Senior Reporter
jensen.lavende@guardian.co.tt
The legal tab for the US$131 million Piarco Airport judgment granted in favour of this country two years ago, will be picked up by two supporters of the United National Congress (UNC) and their Miami counterpart, according to a judgment delivered on May 9.
The judgment came after Miami Circuit Court judge Reemeberto Diaz, in May 2023, ordered that businessman Steve Ferguson, former UNC minister Brian Kuei Tung and US businessman Raul Guitierrez Jr pay this country US$131,318,840.47. The matter is now the subject of appeal.
The awarded sum is triple the amount the State requested for damages under US Racketeering Influenced and Corrupt Organisations (RICO) law.
A Miami jury found Ferguson liable for fraud linked to the redevelopment of the Piarco International Airport between the late 1990s and early 2000s.
Kuei Tung, a former minister of finance under the Basdeo Panday administration, and Gutierrez, the former principal of Calmaquip Engineering Corporation, the company that provided specialised equipment at the airport, were previously held liable in the racketeering case.
In assessing costs for legal fees, Diaz found that the men should pay US$17,389,910.93 to the law firms White & Case and Sequor.
Diaz found that attorneys at both Sequor and White & Case, on behalf of the country, completed 38,556.63 hours of work.
In total, Sequor’s attorneys racked up US $6,078,770.43 while White & Case earned US $10,509,133.70. His ruling added that the state sought to recover US$802,006.80 in costs incurred by both law firms.
After the initial judgment, Ferguson refused to divulge his assets, resulting in further litigation. Diaz took this into consideration and still issued the order.
During his contribution to the mid-year budget debate in the Senate yesterday, Opposition Senator Faris Al-Rawi thanked Attorney General John Jeremie for his work in the matter.
“The final judgment was granted to Trinidad and Tobago, $17,389,910.93, and interest accrues on that. That judgment was published to the world on the ninth of May, 2025, after the election,” Al-Rawi said.
“So, history is going to be in sharp focus because it really is quite remarkable that the Honourable Attorney General has the pleasure of concluding that work, and I am sure we are in good hands because the kind of licks that the Honourable Attorney General took for that matter is unprecedented.”
