JavaScript is disabled in your web browser or browser is too old to support JavaScript. Today almost all web pages contain JavaScript, a scripting programming language that runs on visitor's web browser. It makes web pages functional for specific purposes and if disabled for some reason, the content or the functionality of the web page can be limited or unavailable.

Thursday, June 19, 2025

Kamla slams ‘shameless’ board members who won’t resign

... also says CAL, CEPEP among entities which haven't filed statements in years

by

20 days ago
20250530
FILE - A Caribbean Airlines ATR 72-600 departs the British Virgin Islands.

FILE - A Caribbean Airlines ATR 72-600 departs the British Virgin Islands.

BRENT PINHEIRO

Se­nior Po­lit­i­cal Re­porter

Re­sign now?

That’s Prime Min­is­ter Kam­la Per­sad-Bisses­sar’s or­der to state board mem­bers who haven’t yet re­signed.

Speak­ing at yes­ter­day’s post-Cab­i­net me­dia brief­ing at the Red House, Port-of-Spain, she al­so warned that every con­tract state boards have en­tered in­to will be sent to the An­ti-Cor­rup­tion In­ves­ti­ga­tion Bu­reau to in­ves­ti­gate.

Per­sad-Bisses­sar added, “I want to tell all boards who are re­fus­ing to re­sign and the CEOs and man­age­ment of state en­ter­pris­es who are busy sign­ing off con­tracts and hir­ing friends and fam­i­ly, I tell them every con­tract they’ve en­tered in­to will be sent straight to the An­ti-Cor­rup­tion In­ves­ti­ga­tion Bu­reau so every per­son and every com­pa­ny in­volved will be in­ves­ti­gat­ed.

“This is the most shame­less type of be­hav­iour I’ve ever seen ex­hib­it­ed dur­ing a change of gov­ern­ment. It is overt, it is bold-faced and try­ing to eat-ah-food down to the wire and af­ter you’ve passed the fin­ish line - it doesn’t work like that.”

Per­sad-Bisses­sar added that Gov­ern­ment has plans to deal with board mem­bers who are re­fus­ing to step down.

“Of course, we have plans ... which I will not share with you to­day. We’re call­ing up­on them to do the right thing and should they fail so to do, we’ll do the right thing. They may be reap­point­ed. But the prin­ci­ple is that when the gov­ern­ment changes, you go. If you had done well ... some could be reap­point­ed. It’s not like you’re go­ing to fire every­body ... that’s not my in­ten­tion to fire every­body. We need every­one.”

She added, “So - yes, we have a plan. So far, many have com­plied, by the way. Ini­tial­ly, just a few had done it and oth­ers were threat­en­ing they ‘not go­ing any­where’ ... what­ev­er. I think good sense is pre­vail­ing. And for the few who are hold­ing on by their fin­ger­nails and toe­nails - we have a plan.”

She de­clined say which state boards are “hold­ing on by their fin­ger­nails.”

“Let’s give them a fur­ther chance af­ter my warn­ing to­day,” she said.

On an­oth­er is­sue, Per­sad-Bisses­sar said Gov­ern­ment is con­sid­er­ing and will be of­fer­ing an amnesty to al­low state en­ter­pris­es and small com­pa­nies to com­ply with their le­gal re­quire­ments re­gard­ing the Com­pa­nies’ Reg­istry.

“Some com­pa­nies haven’t filed state­ments for mul­ti­ple years - CEPEP (for a five-year pe­ri­od, yet it re­ceived half a bil­lion dol­lars), Caribbean Air­lines hasn’t filed since 2015. So, the new board will soon call on the CEO to ac­count.”

She added, “I’m giv­ing the man­age­ment of all state en­ter­pris­es fair warn­ing that they have to get their hous­es in or­der and have their state­ments of ac­counts up­dat­ed and filed when due.”

“Many pri­vate­ly reg­is­tered com­pa­nies have been struck off the reg­istry be­cause they have not filed. State en­ter­pris­es take it for grant­ed that no mat­ter what they do or do not, Gov­ern­ment will keep bail­ing them out be­cause of the fear of po­lit­i­cal fall­out - that can­not con­tin­ue....”

Say­ing that some con­tin­ue to ig­nore the re­spon­si­bil­i­ty of pro­vid­ing prop­er ac­counts, Per­sad-Bisses­sar warned, “They may well end up not re­ceiv­ing as­sis­tance from Gov­ern­ment in the fu­ture.”

She said prop­er plan­ning can­not be tak­en by any or­gan­i­sa­tion if they didn’t have up-to-date ac­counts year­ly.

She said mu­nic­i­pal cor­po­ra­tions are al­so guilty of not pro­vid­ing prop­er fi­nan­cial state­ments for au­dit­ing.

“Many are cul­prits - UNC-con­trolled cor­po­ra­tions and PNM-con­trolled cor­po­ra­tions. The biggest amongst them are Cou­va/Tabaquite/Tal­paro - 15 years; Diego Mar­tin - 15 years, Tu­na­puna - 12 years, Point Fortin -10 years.”

Per­sad-Bisses­sar said many com­pa­nies have been struck off the Com­pa­nies Reg­istry and the amnesty would be done to al­low them time to com­ply.


Related articles

Sponsored

Weather

PORT OF SPAIN WEATHER

Sponsored