 5:57 PM #

    Ok..yardie..but not understanding your correlation to a matter of the RSF than can have devastating effects to others who might be unable to get access to the fund in the future. For what it is worth the possibility of Carringtons legal problem with Griffith is going to affect a collective group of students negatively is between slim and none.
    Furthermore there is no evidence to verify whether or not Carrington monetary compensation to Griffith is tied to any form of favourtism

    Like

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