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Ear­ly last Sun­day af­ter­noon, I re­ceived the fol­low­ing mes­sage by What­sApp:

“Vin­cent Pereira has an­nounced his re­tire­ment/res­ig­na­tion from Re­pub­lic Fi­nan­cial Hold­ings (RFHL). I have known him for decades, and he has said that he is sell­ing all his shares in the bank, and I should do the same. I am go­ing to fol­low his ad­vice; he has nev­er guid­ed me wrong. This is all be­cause of gov­ern­ment in­ter­fer­ence in a very, very suc­cess­ful BANK.

“Robert Ri­ley and Ja­son Mootoo SC have al­so re­signed from the RFHL board. Share­hold­ers have lost val­ue since the shares are down main­ly be­cause of the gov­ern­ment’s plan to have RFHL ab­sorbed by FCB. Take Mr Pereira’s ad­vice in­vestors; I know some pow­er­ful in­vestors have al­ready start­ed pulling out.”