Expressing fear of “irreparable financial damage” to the National Insurance Scheme (NIS), attorney Christopher Ram on behalf of three pensioners yesterday wrote to Chairman of the NIS Board Dr. Roger Luncheon requesting information on almost $1 billion in preference shares in the Berbice Bridge Company Inc (BBCI) for which the scheme is receiving no dividend.
On Friday, Ram had warned of the peril that the NIS faces in relation to the BBCI shares it holds saying