{"id":10302,"date":"2011-07-19T08:33:37","date_gmt":"2011-07-19T12:33:37","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=10302"},"modified":"2011-07-19T08:33:37","modified_gmt":"2011-07-19T12:33:37","slug":"education-loan-authority-too-corrupt-to-fix","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2011\/07\/education-loan-authority-too-corrupt-to-fix","title":{"rendered":"Education Loan Authority Too Corrupt To Fix"},"content":{"rendered":"<p>Officials are calling for the Education Loan Authority (ELA) board to be completely scrapped, basically infering that the organisation is too corrupt to save.<\/p>\n<p>They call it restructuring, but the reality is that two-thirds of the debt managed by the ELA is in default and there is no organisational structure and no proper accounting in place.<\/p>\n<p>Too many of the board memebrs have their hands in the pot and relations between board members are too cozy.<\/p>\n<p>The ELA Act authorises the Governor-General &#8220;by instrument in writing&#8221; to revoke the appointment of any member of the ELA if he &#8220;thinks it expedient so to do.&#8221;\u00a0 And it certainly is.<\/p>\n<p>The loan scheme is a complete waste of taxpayer money and once again highlights the incredible amount of corruption in the public sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Officials are calling for the Education Loan Authority (ELA) board to be completely scrapped, basically infering that the organisation is too corrupt to save.<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[93,21,98],"class_list":["post-10302","post","type-post","status-publish","format-standard","hentry","category-headlines","tag-corruption","tag-educational","tag-financial"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/10302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=10302"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/10302\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=10302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=10302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=10302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}