Op-ed 

Dr. James Kollie and cronies PSDI loans

The Editor, How the hell did 90 percent of the PSDI loans, now in default, end up in the hands of Dr. James Kollie, his cronies, and his concubines? Well, let’s see… According to Dr. Kollie, “LBDI had the exclusive responsibility to make…credit agreements (and) to determine whether collateral presented by potential borrowers met CBL (Central Bank of Liberia) requirement on lending…” In other words, because “LBDI had the exclusive responsibility to make…credit agreements (and) to determine whether collateral presented by potential borrowers met CBL requirements”, there’s NO way Dr.…

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