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National Energy president Dr Vernon Paltoo will be proceeding on early retirement, bringing an end to more than two decades of service to the state-owned energy facilitator. However, sources told the Trinidad Guardian that Paltoo was in fact forced into pre-retirement leave, and when National Gas Company (NGC) chairman Gerald Ramdeen was contacted, he said, “I am not aware of this and I am in the middle of a meeting at this time.”
National Energy is a subsidiary of wholly State-owned NGC.
In an internal memo to staff yesterday, Paltoo said the decision followed “careful and deliberate reflection,” describing his years at the organisation as one of the greatest honours of his professional life.
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