Home' Trinidad and Tobago Guardian : December 23rd 2015 Contents A25
Wednesday, December 23, 2015 www.guardian.co.tt Guardian
PLEASE BE ADVISED THAT
and MACHEL RAJKUMAR
are no longer employed with
INTERNATIONAL SHIPPING LTD
and are not authorized to transact any
business on our behalf. In addition,
STRATEGIC LOGISTICS LTD
is not affiliated in any way with
INTERNATIONAL SHIPPING LTD
nor has it ever been authorized to act
on our behalf or to use any of our
The public is hereby
notified that Cocoa
Events Ltd. proposes to
(EMA) for a variation in
accordance with the
Noise Pollution Control
Rules 2001 for the
Event described below:
Date of Event/Activity:
5th February, 2016
2 Foreshore Lands,
The Public is invited to
submit comments within
5 working days of the
publication of this Notice
to the EMA 1219040
How much debt does T&T owe
lenders? We have been hearing all
sorts of figures but the main official
audited source is the Auditor General.
The last report stated that at Septem-
ber 30, 2014, we owed $49.7 billion.
This increased from $46.2 billion in
2013. We don t have the audited figure
for 2015 yet. This debt adds up local
and international loans as well as loans
and debts serviced under guarantees and
letters of comforts. As far as we know,
we have been servicing our debts.
But, we have a very troubling situa-
tion where T&T has been owed money
for years and the borrowers have not
been serving their debts. Who are these
and how much do they owe us accord-
ing to the Auditor General as at Sep-
tember 30, 2014?
Grenada: A 2005 loan to the Govern-
ment of Grenada for TT$103 million. To
date, they owe us almost TT$98 million.
The last payment received was in Sep-
Dominica: A 2006 loan to the Gov-
ernment of Dominica for TT$23 million.
No repayment to date.
Antigua and Barbuda: The Govern-
ment of Antigua and Barbuda was
loaned TT$9.7 million to begin repay-
ment from December 2008. No repay-
ment to date. Another loan of TT$13.4
million was made with repayment to
begin from December 2009. No repay-
ment to date. A third loan of TT$13.5
million was given and no repayment
again from agreed date of June 2010.
St Lucia: The Government of St Lucia
was loaned TT$9.6 million to begin
repayment in December 2008. No
repayment to date.
St Vincent and the Grenadines: The
Government of St Vincent and the
Grenadines was loaned TT$13.4 million
to begin repayment in December 2009.
None received yet.
TTPost: TTPost was granted a loan of
TT$71.8 million. No repayment was
made nor was any contract provided to
Port Authority of T&T: A loan of
TT$1.1 billion dollars was made but no
repayment made from December 2002
from when it was to begin.
T&TEC: A loan of TT$404 million
was made and no repayment yet.
National Energy Skills Centre: A loan
of TT$42.7 million was made and no
There may be others for other years
that are not part of this report. What
we as a nation are doing to recover
these outstanding monies? Will they be
written off? Can we charge interest?
These are some of the national dis-
cussions we need in this country. It
cannot just be left to the politicians and
technocrats. The people have voices too.
It is our money. When we as citizens
default on our payments to commercial
banks, other lending institutions and
hire purchase, we face the consequences
by interest penalties, confiscation of
items, etc. So, why let them off the
hook so easy without proper explana-
tions to the public?
In this "recessionary" period, as the
late Max Senhouse would have said, we
needs the money!
Senior citizen's benefit
no benefit to me
On behalf of senior citizens please allow me to com-
ment on this. Now that I am a bona fide senior citizen,
having turned 65 in July, I was happy when Minister Im-
bert, in the budget presentation, declared that we do
not have to pay to renew our drivers' permits. I never
thought I would feel happy to be old.
Hip hip hooray a benefit for me! But lo and behold it is
not what it appears to be. To begin with, I now have to
get a doctor's examination certificate, stating that I am
fit to drive, but I have to pay the doctor for a visit, sup-
ply a photo, that I also have to pay for.
And then the "coup de grace." Arriving at the St
James division of the Licencing Authority, I was told
that I have to stand in line with at least 40 to 50 "junior
citizens" to go to the cashier.
"But I don't have to pay, so why should I go in the
cashier's line?" I asked the attendant. "Because unfortu-
nately that is the only line we have at this time," was
the reply. So my senior citizens benefit is really of no
benefit to me at all. How senseless is this situation?
Needless to say I left since it was close to two o'clock
and "cash" closes at 3 o'clock.
Already some of the banks have discontinued the
"senior citizens line" in some of the branches, and now
this? Come, Mr Imbert or whoever the cap fits, put a
hand and sort out this oversight, which I am sure is all it
is. But please, do it before my permit expires.
Every govt cries
the sky is falling
I am forever amazed when I read about the "financial
disaster" that this government met when it assumed
office, since this scenario is exactly the same one that
met the NAR when it got into office, which sent us to
the IMF; the same one that the PP government met
when it got into office. And now the PNM government
is telling us the same thing.
The fact is we are here because of corruption, mis-
management, nepotism and all that go with it, all
brought on by our leaders.
Not one of the political parties is without guilt. They
as a group have brought us to where we are today and
will this new administration save us? Possibly, just don't
hold your breath.
Gordon Dalla Costa
CALM AND PEACEFUL
OUR NATIONAL $$ DEBT SITUATION
T&T Guardian reader Zac Barcant sent in this so-peaceful photo of Western Trinidad as seen over the calm waters of the Gulf of
Paria, Saturday morning.
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