NIC Director Loan to Cabot repaid in full
over 4 years in St.Lucia The Star
(National Insurance Corporation)- On March 17th 2021, the NIC received EC$29.4 million from Cabot Saint Lucia Inc. This amount represented full repayment of the loan of $27 million and interest accumulated to date of $2.4 million. Mr. Matthew Mathurin, Director of the NIC The interest represents a 10% return over the 20 months since disbursement […]
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