CL Financial still a risk?

Date: 
Monday, July 24, 2017 - 19:45

After eight years, the government says CL Financial still poses a severe risk to the country's financial system.

As the battle for Clico intensifies, the government says it did not have a choice but to intervene to protect fifteen billion tax payers dollars.

Court documents filed suggest that the same behaviour which led to the collapse of the CL Financial back in 2009 may still be continuing at the company today.

Khamal Georges has more.