CITY PEEP ‘SORRY’
For the benefit of those who do not understand Sierra Leone Commercial Bank is entirely owned by the government of Sierra Leone and as a result all citizens should have equal rights to its facilities and privileges. It is rather quizzical to learn that the officials of the bank have high-handedly divided their customers into two tiers, namely Politically Exposed Persons and Non-Politically Exposed Persons. And with their political classification the Politically Exposed Persons enjoy facilities that are denied to the Non-Politically Exposed. Unfortunate.
City Peep wishes belatedly that the state bank was named Sierra Leone Political Bank (SLPB).
It is known world-wide that any bank which is not political demands collaterals. They do not just go on giving loans fiti fata because it is out of loans that they have their raison d’etre.
Three months ago City Peep took a modest loan of Le20 million from the Commercial Bank to be repaid within 12 months. This loan was not easy to come by. It was obtained after a thorough verification of the collateral of land. With the new information of PEP exemption City Peep is now inclined not to pay for the rest of the nine months in order to qualify for PEP exemption. After all we are all entitled to equal rights and justice which is one of our country’s Coat of Arms. There is no doubt as readers would testify that City Peep is a very much Politically Exposed person even more than some of those jockers whose loans are being written off as Bad Debt.
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Listeners would have heard that a Japanese official who was late for only three minutes caused the opposition to react by being late for five hours. What does this portend? Sometimes one is tempted to wonder whether there is need for clocks and watches in Africa.
The fact is that time flies and drags us with it. The moment in which I am writing is already gone. Japan was noted for its durable industrial products long before China came on with overwhelming mass production though Japan is still an industrial force to be reckoned with.
The Japanese like some other industrialized countries not only value time strictly but are also mindful of what they put into the hours. They do not laze. Their slogan seems to be “work while you work and play while you play.” It is doubtful whether the work ethics of Japan resonates with our work force in Sierra Leone. We go to work, sign the wrong time and check out and in as we like it. Thankfully these slothful workers have been aided vicariously in their languor by the unnecessary broadcasts that have blotted out more useful programs like Concern Citizen, The Latest and the Thursday Press Conferences. What says State House?