|Ni John Fru NDI attending Azire Credit Union AGM as a member|
Enter President of Azire Cooperative Credit Union
On her part, the President of the Azire Credit Union, Anye Judith lamented that ever since Union Bank was created, they are still to receive dividends on their investments. She also added that Azire Credit Union is the second highest shareholder but unfortunately they are not represented in the Board. She said she is a respecter of the rule of law and would fight for the law to prevail. Accordingly, she cited that in 2008, the laws were violated and mandate of executive extended to 5 years renewable once and now the same maneuvers are underway to change the by-laws to extend mandates.
On the other hand, the Registrar of Coop/GICs said all credit unions are governed by the law of 1992 and that the only Credit Union out of the huge number in the Region to have submitted a report to his office is Azire Credit Uniion but unfortunately, it was rejected because due to the fact that the league had impose a five years mandate and not three as stated by the law.