Category Archives: Finance

BREAKING NEWS: Government Fires UDeCoTT Board

BREAKING NEWS

Uff Report Revealed
Uff Report Revealed
BREAKING NEWS — 7:00 PM

BREAKING NEWS: Government Fires UDeCoTT Board

Developing…

UFF: Public purse was at risk
The UDeCoTT board was guilty of a “dereliction of duty” and “knowingly exposed the public purse to a grave risk” by failing to question the award of a $368 million contract to CH Development/Sunway Construction (Caribbean) Limited for the Ministry of Legal Affairs Tower…

Send UDeCoTT board packing
The report submitted by Prof John Uff does not reflect well on the Government and is especially damning to the Prime Minister’s darling company, the Urban Development Corporation of Trinidad and Tobago (UDeCoTT).
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Police Probe Of Hart, Udecott

Uff Report Revealed
Uff Report Revealed
By Andre Bagoo
April 04 2010 – newsday.co.tt

IN HIS Report submitted to President George Maxwell Richards last week, the chairman of the Commission of Inquiry into Udecott Professor John Uff QC, has recommended that the police probe former Udecott executive chairman Calder Hart as well as the entire Udecott board in relation to the award of the $368 million Ministry of Legal Affairs tower contract and the $885 million Brian Lara stadium project at Tarouba, Sunday Newsday can reveal.
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Whirlwind of the Politicisation of the Public Service

By Stephen Kangal
March 31, 2010

PNMIs it not a contradiction that while establishing the rule-unto-themselves private state companies with precious little accountability and transparency in their operating culture to take over the delivery of services from public service entities, we the taxpayers are today inundated with all the sordid details of nepotism, corruption and exorbitant billion dollar and non-accountable disbursement of the public purse by UDECOTT?
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Consultations Without Representations on the Rapid Rail

A Rapid Rail
A Rapid Rail
THE EDITOR: The financial and technical monstrosity of the Rapid Rail (RR) hitherto incubated in Imbert’s secretive nest has at last now reared its head in the public domain after two abortive consultations that were scheduled for 18 and 19 January. But although NIDCO is the designated operator for building the RR and to whom the EMA issued the final Terms of Reference (TOR) on 24 December 2009 relating to the procedures to be observed for conducting the requisite Environmental Impact Assessment (EIA) conditional to the granting of the Certificate of Environmental Clearance (CEC) the Monday March 22 public engagement held at Kampo Restaurant Chaguanas was hosted by the TRINITRAIN Consortium. Not any single official from the EMA and NIDCO was present to answer to public concerns. The media, allegedly now under drug-lords influence but the custodians of democracy was blanked.
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PM: Drug dealers against me

By Cecily Asson
March 24, 2010

PM Patrick ManningPRIME MINISTER Patrick Manning has accused the country’s drug dealers of being “against me” ever since his government’s acquisition of tens of millions of dollars worth in security technology including a radar system, fast patrol sea crafts, interceptors and helicopters to tackle the drug trade.

And in a strange twist, Manning said that as a result of drug dealers viewing him as “the man who standing in their way”, he is now being attacked daily in the media.
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How to save the PNM

By Dr Selwyn Cudjoe
March 18, 2010

Part I

Prime Minister Patrick ManningOver the last two weeks the media have been merciless in their attacks against the PNM, the Prime Minister and the Government. When it was not about the Prime Minister’s ‘Prophetess’ it was about Calder Hart’s presumed deception and alleged financial indiscretions. When it was not about the vindication of Keith Rowley, it was about the wonders of a revivified Kamla and prediction of UNC’s inevitable victory in the 2012 election, without the faintest acknowledgment that in politics, a week is like a year, and a year is like a decade. In political terms, 2012 might be 20 years in the future.
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National Academy for the Performing Arts tragedy

National Academy for the Performing Arts
National Academy for the Performing Arts

By Andre Bagoo
March 14, 2010 – newsday.co.tt

IT COULD TAKE as much as $80 million to correct flaws in the design of the National Academy for the Performing Arts (NAPA), Port-of-Spain, the interim President of the Artists Coalition of Trinidad and Tobago (ACTT) Rubadiri Victor, estimated yesterday.

While Prime Minister Patrick Manning last week praised the NAPA as being “world class,” Victor yesterday begged to differ, saying the facility is plagued with technical problems and argued that it does not compare in any form with Queen’s Hall, St Ann’s.
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Hart-aches by the numbers

By Raffique Shah
March 14, 2010

PM Patrick Manning and Calder HartIF I were Prime Minister Patrick Manning, I would fire my ‘spiritual adviser’ forthwith. I would instead hire a futuristic, 2020 model ‘secular consultant’, someone like, say, Raffique Shah. Before the howling starts, with every Tom, Dick and Harrilal shouting, ‘Shah looking for PNM wuk!’ or ‘We always knew Shah was PNM!’, let me explain why I offer the PM this advice.
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Hart has case to answer

LEFT: Finance Minister Karen Nunez-Tesheira, Attorney General John Jeremie, Prime Minister Patrick Manning and Works Minister Colm Imbert in parliament on March 12, 2010
LEFT: Finance Minister Karen Nunez-Tesheira, Attorney General John Jeremie, Prime Minister Patrick Manning and Works Minister Colm Imbert in parliament on March 12, 2010
Hart has case to answer
FOR THE first time, Prime Minister Patrick Manning yesterday admitted that former Udecott executive chairman Calder Hart has “a case to answer”, even as fresh questions emerged over the role Manning played in the circumstances surrounding Hart’s departure from Trinidad last Saturday in the midst of an ongoing criminal investigation.

PM: Hart not guilty
Minutes after saying former executive chairman of the Urban Development Corporation (Udecott) Calder Hart was not guilty of anything, Prime Minister Patrick Manning announced the appointment of Chief Executive Officer at the Housing Development Corporation, Jearlean John as the new chairman of Udecott, replacing Hart, who resigned last week.
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Criminal probe of Udecott

Former executive chairman of Udecott, Calder Hart
Former executive chairman of Udecott, Calder Hart
COP BETTER THAN CoP
SINCE LAST year, Acting Commissioner of Police James Philbert was asked by two successive Acting Directors of Public Prosecutions to investigate Prime Minister Patrick Manning, Finance Minister Karen Nunez-Tesheira and former Udecott executive chairman Calder Hart, yet to date Philbert’s probes into all of these matters have not been completed.

PM returns home quietly, flies out again today

Criminal probe launched in September—Jeremie
Some 24-hours after new Director of Public Prosecutions (DPP) Roger Gaspard ordered a police probe into allegations of wrongdoing by former executive chairman of the Urban Development Corporation of T&T (Udecott) Calder Hart, Attorney General John Jeremie said a criminal investigation into Hart began since last year.
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