Acting Prime Minister, Aiyaz Sayed-Khaiyum says the Fiji Development Bank cannot just give loans willy-nilly and thinks the National Federation Party Leader Professor Biman Prasad wants FDB to go the NBF road.
Sayed-Khaiyum made this comment after Prasad claimed in Parliament that many people have informed them that they did not get any reason from the FDB on why their loans were declined under the $200 million COVID-19 Guarantee Scheme.
Sayed-Khaiyum says the FDB cannot just give loans just because there is a $200 million loan facility. He says loans have to be given to people who can pay or those who need a helping hand.
The Minister for Economy says Prasad has made irresponsible comments.
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The NFP Leader has also claimed he has been told that many people who had applied for the loans from the FDB in the first instance, had arrears with the bank even before the pandemic.
He has called on the government to have an immediate audit as to what transpired.
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