Looking ahead, Lucas said, "At the J80 Worlds, if Ibti
can be the first female helm that would be really good, and the top third of the fleet would be a really good result for us in a pretty competitive fleet, I would be really pleased with that."
IBTI, an indigenous bank, was established in 1983 by Lebanese Sierra Leonean Jamhil Sahid Mohamed, owning 60% of the equity.
According to an order signed by BSL Governor Steve Swarray, "All banking transactions done with IBTI, except for the transfer to Sierra Leone of the bank's funds from abroad, are suspended for a period of six months unless sooner revoked by the BSL." The order was in exercise of the powers conferred upon the BSL by Subsection 3 of Section 19 of the Banking Act of Sierra Leone 1970.
He disclosed that IBTI had been having trouble meeting its commitments to its customers and its deposit liability.