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The rest of the funds are meant to be divided among the other three clubs.
He said that Bermuda had spent the past 20 to 30 years in a grazing period.
She encouraged members to focus on their core mission in the current climate. Over time, companies, and I am sure your organisations are the same, start to get some mission creep.
You start off doing one sort of thing for your clients and then you morph into doing other things.
They havent given a statement about how they are going to recover the money at all, Perinchief said. It will have a negative impact if we dont receive it.
We are just waiting patiently that is all we can do.