Tag Archives: Politics

Clico Policyholders: Pay Us 40% Upfront

By Lara Pickford-Gordon
October 25 2010 – newsday.co.tt

CLICO BailoutClico policyholders want 40 percent of their investment in the Colonial Life Insurance Company Ltd “up front” and the balance paid off in government bonds. Persons who wish to liquidate their bonds should be free to do so and there will be no “middle man.”

This proposal has been put to the Government and was yesterday endorsed by scores of policyholders attending a meeting at Woodford Square, Port-of-Spain to get an update on negotiations between their representatives and the government inter-ministerial team headed by Agriculture Minister Vasant Bharath.
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Corridors of power living hell

By Raffique Shah
October 23, 2010

Raffique ShahI HAVE never been close to the corridors of power, except on occasions when those on high invited me to some meeting or social function. Regarding the latter, I should add that I have grown so asocial over the years, some people think I’ve become anti-social. I enjoy good company and great conversation. Having attended some of these social activities, I have found the same people there; they invariably get drunk the way “ignorant” Trinis do at rum shops, and they behave little different to boisterous bar flies.
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Connecting our Foreign Policy with the Diaspora

By Stephen Kangal
October 21, 2010

Prime Minister Kamla Persad-BissessarPrime Minister Kamla Persad Bissessar and her itinerant Foreign Minister Suruj Rambachan have both been extolling the important benefits of establishing closer functional links with our diaspora based in metropolitan Caribbean enclaves in North America and Europe as the rationale for radically reforming the priorities of our foreign policy. In fact both now have a shared political/administrative responsibility for the conceptualization and conduct of our foreign policy.
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Partnership leaders must smoke ‘peace pipe’ now

By Raffique Shah
October 16, 2010

Raffique ShahA brief story in the Express last week caught my attention. The report spoke of serious differences between two organisations purporting to represent nationals of this country who have indigenous blood flowing in their arteries.

The first contentious issue is a claim that one group represents only Amerindian descendants who are Catholics. The other was the timing of the “smoke ceremony to the spirits”. One group swears it should be before dawn. The other went ahead “smoking” at 7 a.m.
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Leveraging Incompetence

By Dr. Selwyn R. Cudjoe
October 14, 2010

Dr. Selwyn R. CudjoeI am sure that People’s Partnership took a long time to select the three hundred persons they elected to the various state enterprises, statutory bodies, regional health authorities and key ambassadorial positions. In making her selection, Prime Minister Kamla Persad-Bissessar enunciated two broad principles: a determination to make the correct choices and no one could sit on more than one board.
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PM orders review of $47M airports contract

By Corey Connelly
October 10 2010 – newsday.co.tt

Jack WarnerPrime Minister Kamla Persad-Bissessar last evening signalled her Government’s intention to review the $47 million public contract awarded to a Central company for lighting projects at the Piarco International Airport.
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Ish and Steve to be extradited to the US

By Nalinee Seelal and Corey Connelly
October 10 2010 – newsday.co.tt

Ishwar Galbaransingh and Steve FergusonAfter weeks of speculation, Attorney General Anand Ramlogan yesterday signed an extradition order granting the United States Government the permission to extradite businessmen Steve Ferguson and Ishwar Galbaransingh to the United States to answer fraud charges.
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PM’s statement on Clico

Prime Minister Kamla Persad-BissessarPRIME MINISTER Kamla Persad-Bisssessar announced that Government will establish a commission of inquiry to find who and what were responsible for the fiasco at CL Financial subsidiaries Clico, British American and Clico Investment Bank. Below is the Prime Minister’s full statement in the House of Representatives on Friday:
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Financial advice from ‘Layman Brother’

By Raffique Shah
October 03, 2010

TrinidadiansI HAVE never seen a million dollars in my life. The only time I gaped at big money—was it US$20 million?—was when the then high-flying “Sir” Allen Stanford stormed the hallowed Lord’s cricket ground in London, bearing 20-20 prize money in what appeared to be a huge casket. Most appropriate, in hindsight, since shortly thereafter “Sir Allen” ended up in leg-irons in some US jail that may yet prove to be his final resting place.
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Volney/CJ Conflict: Separation of Powers?

Justice Minister Herbert Volney and Chief Justice Ivor ArchieTHE EDITOR: The essential issue re: the latest Volney-initiated kuchoor is not about all these pretentious concepts of independence of the judiciary; separation of powers; the judiciary being a “bulwark of democracy” etc.
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