Reading the facts surrounding the failed World GTL–Petrotrin gas-to-liquids facility, one cannot help but be thoroughly disenchanted at the lack of governance and the absolute and total abdication of fiduciary responsibility displayed by the board.It is a serious disservice to all the citizens in this country that so much taxpayers' funds were wasted on this gigantic white elephant.
When one thinks of all the different ways that money could have been used (hospitals, roads, infrastructural development, etc), once can only shudder at this almost three-billion-dollar waste. To compound this bad, one just has to look across the highway at the Tarouba stadium to see another gigantic white elephant. We know that the zoo cannot house elephants, so apparently the PNM was trying to build a reserve for them south of the Caroni.
Cheryl Duncan
Laventille