SSB Investment Committee Still Reviewing Universal Proposal

On Friday, the CEO of the Social Security Board Louis Zabaneh called every media house, from Positive Vibes to Wave Radio to tell them that the proposal - or as they called it "an opportunity" - to invest in Universal Health Services - was off. It had been reviewed rejected by the Board's investment committee, said Zabaneh. His quote was: the committee decided that there would be no recommendation to make any investment in UHS." Case closed. Right? Well not quite. Today's Amandala reports that the Investment Committee will be looking more closely at the proposal. It quotes deputy chair of the committee Elena Smith as saying that the committee will be looking at the Universal proposal with more depth when it next convenes in January.