The East London Credit Union: some new facts, but confusion, maybe evasion, persists
Last month, LBWF divulged some more information about its subsidisation of the now collapsed East London Credit Union (ELCU). The focus is on a large grant that LBWF awarded to ELCU in 2015 in order to help it support vulnerable residents and small businesses. Previous references to this grant were both contradictory and deficient as to important details. In a book published during 2017, a chapte... »