The Central Bank is told the institution should have played a more integral part in addressing serious concerns raised relating to the operations of the Clico Investment Bank.

Former C.I.B. Chairman and Trade and Industry Minister, Mervyn Assam, questioned the Central Bank’s decision to grant C.I.B. permission to open another branch in south Trinidad after concerns were highlighted about measures taking place which contributed to a slide in its performance.

Mr Assam made the comments while speaking at the Commission of Inquiry into CL Financial and the Hindu Credit Union Friday.