Very Nice gesture.People who defaulted payments must make arrangements to pay up.How do you expect the organisation to thrive if you do not pay up?At least from now on live wit in your means.
You have quite a few creditors and you have very little money.You want to pay your biggest creditor to escape his grip on you.You decide to pay him and announce it publicly.What will happen?
Other creditors will be peeved and spread the word around.When you look for new creditors(investors), they are not to be found.
This what us individuals who have credit will think.Not giant finance companies.
Strange is the observation that Govt. should have started selling its stakes,it is akin to asking your creditor to pass on your credit to him to somebody else .
Juxtapose this with cooking books in US and Abu Dhabi.
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