The assets of government holding company National Industrial and Commercial Investments Limited (NICIL) is nowhere close to $50B, Cabinet Secretary Dr. Roger Luncheon said on Wednesday, while dismissing claims by the AFC that significant funds are being held in the company’s accounts.
“I have absolutely no difficulty in identifying that fifty billion in cash liquid in the coffers of NICIL is a figment of [AFC Chairman Khemraj] Ramjattan’s imagination or whoever said that… this notion that there is some pot of gold,