Scotiabank’s announcement of sale premature, inappropriate

  • Published on: Mar 03, 2021 - 5:44 PM
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Scotiabank’s announcement of sale premature, inappropriate Moments after Scotiabank announced the sale of its operations in Guyana to Trinidad’s First Citizens Bank, the Guyana Government objected to the announcement, saying that the sale was not completed in compliance with the country’s laws. Senior Minister within the Office of the President with responsibility for Finance, Dr Ashni Singh described the Wednesday afternoon announcement, which came via a media release from Scotiabank, as premature and inappropriate. “The government considered it unfortunate that this transaction was announced considering that any such transaction is subject to …
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