Dear Editor,
It must be seen as an aberration, and by extension an indictment on the regional administration, that salary advances morph into loans and advances, and some five years later remain outstanding (GT Nov 9). What lackadaisical and negligent management of the region’s finances.
A salary advance is just what it says: an advance, usually a percentage, taken against an earned month’s salary. It is not a loan, and the full amount of the advance is promptly deducted from the month’s salary before the employee is paid. On what basis the transaction becomes a loan is hard to discern.
If the amount advanced is a loan request, then borrowing and repayment terms and conditions must be determined, and not left undetermined five years later. The region’s finances are not our personal bank accounts, and must not be seen or treated as such.
Sincerely,
Shamshun Mohamed
