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Allegations that six billions dollars is missing from the Statutory Fund of Clico are not true.

Allegations that six billions dollars is missing from the Statutory Fund of Clico are not true.

Finance Minister Colm Imbert

Finance Minister Colm Imbert

Finance Minister, Colm Imbert, gave the response to the claims during a sitting of the House of Representatives. However, Minister Imbert explains that there was a deficit between the liabilities and assets of Clico.

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Mr Imbert added that there was a time when the company showed a boost in assets.

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