Tag Archive for 'Abuse'

Sturge wants AG probed over HDC loan to Garcia

By Rachael Espinet
January 15, 2016 – guardian.co.tt

Opposition Senator Wayne SturgeOpposition Senator Wayne Sturge wants the Integrity Commission to investigate the behaviour of Attorney General Faris Al-Rawi for his alleged involvement in what Sturge deems a questionable loan agreement between HDC and Noel Garcia.

Sturge claims Garcia, who was managing director of the Housing Development Corporation (HDC) and is currently the chairman of Udecott, was granted a loan from the HDC.
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Aging in this cussed country

By Raffique Shah
January 04, 2016

Raffique ShahIn a few months, I shall cross another threshold of aging, scoring seventy years of life and officially transitioning into the status of “old geezer”.

The dawning of a new year set me thinking about the past and the future, although I know I have fewer years ahead of me than behind me. In such circumstance, retrospection becomes the preferred option.
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Why Jwala had to go

By Anthony Wilson
December 26, 2015 – guardian.co.tt

Jwala RambarranAt its weekly meeting on Wednesday, Cabinet took a decision to request the President to terminate the appointment of former Central Bank Governor, Jwala Rambarran, in accordance with sections 12(e) and 12(g) of the Central Bank Act, Finance Minister Colm Imbert said in a statement on Thursday.
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Recession was predictable

By Raffique Shah
December 07, 2015

Raffique ShahThis recession did not creep up on us like the proverbial thief in the night.

It was long in the making. In fact, from as far back as the global financial crisis of 2008-2009, when Clico collapsed and the price of oil plunged from a brief high of US $140 a barrel to $30, informed, patriotic citizens were warning governments to go easy on the wild spending, to set aside more savings in the Heritage and Stabilisation Fund, to wean the population off dependency on subsidies, and most of all to diversify the economy from its over-reliance on oil, gas and petrochemicals.
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Imbert: PP raided NGC of $14b cash

…Used Green and Unemployment Funds as collateral

By Richard Lord
December 05, 2015 – guardian.co.tt

Colm ImbertFinance Minister Colm Imbert says the former PP government raided the National Gas Company (NGC) of almost $14 billion in cash. He made the claim while presenting three motions for debate in the House of Representatives yesterday.

The motions seek to increase the ceiling for government borrowing by $50 billion under the Development Loans Act, External Loans Act and the Guarantee of Loans (Companies) Act.
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Workers caught back-dating deals

New EFCL board unearths secret operation

By Darren Bahaw and Renuka Singh
November 14, 2015 – guardian.co.tt

CorruptionA secret contract millhouse was discovered at the Education Facilities Company Ltd (EFCL) in Maraval, and armed guards have been called in to secure a mountain of potentially damning evidence which points to the illegal manufacturing of backdated tender documents worth hundreds of millions of dollars.

The discovery was made one day after the new board of the state-owned company suspended its Chief Executive Officer Kiran Shah and Chief Operating Officer Sharma Maharaj over claims of impropriety.
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Scale of squandermania mind-boggling

By Raffique Shah
October 19, 2015

Raffique ShahIf a mere ten percent of the sums of money quoted by almost every new PNM minister as having gone to waste or astray under the previous government is factual, then at least a billion dollars was squandered or stolen during the tenure of the People’s Partnership.

If the ministers were accurate and truthful in their allegations of profligacy, then an astounding ten billion dollars, at least, found its way into the bank accounts of assorted thieves and accomplices.
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Anand getting $$ from flawed children law— AG

By Radhica Sookraj
October 14, 2015 – guardian.co.tt

Anand RamloganFormer attorney general Anand Ramlogan is remaining tight-lipped about accusations he was profitting from civil lawsuits brought against the State because of flawed legislation passed by the People’s Partnership government.

The accusation was made during the budget debate on Monday by Attorney General Faris Al-Rawi in reference to the Children’s Community Residen­ces, Foster Care and Nurseries Act.
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WASA now saddled with $1.6b deficit

Guardian
October 14, 2015 – guardian.co.tt

WASAPublic Utilities Minister Ancil Antoine says the Water and Sewerage Authority (WASA) is “burdened with massive debt and (is) financially strapped for funds.”

He said the state-owned utility company was currently operating with deficit is $1.6 billion and its receivables were $33.9 million.
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Up today, down tomorrow

By Raffique Shah
October 12, 2015

Raffique ShahI switched on my television last Friday just in time to see and hear a stern-looking House Speaker Bridgid Annisette-George say to former minister and current MP for Caroni Central Bhoe Tewarie, “You have three seconds to wrap up…starting now!”

I did a double-take, wondering if I hadn’t mistakenly tuned in to the Western channel rather than Parliament, some wild-west movie in which the “fastest” gunman in town gives an impossible ultimatum to his adversary.
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