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Former Finance Minister and MP for Diego Martin North Colm Imbert claims the government froze a number of government loans meant for state enterprises, placed it in the government’s bank account, and will be using that to pay salaries for the remainder of the fiscal year.

Imbert was speaking at the People’s National Movement (PNM) public meeting at the Morvant Central Community Centre, Ciprani Street, Morvant.

In his over 20-minute address, Imbert said the former PNM-led government had accessed a number of loans to fund a number of projects such as Palo Seco Agricultural Enterprises’ serviced building lots for former Petrotrin workers in south Trinidad worth $200 million.