Home' Trinidad and Tobago Guardian : January 18th 2015 Contents news
January 18, 2015 www.guardian.co.tt Sunday Guardian
Staff of the International Monetary Fund
(IMF) will arrive in T&T tomorrow and will
stay until January 26 to discuss the performance
of key sectors of the economy and the outlook
for these sectors over the next two or three
The IMF team will be headed by Elie Canetti,
adviser, Western Hemisphere Department.
During the eight-day visit, the IMF will hold
discussions with the Ministry of Finance and the
Economy, the Central Bank, government agencies,
and private sector organisations.
T&T has been a member of the IMF since
Every year, the IMF holds detailed discussions
with member countries regarding economic and
These discussions allow the institution to obtain
a first-hand view of the country s fiscal position.
Finance Minister Larry Howai has advised that
he will focus this year s discussions around the
impact on the national budget of the recent
declines in energy prices, and the measures being
taken to address the shortfalls in revenue.
Howai indicated that he was "pleased with the
timing of this visit as it offers an opportunity to
obtain in-depth information from a major multi-
lateral institution on the likely trajectory of oil
and gas prices and best practices in managing
the effect on the country s overall fiscal situation."
T&T continues to enjoy an A-rating from Standard
and Poors with a stable outlook and extensive
financial buffers including Foreign Exchange
Reserves of US$11.3 billion and a Heritage and
Stabilisation Fund which currently stands at
Former Life Sport director
attacks Govt online
IMF team in town tomorrow
Members of the Nayal Hill School of Music perform Benjai's I Come Out To Play during the
preliminaries of the Pantrinbago north zone single pan competition at the Queen's Park
Savannah, Port-of-Spain, on Friday night. PHOTO: ROBERTO CODALLO
A former Life Sport director, Ruth
Marchan has now taken to making
a stream of serious allegations
against the Government online and
in a letter to Jack Warner.
Marchan disappeared last June,
going to a safe house provided by
the former national security minister
and Independent Labour Party leader.
Weeks later, she allegedly fled the
country amid threats on her life. She
remained under the radar for the
better part of seven months, but
resurfaced on social media sites in
the first week of the new year making
incriminating comments about the
Government, the unsolved assassi-
nation of Senior Counsel Dana See-
tahal and the $34 million paid to a
single contractor under the now
defunct Life Sport programme.
Marchan also e-mailed Warner
last week from her hiding place to
warn of an underworld plot to assas-
According to the e-mail, Marchan
is in dire financial straits and in need
of Warner s assistance to hire a lawyer
and help pay her rent.
Warner, in a brief interview with
the Sunday Guardian, confirmed that
he had received the e-mail from
Marchan and that he was convinced
it was her and not some electronic
"She has pleaded with me for
assistance both in terms of additional
security and finance. I did this for
her before and I am prepared to do
so again because of what she is going
through is wrong," Warner said.
Marchan s letter to Warner, which
was sent from her new e-mail
address on January 10, asks for the
assistance, lists details of Seetahal s
murder plot, and alleges one very
tech-savvy former Life Sport con-
tractor was retained to conduct elec-
tronic spying and set up foreign
accounts for some clients.
"Behind close doors he is doing
all their dirty work spying on top
officials and undermining the State
in a lot of areas," she said.
She claimed a local who was linked
to the JFK bombing had his records
cleaned up by this Government
before he came back to T&T and was
able to get lucrative business deals.
Marchan made allegations against
four senior government ministers in
her letter to Warner.
She also implicated a former gov-
ernment official in Seetahal s assas-
sination in her letter.
"(Name called) was given the offi-
cial job to implement the plot on
Dana," she said.
Marchan goes into detail about
who else assisted the official by
"housing" the hired guns at a private
home in the West.
She defended the people hired to
carry out the murder, saying that
they were "innocent."
"For them is a job, the ground is
innocent," she said.
She named five people behind the
plot and every name linked back to
the Life Sport programme in one
way or another.
"All that went on with lifesport
and its connection with Dana See-
tahal and a lot more wrong doing
with the bring in of durgs (sic) and
guns into the country," she said.
"I was told I have to stay away
until after the elections..." she said.
She said with all the information
she had "it is not safe" for her to be
back in the country as she believed
there would be an attempt on her
life. But she wanted to hire a lawyer
to help build a case against the State
with respect to her involvement in
"The lawyer I need we will win
the state for all i have been through.
I am innocent... I need a lawyer to
represent me as well. I have a lot of
grounds to sue the state on more
that three situations that occur," she
This is not the first time Marchan
has turned to Warner for help. At
the height of the Life Sport debacle,
Warner came to Marchan s rescue
after her own body guard, Curtis
"Tallman" Gibson, was killed in his
Marchan said she was ready to
talk and to provide the necessary
While Warner did not reveal if he
had handed Marchan s letter over to
the police, the Sunday Guardian
revealed the contents of the letter
to National Security Minister Gary
Griffith yesterday. Griffith said he
was apprised of Marchan s com-
ments on the social media site and
the alleged death threats made
"But I have to be very careful not
to overstep my boundaries on any
matter that is part of a police inves-
tigation," Griffith said yesterday.
Griffith said he was also aware
that the police investigations into
the criminal aspects of the matter
"Where there is a criminal offence,
the police will continue investiga-
tions," Griffith said, adding that he
would continue to keep abreast of
...claims to have info on Dana's murder
Acting Commissioner of Police
Stephen Williams yesterday said
he was only made aware of
Marchan's online statements
after reading what was
published in the media.
"And I believe the Attorney
General responded to that,"
When told of the letter
Marchan sent to Warner,
Williams said he was not aware
that had transpired and could not
comment on it.
"I can't speak to that,"
CoP HAS NO INFO
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