Guyana pension fund loses $5.5m in Stanford deal: "GEORGETOWN: A Guyanese pension-fund lost $5.5 million deposited in Stanford International Bank (SIB), President Bharrat Jagdeo said the other day.
Jagdeo told a press conference that the Hand-in-Hand Trust Company had invested four million dollars in Certificates of Deposits on which SIB was ostensibly offering lucrative interest-rates, and 1.5 million in pension funds."
Jagdeo told a press conference that the Hand-in-Hand Trust Company had invested four million dollars in Certificates of Deposits on which SIB was ostensibly offering lucrative interest-rates, and 1.5 million in pension funds."
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