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"content": "The provisions on 3(b) are the most dangerous of all. It is suggested that before any loan is given, all expenses incurring in respect of that loan should be deducted. That is a very dangerous proposal. We are suggesting, I think the amendment has been approved by my Committee that it will only apply to any expenses which are prenegotiated and are solely and exclusively for that particular loan. The word is “pre-negotiated” so that we do not have people coming up with claims which are false and they are deducted from the main loan. So, when you are negotiating for a loan, these expenses must be pre-negotiated with the Government and the donor. That will then make sure that other expenses are not drawn up, like those of Anglo Leasing. Those are my two amendments. With those few remarks, I would like to thank you for giving me this Floor. Thank you, very much."
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