The state is to ini­ti­ate le­gal pro­ceed­ings against for­mer chair­man of CL Fi­nan­cial Group Lawrence Duprey and for­mer board mem­bers of the Hin­du Cred­it Union (HCU) soon. This is ac­cord­ing to a doc­u­ment re­leased to the T&T?Guardian by At­tor­ney Gen­er­al Anand Ram­lo­gan yes­ter­day. Plan­ning Min­is­ter Dr Bhoe Tewarie was a mem­ber of the for­mer CLF Board. The doc­u­ment said:?"

As a re­sult of the in­ves­ti­ga­tions con­duct­ed un­der the di­rec­tion of the At­tor­ney Gen­er­al, civ­il pro­ceed­ings are soon to be filed in the fol­low­ing mat­ters:

•T&T&TEC against for­mer board mem­bers.

• The state against the for­mer mem­bers of the board of di­rec­tors of the Hin­du Cred­it Union.

• The state against An­dre Mon­teil and Lawrence Duprey and for­mer mem­bers of the CL Fi­nan­cial Board, the for­mer mem­bers of the Cli­co In­vest­ment Bank Board." The doc­u­ment al­so lists sev­er­al cas­es al­ready be­ing heard in court against for­mer PNM fi­nanciers.

•Petrotrin claim against the for­mer board led by Mal­colm Jones. Petrotrin is claim­ing $1.2 bil­lion with re­spect to loss­es suf­fered by the com­pa­ny as a re­sult of the con­struc­tion of failed gas to liq­uid plant.

• Ude­cott which is claim­ing the $465 mil­lion from its for­mer ex­ec­u­tive chair­man Calder Hart, its for­mer deputy chair­man Kr­ish­na Ba­hardoos­ingh, its for­mer chief fi­nan­cial of­fi­cer, Ri­car­do O'Bri­an and its for­mer chief Ex­ec­u­tive of­fi­cer Nee­lan­da Ram­paul. This claim is with re­spect to the award of the con­tract for the con­struc­tion of the Bri­an Lara Sta­di­um.

• E-teck, which is claim­ing $30 mil­lion from its for­mer chair­man Ken Julien and the oth­er mem­bers of the for­mer board. This claim aris­es out of the ac­tions of the for­mer board with re­spect to the in­vest­ment in Bam­boo Net­works Lim­it­ed.

• The Uni­ver­si­ty of Trinidad and To­ba­go has com­menced pro­ceed­ings against the for­mer pres­i­dent of the board Ken­neth Ju­lian and the oth­er mem­bers, seek­ing dam­ages in­curred in the sum of $12 mil­lion for breach of their fidu­cia­ry du­ty. They leased a prop­er­ty for use as a guest house from some­one who had no ti­tle and did not even own it.

• The Cen­tral Bank against Lawrence Duprey and An­dre Mon­teil and their per­son­al com­pa­nies, Dal­co Cap­i­tal and Stone Street Cap­i­tal, for breach of trust. This lit­i­ga­tion seeks to re­cov­er mil­lions of dol­lars that were sy­phoned out of these com­pa­nies.

• The AG vs Bri­an Copeland and oth­ers with re­spect to re­cov­ery of the state's in­tel­lec­tu­al prop­er­ty rights in the PHI pan. This claim seeks to pro­tect the pub­lic's right in the PHI pan so that ex­ploita­tion for pri­vate gain with­out any ben­e­fit to the peo­ple is avoid­ed. (RL)