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The board of Angostura Holdings Ltd in March had initially approved US$896,000 (TT$6 million) to sponsor and co-promote the now controversial One Caribbean Music Festival Concert, but in April changed to forking out a sponsorship sum of TT$400,000.

The Express yesterday received a bundle of documents which detailed Angostura’s proposed involvement in the concert held on May 31 at the Queen’s Park Savannah where Vybz Kartel (Adidja Palmer) failed to headline due to a payment dispute with the event’s promoter, Jacho Entertainment Ltd.

Document 1: Note to board of directors