Tag Archive for 'Petrotrin'

Budget: capture every crook and dodger

By Raffique Shah
October 02, 2018

Raffique ShahI am writing this column before the Minister of Finance delivers his 2018-2019 Budget, and no, Colm Imbert and I are not friends, so I can’t call him on the phone and ask for a few tips on some of the measures he proposes to introduce to restrain the population from open rebellion, especially after his boss, the Prime Minister, declared last week that he will put the ruling People’s National Movement on a general election footing from early next year.
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We are not beggars

By Raffique Shah
September 26, 2018

Raffique ShahKamla Persad-Bissessar’s statement that a possible solution to Petrotrin’s problem might be to import crude oil from Guyana was uninformed—and here I’m being charitable to the Opposition Leader. But nothing she said warranted the barrage of insults hurled at Trinidad and Tobago in a response by one Robert Persaud, who is described as being a former Minister of Natural Resources and the Environment in Guyana.
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Missing Their Mark

By Dr Selwyn R. Cudjoe
September 17, 2018

Dr. Selwyn R. CudjoeDr. Keith Rowley and the PNM came through the Petrotrin debate looking much better than Ancil Roget and the OWTU. Moreover, Rowley’s rationality and levelheadedness triumphed over Roget’s tentativeness and impulsiveness. Initially, I thought Rowley and the PNM would have won the battle and lost the war. I am not sure this prediction still holds. It’s a pity though Roget did not outline his refinery-saving proposal before (Express, September 14).

My neighbor, a shop steward of OWTU, has another view of things. He believes the strike was “partially successful. It was supposed to demonstrate to the political leaders that we need to change how we do things and to remind them that the people are still in charge.” “The union,” he said, “used the day to protest the selling of our national assets to foreigners.”
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Day of work and rejection

By Raffique Shah
September 12, 2018

Raffique ShahI was not surprised when the trade unions’ call for the workers of the country to stay at home and observe a day of “rest and reflection” last Friday failed miserably. What was intended to be a general strike by whatever name labour leaders chose to label it, turned out to be a near-unanimous rejection of their insensitivity to the country’s economic crisis. Workers put their own job security and the national interest before the recklessness of a handful of unionists.
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The Tricky Ways of Democracy

By Dr Selwyn R. Cudjoe
September 11, 2018

“Democracy will never be supplanted by a republic of experts.”
—Thomas Piketty, Capitalism in the Twenty-First Century

Dr. Selwyn R. CudjoeI want to compliment Dr. Keith Rowley for the informative and well-argued address he made to the nation on Sunday about his government’s intention to get rid of the refinery operations of PetroTrin. One may not agree with everything he said or the conclusions he arrived at, but it was courageous of him to share his thinking with the nation.
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Fly flag at half-mast

By Raffique Shah
September 5, 2018

Raffique ShahIf I’d had a national flag that I hoisted on important occasions, I would have been sorely tempted to fly it at half-mast on Independence Day last Friday.

I don’t own one, so the temptation to display my shame over our inability to attain some achievements during 56 years of nationhood did not arise. I must confess though that the major electricity outage that struck large parts of Central Trinidad just when the military parade got underway relieved me of rendering my patriotic duty that has been an annual ritual for as far back as I can recall.
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Killing the Goose That Laid the Golden Eggs

By Dr Selwyn R. Cudjoe
September 03, 2018

Dr. Selwyn R. CudjoeAesop, an enslaved man from Ethiopia, once told a fable, “The Goose That Laid the Golden Egg.” It goes like this:

“A man and his wife owned a very special goose. Every day the goose would lay a golden egg, which made the couple very rich.

“‘Just think,’ said the man’s wife, ‘If we could have all the golden eggs that are inside the goose, we could be richer much faster.'”
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Petrotrin: all of them must go!

By Raffique Shah
July 18, 2018

Raffique ShahBecause of the interest generated by my column last week on State-owned Petrotrin and the fact that the country has awakened to a possible disaster at our doorstep in the fate of the struggling oil giant, I thought I should return to add a few more salient points to the national discussion that will likely determine its future.

I claim no expertise in the oil industry, and certainly not on Petrotrin. However, I have, over the years, tried to educate myself on the hydrocarbons and petrochemicals industries in order to better understand these engines of our economy. Besides accessing information that is available in print and online, I have interfaced with many workers, technocrats and experts to whom I am grateful for sharing their vast knowledge with me.
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Petrotrin: radical surgery…or die

Br Raffique Shah
July 12, 2018

Raffique ShahI never thought I’d one day write a column that says what I’m about to. But as someone who has always put country before personal or ideological interests regardless of the fire I faced, I feel compelled to endorse calls for a radical restructuring of State-owned oil company Petrotrin.

If there is resistance to life-saving changes, declare the damn company bankrupt and shut it down.
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How Petrotrin was defrauded

By Anna Ramdass
September 14, 2017 – trinidadexpress.com

COLLUSION.

How Petrotrin was defraudedThis was how State-owned Petrotrin was defrauded of close to $100 million.

Details are contained in the August 2017 report by Petrotrin’s internal audit committee which unearthed the “fake oil” scandal.
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