Tag Archives: Bank Disasters

Former Hindu Credit Union president Harry Harnarine pays the price for failure

“Harnarine said his biggest concern is that if he is declared bankrupt although he may soon successfully attain his law degree, he would be unable to practice.

During the recently concluded enquiry into the failure of HCU several depositors who were unable to withdraw funds from the institution blamed Harnarine personally for the death of family members.”

Harry Harnarine wants to be lawyer!

Harry Harnarine wants to be lawyer!

The failure of the Hindu Credit Union destroyed lives, pensions, families and businesses.

And when we say that HCU destroyed lives, we mean exactly that. Distraught people killed themselves because they trusted Harry Harnarnie with everything they had, and Harnarine and his cohorts betrayed that trust.

Now we see that what goes around comes around.

The T&T High Court says that Harry Harnarnie owes Afra Raymond $868,000…

… and Harnarnie doesn’t have that kind of cash lying around.

Or so he says.

* quote from Trinidad Express Final straw to kill me

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Filed under Business & Banking, Consumer Issues, Corruption, Disaster, Economy, Offshore Investments