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$1B wasted in PNM investments
Posted: Wednesday, October 17, 2012
$1B wasted in PNM investments
A TOTAL of more than $1.1 billion in investment by the State has been wasted in a series of poor-value investments at several State entities, being written-off the books without any increase in asset value...
BAD DEAL
PNM senator demands probe into Govt purchase of land for $175m; bought for $5m...
Deyalsingh: Shutdown of cat cracker costing $2b
THE UNPRECEDENTED shutdown of the Petrotrin Fluid Catalytic Cracking Unit, or cat cracker, for 16 months has resulted in a cost of about $2 billion, according to Opposition Senator Terrence Deyalsingh.
Vasant: Over $.7b written off by e Teck
MORE than $700 million has been written off by State company e TecK, including more than $18 million for an American company that has gone out of business, Trade Minister Vasant Bharath has said...
$1.5M TO PLAY ON
THE Divine Echoes concert band set up by former Prime Minister Patrick Manning was staffed by foreign tutors who were paid salaries totalling about $1.5 million a month...
'Big $$ for musicians under PNM'
Tewarie moves to disband CDA board
Planning Minister Dr Bhoe Tewarie is recommending to Cabinet that the board members of the Chaguaramas Development Authority (CDA) should be changed. Tewarie was responding yesterday to reports that the telephone records of a Sunday Guardian reporter had been leaked to the CDA.
Chairman: Leakages can compromise confidentiality
Chaguaramas Development Authority (CDA) chairman Danny Solomon is insisting that even though the authority is a statutory body, its commercial transactions must be done in confidentiality.
Minister promises crackdown on TSTT lawbreakers
Public Utilities Minister Nizam Baksh has promised to discipline Telecommunication Services of T&T employees who may have leaked the telephone records belonging to a T&T Guardian investigative reporter.
New minister plans to boost justice system
Newly-appointed Minister of Justice Christlyn Moore delivered her maiden speech on Monday as the budget debate began in the Senate.
Bharath amazed at PNM 'cheap shots' over VAT
The previous People's National Movement (PNM) removed Value Added Tax (VAT) from 54 items which could fit on one page.
6,000 foods VAT free
NFM hints at flour price hike
Flour prices are currently "being reviewed" at National Flour Mills (NFM).
Jack: Job fair to recruit PoS residents
A JOB FAIR will be held at St Paul Street Community Centre today in an attempt to recruit residents from Port of Spain and environs.
Bridge near PM's home falls down
Prime Minister Kamla Persad-Bissessar warned Tobagonians during Saturday's rally in Market Square, Scarborough, that "London bridge was falling down," but little did she know that a bridge in her own constituency, outside her parents' Siparia home, would fall first.
I am stupid
Senate Vice-President Lyndira Oudit was forced to come to the defence of Communications Minister Jamal Mohammed who on Monday admitted in the Senate that he is stupid.
CAL under probe
...investigation started into why a Caribbean Airlines (CAL) aircraft spent more than four hours on the runway of the JFK International Airport in New York before departing for Trinidad.
Jearlean praised for giving daily-paid workers pension plan
Government Senator James Lambert has praised managing director of the Housing Development Corporation (HDC), Jearlean John, for preparing a draft note to be taken to the Cabinet which will see pensions given to both monthly and daily-rated workers as stipulated in the HDC Act.
Staff sick-out at hospital leaves patients suffering
PSA protests delays by NCRHA
Balgobin: Boobies business booming
... but 16 per cent living in poverty
Caura river rages
IT DID not take that much rainfall to transform the usually peaceful Caura river into a raging torrent, overflowing its banks, inundating surrounding areas and damaging several properties, last Friday.
Bournes Road cleans up after flooding
Central affected by weather
Rickey Singh: Guyana's confrontation politics
James Millette: Joe Young's radical legacy
Kwame Nantambu: History — from our perspective
Siparia officers under investigation
Prisoner escapes for fourth time
Defence objects to DNA witness
THE arrival Monday night of a British DNA (Deoxyribo-
nucleic Acid) expert to testify in the ongoing Daniel Guerra Murder Inquiry, hangs in the balance, following a legal submission yesterday that DNA samples from the Gasparillo schoolboy's body, were not obtained in accordance with legal regulations.
Woman jumps to her death at PoS hospital
...Man leaves suicide note, found dead with head submerged in bucket
Man killed 'after attempted rape'
AN El Dorado woman is currently in police custody, assisting officers with their investigation into the stabbing death of a Diego Martin man, whose body was found at Manzanilla beach early yesterday morning.
3 limers shot in Arima
THREE men were up to yesterday afternoon at hospital after they were shot in two separate incidents in Arima on Monday.
Vindra's murder trial set to begin next year
After several delays, the trial of 12 men accused of kidnapping and murdering businesswoman Vindra Naipaul-Coolman almost six years ago is set to begin early next year.
Cocaine for cramps draws 182 days jail
AS a person who washes maxi taxis, Laventille resident, Earl Felix, told a magistrate yesterday that he experiences cramps and as such, he usually used cocaine to ease the pain.
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