A number of casino financing lenders denounced the evident grand design by some of their disgruntled colleagues to subject their principal and business partners to trial by publicity for them to advance their own personal interests and serve as an excuse for their failure to remit the money to the operations.
Sources, who requested anonymity for fear of reprisal, claimed that the complainants who went on national media to air their grievances against the casino financing operations were simply used by some influential personalities in their pillar to divert the attention of the public to other pillars of the group to allegedly cover up their failure to remit the money of the lenders to the operation and instead used the same for their own business activities that are now encountering some liquidity problems.
The source added that the allegations by the complainants against the casino financing operation were just a rehash of previous ones that were given the appropriate response. Aside from the fact they have been fully made aware of the existence of the business where the money they lent will be placed, they were also even given a chance to play in the casino operations.
He said that some personalities in one pillar are desperately trying to convince their colleagues who were in the other pillars to file complaints against their principal and their local business partners to harass and pressure them to instantly return their money.
Another source pointed out that of the thousands of lenders aligned with various pillars of the group, only a hundred of them filed their complaints with the different law enforcement agencies and that the same were answered, thus, the merits of the complaints should no longer be discussed to allow the concerned authorities to come out with their rulings.
She disclosed that majority of the lenders are still willing to wait for the developments that will unfold relative to the casino financing operation where their money was placed because they understand that whatever happened was just part of a normal business cycle that could be given the appropriate action and solution by the principal.
According to her, the principal is doing his best to address the difficult situation of the business, which is why what they are requesting from the lenders is for them to be given a reasonable period to deal with the situation in a transparent manner and for the lenders to understand the current scenario.
The sources expressed their gratitude to the majority of the lenders who understand the situation and continue to bestow their confidence in the ability of the principal and the business partners to address the current problems of the casino financing operations. Many of them had been with them for two years, they were able to obviously get back more than the money they lent and used their interest earnings for various purposes.
The sources appealed for sobriety and calmness among the majority of the lenders and for them not to be persuaded by their colleagues that earlier filed their complaints against the principal and business partners and falsely accusing people of their involvement in whatever issues besetting the said business as it will not help in addressing the situation, but it might contribute to more problems rather than finding the appropriate solution to the said matters raised. By Dexter A. See