St. John's Deputy Mayor Ron Ellsworth is still refusing to answer questions, two days after a media report revealed that he loaned embattled Exit Realty on the Rock owner Anne Squires $50,000 in 2013.

At St. John's City Hall on Thursday, Ellsworth was nowhere to be found, and questions brought to Ward 3 councillor Bruce Tilley were redirected back to the deputy mayor.

"Let me tell you, you get a hold of the deputy mayor," said Tilley.

Ron Ellsworth is still mum on alleged high-interest loan to Anne Squires. Here's what one councillor had to say<a href="https://t.co/OjNvbWcGdH">https://t.co/OjNvbWcGdH</a> —@CBCNL

Reached Thursday by phone, Ellsworth would only say "no comment" to all of CBC's questions.

NTV reported that Ellsworth loaned Squires $50,000 in January 2013, in an agreement in which Squires agreed to pay a "cost of borrowing [of] $10,000" within a period of less than two months.

If Squires could not make the deadline, the agreement said, the "payout increases by an additional $5,000 monthly."

​A CBC analysis of the figures revealed that Squires would have to pay $60,000 in interest over a one-year period on the loan, the equivalent of a yearly interest rate of 120 per cent.