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Richard (not his real name) says he is not only disappointed by the recent release of the EximBank foreign exchange allocation list—he is deeply concerned.
The seasoned businessman, who built his company from the ground up and has thrived for decades, told the Business Guardian the disclosure is more than a breach of confidentiality. It sets a dangerous precedent that undermines the trust businesses place in the country’s financial institutions and Government agencies.
“There was no benefit to doing that. What is the benefit? Because these are not the cartel people. They are legitimate business people...We are the second largest GDP contributor to GDP in the country. We employ about 65,000 people after the Government. So, why penalise us?,” he said.
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