Prime Minister Kamla Persad-Bissessar says Caribbean Airlines (CAL) is in the red and the previous board had been lying to the country about its economic situation.
She made the comment during yesterday’s post-Cabinet media briefing, where she announced new boards had been appointed at CAL and the Water and Sewerage Authority (WASA).
“They were in a lot of problems. Caribbean Airlines took a loan for $260 million, a loan that has been rolled over year after year after year. Today, we had to agree to roll over this loan. Not a cent has been paid on this loan,” Persad-Bissessar said.
“Caribbean Airlines is in the red but every time they speak they’re talking about the great gains they’re making, the profit they’re making; none of that is true. These boards have to go.”
Prime Minister Kamla Persad-Bissessar has continued a wave of state board changes, announcing a new board for Caribbean Airlines and the Water and Sewerage Authority (WASA), while insisting that all members of Angostura’s board had to resign because they were “political appointees.” She said the government would follow the law in the appointment of all boards.
Persad-Bissessar announced attorney Reyna Kowlessar, currently the company secretary at NIPDEC, as the new chair of Caribbean Airlines.
Videsh Praim was named vice chairman, finance. The rest of the board comprises Darren Ali, Lauren Perth, and Selwyn Cudjoe.
“There were a lot of problems at Caribbean Airlines,” Persad-Bissessar said, referencing financial pressure on the airline. “Many pages of things. They say you must pay this now or Caribbean Airlines was going to blacklist. The airline will collapse.”
She mentioned uniform procurement as one of several issues raised and accused unnamed people of “jumbieing” the government.
“They say if we don’t pay millions, the airline will collapse,” she said.
WASA board named, conflict questions raised
Attorney Roshan Babwah, a former human resource manager and principal consultant, has been appointed chairman of WASA. Dr Maurice Hoyte, Acting President of the Eastern Credit Union, is deputy chairman.
The other members are:
Tawari Tota-Maharaj, Chaitram Brown, Kern D. Saney, Naveen Maraj, Indra Mohammed and Patricia Herry.
According to his LinkedIn profile, Tota-Maharaj is currently a chief engineer at the Desalination Company of Trinidad and Tobago (Desalcott). The appointment raised conflict of interest concerns, since Desalcott is a contractor and supplier to WASA.
When asked, Minister of Public Utilities Barry Padarath said: “I'm advised that the person is an ex-employee of Desalcott so unless we can substantiate otherwise, then we'll take steps to deal with that.”
Angostura row deepens
The Prime Minister doubled down on her decision to replace the Angostura board, whose entire membership resigned earlier this week.
"Why the rush to get them out? Why the rush for them to stay?" she asked.
“Every one of those persons are political appointees,” Persad-Bissessar said. “They did not apply; they were appointed by the political directorate. When that directorate changes, they change.”
She dismissed concerns that the resignations could trigger mandatory reporting to the Trinidad and Tobago Securities and Exchange Commission (TTSEC), despite Angostura not being majority-owned by the State.
“If they don't report today, what happens? What would prevent them from reporting tomorrow? We will put the boards in place. We will fix it. We will fix it.”
But the way the resignations unfolded has also drawn scrutiny. On social media, reports circulated about doxxing and cyberbullying. Minister in the Ministry of Housing, Anil Roberts, accused the board online of trying to “hold on with toenails and fingernails.”
Persad-Bissessar has repeatedly said she tells her Cabinet ministers to “stay in their lane or stay in their section.” When it was pointed out that Angostura does not fall under the Ministry of Housing, where Roberts is assigned, she was asked whether she approved of his conduct.
“If I say yes, if I say no, I'm in a trap there,” Persad-Bissessar said. “From time to time, we have to call them in and say, rein in and stay in your section. It happens.”
She did not say whether Roberts had been or would be reprimanded.
More changes coming
Persad-Bissessar said the new board for the Trinidad and Tobago Electricity Commission (T&TEC) had not yet been appointed. The CEPEP Board and TTT board, she said, would be finalised “soon.”