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...The reality instead has been a land grab by the executive with ministers undermining checks on their authority and taking powers to legislate by near-fiat....
...The single outside director was a lawyer from Antigua and Barbuda, where the company was incorporated....
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...As a result, the scheme came with few checks on borrowers, while the systems to vet loan applications for fraud were also only slowly implemented....
...That mistrust has been ameliorated by institutional checks and balances together with international co-operation and shared sovereignty....
...The problem is that the Big Four are networks of separately owned national firms which pay a fee each year for shared branding, systems and technology....
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...“We don’t check the patient’s background,” Mohiuddin says. “We choose our patients purely on clinical grounds, according to their need and suitability for the operation.”...
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