TSTT widens probe into former acting CEO Cox

Ma­jor­i­ty state-owned Telecom­mu­ni­ca­tions Ser­vices of Trinidad and To­ba­go (TSTT) has ex­pand­ed its in­ves­ti­ga­tion in­to for­mer act­ing CEO Keino Cox to in­clude al­le­ga­tions of pos­si­ble fraud or dis­hon­est con­duct, de­lib­er­ate con­ceal­ment of ma­te­r­i­al in­for­ma­tion, undis­closed con­flicts of in­ter­est and the mis­use or ex­cess of ex­ec­u­tive au­thor­i­ty in re­la­tion to Hum­ming­bird Hold­ings.

The amend­ed in­ves­ti­ga­tion fo­cus­es on Hum­ming­bird’s pro­posed ac­qui­si­tion of Lib­er­ty’s 49 per cent share­hold­ing in TSTT, and whether Cox used his po­si­tion or ac­cess to con­fi­den­tial in­for­ma­tion to ad­vance Hum­ming­bird’s in­ter­ests with­out prop­er au­thor­i­ty or dis­clo­sure.

In a let­ter is­sued yes­ter­day, at­tor­ney Saman­tha Singh-Poona, act­ing on be­half of TSTT, pro­vid­ed Cox with an amend­ed state­ment of in­ves­ti­ga­tion cov­er­ing ad­di­tion­al mat­ters. The com­pa­ny em­pha­sised that no find­ings had been made against him and he will be giv­en a full op­por­tu­ni­ty to re­spond.