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Search results with tag "Clico s collapse"
CLICO’s Collapse: Poor Corporate Governance
www.aijcrnet.comamounts in the form of a 20 year bond at zero interest rate which amounts to a discount in net present value of about 40 percent.4 In addition, the budget also extended a bailout to the 160, 000 investors of the failed Hindu Credit Union (HCU) similar to what had been worked out …