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- 19 September, 2024
IMBERT RAIDS RAINY DAY FUND
FINANCE Minister Colm Imbert has withdrawn the net sum of an astounding US $2.3 billion (about TT $15.7 billion) from the Heritage and Stabilisation Fund (HSF).
NEW WASA CEO TO SEND HOME 3,000 WORKERS
THE Water and Sewerage Authority’s (WASA) incoming Chief Executive Officer Keithroy Halliday has an urgent mandate to slash the annual $1.6 billion taxpayer subsidy.
PNM PLAYS PETROTRIN POLITICS
THE international company paid $12 million to evaluate tenders for Petrotrin is hush-hush over Naveen Jindal.
$30 M SECONDARY ROADS BOBOL
Informed workers exposed the corruption to prominent national officials, including Procurement Regulator Beverly Khan, the Ministry of Works and Transport, and the Police Service’s White Collar Crime Unit.
PM SUPPORTS $3B AFRICAN FUNDS TO ELITES
PRIME Minister Dr. Keith Rowley is backing a move to make US $3 billion credit from an African bank available to regional elites instead of small business people.
NOW GOVT WANTS $2.3 B MORE
THE Rowley Government, which cannot account for $2.6 billion to the Auditor General for 2023, now wants an additional $2.3 billion for the current financial year.
IMBERT COMES UP SHORT
COLM Imbert, the Government’s poster boy of hubris, was always going to land in trouble with the people.
MEN WHO THINK THEY CAN COOK (THE BOOKS)
A MEMBER of Parliament took home a total of $752,405.96 in 2023 for the rental of properties to government ministries.
Another MP got $225,378.48 for another property rental last year.
SILENCE ON $3.5 BILLION SCANDAL
ANOTHER messy chapter in the biggest scandal since the Calder Hart fiasco has closed without national outrage.
In its latest saga, the plant was handed to Niquan Energy for an initial US $10 million, and a subsequent US $25 million in preference shares, which it did not pay.
REPUBLIC HEADS FOR RECORD $2 B PROFIT
REPUBLIC Bank is heading for a record-shattering $2 billion profit in the current year.
The commercial bank has just reported a three-month profit of $503 million.
