Edness widow fights to recover $100,000 loan
The widow of veteran politician Quinton Edness has launched a court case to get a $100,000 loan repaid.
Vicki Edness, whose husband was a long-serving minister in United Bermuda Party governments, lodged a writ against Gregory Wilson and Brenda Spencer as directors of the Cold Coast Company.
Mr Edness is also listed as a principal in the Bermudian company, which was registered in 2011.
The Supreme Court writ claims the defendants, along with Mr Edness, obtained the loan in 2012 from Capital G Bank, now Clarien Bank.
The loan is said to have been guaranteed through cash in Mr Edness’s account at the bank, which was held as security.
The summons claims that the loan became delinquent, the bank took the security money and that the defendants had failed to repay the loan as of September 2018.
Mr Edness, who died in January aged 86, was an MP for 30 years and headed several ministries, including home affairs, during his time in Parliament.
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