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Chester Sambrano
Economist and former minister in the Ministry of Finance, Mariano Browne, has cautioned against any move to allow the wholesale exchange of old $100 banknotes, saying such a decision would raise serious questions about unexplained wealth and corruption.
The suggestion came from former attorney general Anand Ramlogan after the court, last Friday, ordered the State to pay more than $40,000 in compensation to the estate of an elderly woman, who was denied the opportunity to exchange old cotton $100 notes for polymer notes in 2020, after she became stranded abroad during the COVID-19 pandemic.
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