VICCCUL to apply strict measures in loan recovery

BY ESTHER QUI Co-operators of Victoria Customs’ Cooperative Credit Union, VICCCUL, have resolved that; the names of delinquent members and debtors should be read on Luncheon Date, churches and also published in newspapers; there will be a total overhaul of expenses if the board cannot recover interests, loans and rents; the building at New Town Behind Barracks should be put up for sale, among others. These resolutions were taken during the 42nd annual general meeting which held last Saturday February 18, 2017. These came at the heels of several worries and unanswered questions related to a certain loan taken some…