Bailiffs moved into Pan Trinbago headquarters in Port-of-Spain on Thursday to levy against the steelband organisation for a growing $200,000 debt owed to a private company.
Confirmation came from outgoing Pan Trinbago treasurer Andrew Salvador.
Salvador said the organisation owed a $200,000 debt to a company, which he refused to name, that resulted in a court action.
“The court action was approved. What happened they came yesterday (Thursday) and the matter was ironed out.”
Salvador said Pan Trinbago eventually settled the payment.
He admitted that Pan Trinbago owes several companies “millions of dollars,” while six organisations owed them $3 million.
Salvador said they were awaiting releases of funds from the Government to settle these payments.
Outgoing Pan Trinbago president Keith Diaz said among the organisations who owed $1 million to Pan Trinbago was the Ministry of Education.
Diaz said also confirmed that Pan Trinbago owes many organisations.
“We did not receive a lot of funds from the Government since 2017. This led to the debt. Up to now, we have not seen money from the Ministry of Education from 2017. And we are owing people.”
Diaz refused to say how much was Pan Trinbago’s overall debt.
On October 28, Pan Trinbago’s election will be held for a new executive.
Ten positions are up for grabs.
Eight people have offered themselves for the position of president.