State to pay sacked Central Bank Governor Hilaire

The State has reached a set­tle­ment with for­mer Cen­tral Bank Gov­er­nor Dr Alvin Hi­laire, avert­ing a tri­al in his con­sti­tu­tion­al claim against the Cab­i­net and the At­tor­ney Gen­er­al, Guardian Me­dia un­der­stands, through at­tor­neys in­volved in the case.

The mat­ter came up for tri­al be­fore Jus­tice Ram­sumir Hinds at the Port-of-Spain High Court on Mon­day.

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Hi­laire chal­lenged the Cab­i­net’s June 24, 2025 de­ci­sion to ad­vise the Pres­i­dent to re­voke his ap­point­ment as Cen­tral Bank Gov­er­nor and ap­point for­mer fi­nance min­is­ter Lar­ry Howai to the po­si­tion.