In one of the three cases, an ailing bank needed a massive amount of liquidity from the Bank of Mauritius. The Bank of Mauritius does not lend to ailing banks, however desperate the situation, against fake collaterals – collaterals that have been already and secretly sold by the ailing bank.
It is totally irresponsible to express vociferous opinion on a subject when you suffer from ignorancecultivated diseases. In the Delphis Bank ltd case, I was left with an impression that I ought to have given sympathetic considerations, at whatever the cost to taxpayers. One of my family members was even physically attacked.