Board Games Redux – the NIDCO matter

Board Games Redux – the NIDCO matter

These recommendations are from the 2010 Uff Report into the Construction Sector.

“…39. The reviewing of tenders and the making of decisions upon the award of contracts should be undertaken in as transparent a manner as possible, including demonstrating clear compliance with procurement rules, so as to allay suspicion of improper actions or potential corrupt influences…
(The emphasis is mine)

“…54. There should be no doubt (as there presently is) as to the power of Ministers to give instructions to Government agency companies on any matter within the Minister’s remit, including compliance with rules, regulations and procedures. If this cannot be achieved by voluntary means, consideration should be given to creating the agency as a statutory corporation incorporating such powers…”

It is unacceptable that Cabinet is still making decisions on the award of large-scale contracts. What is more, this procedure continues to be the norm, so this week I am deferring any budget commentary to deal with this issue.

chremI am referring to the recent imbroglio emerging from the award of a $400M contract to KALLCO for a 5-Km (about 3 miles) stretch of the Toco to Manzanilla highway. Minister of Works & Transport, Rohan Sinanan, is related to KALLCO and he declared that he had recused himself from both the discussion and the decision made by Cabinet.

My concern is not Sinanan’s relationships, or indeed, whether or not he recused himself from both the discussion and decision stages of the Cabinet process. I have no good reason to doubt the Minister’s statement, my only point on that issue is that the continuing tradition of Cabinet secrecy has made it impossible to verify Sinanan’s assertions.
Continue reading “Board Games Redux – the NIDCO matter”

Ah, yes! Look trouble now! You know we love a good bachanale in sweet, sweet T&T, and we love it even more so when the government is at the centre of the discussion. And allya know how I love to mind the government business. But the Govt doh have no business of their own: Their business is our business…The Govt is our staff…

Now, I want to bring that conversation to a space where I could buss some files on the slackness plaguing our government. I will be talking about the lack of transparency, the issues of accountability and public procurement, and the Code of Silence that dictates all of their actions. The public has been kept in the dark and I am trying to shine the light onto these weaknesses.

And hear d bes’ part: Ah talkin’ fuh FREE! So, come join us at The Big Black Box on Murray Street next Wednesday, 11th October, at 6:30 PM. Come take a drink, tickle yuh mind, and engage with me on the topics I have dedicated much of my time and energy to understanding.

Doors will open at 6:00 PM.
Talk starts at 6:30 PM.

Finding the Ferry Facts

Finding the Ferry Facts

The Tobago Ferry issue has gone from bad to worse, with at least four inquiries underway. There are now inquiries being done by:

  1. the Integrity Commission;
  2. PWC, on behalf of the Port Authority Board;
  3. Christian Mouttet and of course,
  4. the ongoing live spectacle at the Joint Select Committee (JSC) of Parliament on Land & Physical Infrastructure.

Continue reading “Finding the Ferry Facts”

Finding the Ferry Facts: Letter to the Editor – Trinidad Express

The Editor,

The Tobago Ferry issue has now landed at an unfortunate impasse, with the PM chairing a meeting of Stakeholders next week Monday.

The loud allegations of corruption and bad practice are as varied as the defensive claims by public officials, so once again we seem to be in a cloudy place. Some real clarity is needed urgently, if we are to restore public confidence, not to mention the required level of service for the Tobago Ferry.

alisonlewis-rohansinanan
PATT chairperson, Alison Lewis and Minister of Work Rohan Sinanan. © Trinidad Express

Given that both Minister Sinanan and Port Authority Chair, Ms Alison Lewis, have welcomed any investigation into this matter, immediate steps need to be taken to clear the air by publishing these details –

  1. Ultimate Beneficial Owner – Who is the Ultimate Beneficial Owner of Bridgman’s Service Group? This is an elementary part of any due diligence process and should be readily available;
  2. Tender Evaluations – The Tender Evaluation Reports for the several tender exercises undertaken to replace the Superfast Galicia, including those aborted or suspended exercises. The 39th recommendation of the Uff Report is directly applicable to this fiasco –

    “…The reviewing of tenders and the making of decisions upon the award of contracts should be undertaken in as transparent a manner as possible, including demonstrating clear compliance with procurement rules, so as to allay suspicion of improper actions or potential corrupt influences…”

    We continue to ignore those findings to our collective detriment.;

  3. Ferry Contracts – The contracts for the Cabo Star and the now-cancelled Ocean Flower Two must now be published in the interests of transparency and accountability.

The public is paying for this Ferry arrangement, both in terms of actual Public Money and in terms of the tremendous inconvenience and losses, so there can be no reasonable case for further concealment of these critical details.

Afra Raymond
Port of Spain

TSTT Matters – How the MASSY-TSTT Merger Affects Us

I: Transparency issues

TSTT’s share purchase agreement, announced on 2 May 2017, to buy Massy Communications Ltd has provoked a great deal of sceptical or negative public comment. I will not attempt a critique of that deal since it is well beyond my scope: in any case, the basic details have not been disclosed. We have been told that the price is $255M and that the deal is conditional upon the approval of the Telecommunications Authority of T&T (TATT).

The furore over this huge deal seems to be fueled by these three statements emerging from TSTT –

  1. Transparency – TSTT cannot reveal the details of the deal to the Parliament’s Public Accounts Enterprises Committee (PAEC) since it is not obliged to follow either the Integrity in Public Life Act or the Freedom of Information Act. Further, TSTT is required, as a listed entity, to follow the provisions of the 2012 Securities Act in regard to the secrecy of pending transactions. What is more, TSTT and Massy Communications Ltd are both bound by a Non-Disclosure Agreement.
  2. Accountability – The $255M purchase price is funded by $1.9Bn which TSTT raised from private lenders, so that money is presumed to be outside the definition of Public Money. One assumes, from the tone of those statements, that TSTT did not require a guarantee or letter of comfort from the State.
  3. Good Governance – TSTT stated that the first time the Cabinet would have been aware of this transaction is via the press. This returns to the issue of just where is the lawful and proper boundary between the Cabinet and the various State Enterprises for which it is responsible. This again sparks the debate as to whether TSTT is really a State Enterprise.

The second and third points will be covered in the next section. Continue reading “TSTT Matters – How the MASSY-TSTT Merger Affects Us”

Bond issues

One of the major issues facing the country as this recession unfolds is the pressing need to review the State Enterprise sector. A Cabinet-appointed committee, chaired by Dr Terrence Farrell, was established to examine the SOE sector, but we have no idea yet as to their recommendations.

petroOne of the hugest State Enterprises is Petrotrin, a major player in the national economy, with the immense influence of the OWTU on the side of its workers. A great deal of discussion is now emerging on whether or how Petrotrin could be restructured or privatised.

On 9th October 2015, the newly-installed Petrotrin Board issued a Press Release under the rubric “Facing and Overcoming Our Current reality” – the primary challenge was said to be ‘high and increasing debt’. Continue reading “Bond issues”

VIDEO: Morning Brew – 12 April 2016

CNC3 LogoThis is my 12th April 2016 ‘Morning Brew’ interview with CNC3’s Hema Ramkissoon on the Invaders’ Bay matter…it is also the first time I made public comments on the JCC imbroglio, albeit after a sneaky series of questions from Hema…I guess that’s what crafty interviewers do, eh? As it happens, the questions remain outstanding on both those issues.

Programme Date: 12 April 2016
Programme Length: 00:22:32