Sir Anthony Colman has described the Clico/Hindu Credit Union (HCU) inquiry as "very expensive." The commissioner was speaking just before yesterday's session of the HCU Commission of Enquiry was adjourned at the Winsure Building, Port-of-Spain.
He was replying to Senior Counsel Reginald Armour, who brought up the concerns of former Commissioner of Co-operative Development Diaram Maharaj, a retired public servant, about the provision of funding for his legal representation. "The office of Commissioner of Co-operative Development could not help him in that regard and I put it before the commission now to give some directions," Armour said.
In reply, Sir Anthony said: "It is rather unfortunate that there is no provision for funding and I feel strongly myself as I observed in the Clico part of the inquiry, people are required to appear as those who appear in the subpoena are required to appear."
Sir Anthony, an international commercial arbitrator, said it was in the public interest that witnesses should be assisted for the purpose of giving their evidence. "At the moment, there is nothing in place and maybe we could make further representation and see whether anything could be done about this...I am sorry, that is how things are," he said.
"I am sure everyone realises that these inquiries are pretty expensive exercises and they require a lot of administration, a lot of overhead expenses, and I am afraid that the cost and expenditure which fall upon particular witnesses are not being covered. Maybe something should be done about that. I will do my best to try to organise it, but no promises."
Sir Anthony said all evidence relating to HCU would completed by July 13, and there would be a number of witnesses called to give evidence. He said four witnesses who were required to give evidence appeared at the inquiry on Thursday, and two others could not be present because of ill-health. He said these six witnesses would be giving evidence at the next session.
Queen's Counsel Edwin Glasgow, who leads the inquiry into HCU's collapse, noted that other people who were subpoenaed and did not appear yesterday include former HCU consultant Jameel Ali, who has not responded to the subpoena, but is also required to give evidence.
Glasgow said attorney Ashvani Mahabir, who did legal work for the HCU, also declined to respond to the subpoena and is required to give evidence. The next session of the enquiry will run from June 8-15. The final session will be from July 9-13.
