SLBC to meet to resolve GBOA debt issues

| MAY 22, 2018, 05:59 AM IST
SLBC to meet to resolve GBOA debt issues

the goan I network
VASCO
A State Level Banking Committee (SLBC) meeting of Goa region pertaining to outstanding dues of Goa Barge Owners Association (GBOA) is likely to be held soon, the GBOA has claimed.  
A GBOA delegation recently met Minister for Finance (State) Shiv Pratap Shukla at New Delhi in the presence of Union Minister Shripad Naik, South Goa MP Narendra Sawaikar and Rajya Sabha Member Vinay Tendulkar.  
The memorandum requested financial assistance of Rs 100 crore from government financial institutions to enable starting of business and paying off the loans.  
GBOA also requested that banks and financial institutions be instructed not to proceed with action under SARFAESI and attachments of collateral security for recovery of dues and that, an SLBC meeting for Goa region be convened so that similar instructions be given to banks and financial institutions.  
According to sources, GBOA members have been facing the axe from various banks over repayment of loans and banks have begun taking action and sending notices to GBOA members for recovery of dues.  
GBOA had earlier taken up this matter with Union Minister Shripad Naik, South Goa MP Narendra Savaikar and Rajya Sabha Member Vinay Tendulkar, requesting them to take up the matter with the Minister of Finance (State).  
GBOA President Raymond Dsa, Vice-President Chandrakant Gawas, Secretary Sanjeev Naik and Treasurer Rahul Naik  
According to sources in GBOA, Shukla also took up this matter with the finance secretary and has assured to take some positive action in this matter.  
When contacted, GBOA President Raymod Dsa insisted that GBOA members were not wilful defaulters.  
“We had spent a huge amount of money on repairing barges after the State government had renewed 88 mining leases and we were hoping to clear all outstanding by being in business.”  
“But with yet another ban by courts, business had become difficult and repayment of loans was tough. We have also requested Shukla that we are not wilful defaulters and as such the names of our members should not be introduced as defaulters in CIBIL,” said D’Sa.  

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