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On Monday night, Prime Minister Kamla Persad-Bissessar launched a scathing attack on an unnamed minister of her administration, who she accused of cavourting with “the same crooked contractors and PNM financiers and corrupt fake elites.” This is the speech in which our Prime Minister threatened to “buss your head” of any minister found guilty of awful crime of talking with one of their fellow countrymen.
This is also the speech in which she called on the management of majority state-owned Caribbean Airlines Ltd (CAL) to “sort itself out” within two years, criticising the management for operating an airline that does not have “one single route that is profitable.” She also lambasted the national airline for spending over $60 million to engage EY and PwC to conduct audits, while employing 86 people in its finance department.
Notes to Mrs Persad-Bissessar: If none of CAL’s routes are profitable, then surely the Government has the financial responsibility to either close down the airline or divest it; there are very few companies in T&T that operate without an external auditor, no matter how large or small is the company’s finance department. There is a reason that the Companies Act mentions auditors 133 times.
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