Home' Trinidad and Tobago Guardian : July 26th 2013 Contents Minimum wage still to be reviewed --- McLeod News --- Page A6
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Friday, July 26, 2013 www.guardian.co.tt Guardian
for 25th JULY, 2013
Field operations secretary of the Con-
gress of the People (COP) Kirt Sinnette
was considering his legal options late yes-
terday in light of reported moves to expel
him from the party.
Sinnette said although no one from the
executive had called him to say they were
angered by comments he made at a COP
political meeting in Chaguanas on Tuesday,
e-mails in circulation had alluded to such
He said the COP s constitution did not
address the issue of expulsion, and hence
he was exploring his legal options.
Sinnette said he stood by his call for the
COP to extricate itself from its partners in
the People s Partnership Government
because his party s founding principles were
While this was happening, he said, the
membership was dwindling as they did not
know where the party stood or what it
Sinnette had told the Gaston Court,
Chaguanas, meeting, attended by party
leader Prakash Ramadhar and chairman
Carolyn Seepersad-Bachan, that he intended
to move a motion for the party to quit the
PP when it holds its next national council
"Instead of dealing with the message,
they want to shoot the messenger," Sinnette
Calls made to members of the COP exec-
utive were not answered yesterday.
However, Seepersad-Bachan in a morning
talk show yesterday, denied the allegations
about Sinnette s expulsion.
Dissatisfied members in support of Sin-
nette issued a media statement yesterday,
headlined, "Prakash Ramadhar faction
moves to expel Movers of Resurrection
and the Notice to Quit motions.
The statement said the movers of the
motions were in receipt of e-mails circu-
lating between members of the national
executive, advocating their expulsion and
saying this would form the basis of a count-
er-motion to be presented at the next
national council meeting. The counter-
motion will call for the expulsion of the
movers of the two motions titled, "COP
Resurrection Motion" and "Notice To Quit."
The resurrection motion calls for Ramad-
har to account for his stewardship with
respect to the direction and control of the
party s affairs. It also calls for the formation
of a committee to formulate and implement
any future strategy that concerns the direc-
tion and control of the COP.
This motion is said to have arisen as a
consequence of what the movers termed
unilateral moves by Ramadhar to lead the
party in a direction not consistent with its
The statement said moves by executive
members to expel the movers if they seek
to publicise their efforts would be strongly
resisted by the membership of the party.
In this regard, the movers will be seeking
the advice of elder statesmen of the party
Vernon De Lima and Rekha Ramjit on their
"This is an attempt to stifle the demo-
cratic process of articulating and airing of
what we consider to be not only the business
of the COP, but the business of the nation,
who have the right to know and to be
informed with respect to the direction and
control of the party s future," the statement
at legal options
As COP moves to expel exec for defiance...
CLF s issued share capital comprises 7.5 million
$1 shares. The company has a total of 325 share-
holders, including Planning Minister Bhoe Tewarie,
who owns 1,171 shares, and Mervyn Assam, who
is Ambassador Extraordinary and Plenipotentiary
with Responsibility for Trade and Industry. Assam
owns 7,500 shares.
Apart from DALCO Capital Management and
the CL Duprey Investment Trust, the third main
CLF shareholder is the employees pension plan
of the British American Insurance Company, which
owns 1,066,312 CLF shares equal to 14.21 per cent
of the group. The pension plan is under judicial
Asked if there was any discussion of the CLF
resolution of the issue at yesterday s Cabinet meet-
ing, Minister of Communication Jamal Mohammed
said: "The Minister of Finance has to go before
the Cabinet with a proper presentation on the
future of the CL Financial matter. But it was dis-
cussed for a few minutes."
Asked whether he was saying that the minister
had not made a proper presentation to Cabinet,
Mohammed said: "Yes, he has, but further decisions
have to be made and he will make a proper pres-
entation to Cabinet."
Sources close to Cabinet revealed that the res-
olution proposal, which was tabled by Finance
Minister Larry Howai, has faced stiff opposition,
with several ministers questioning the rationale
behind the CLF proposal that it suffered a loss as
a result of the manner in which the group s Repub-
lic Bank shares were sold.
In a Letter of Intent, dated July 4 and signed
by CLF managing director Marlon Holder, CLF
said that it proposes: "Subject to the determination
of the merits of its claim, any such loss be treated
as a credit for the benefit of CLF in the discharge
of the Government debt."
This proposal has the potential to diminish or
eliminate the debt to Government, which the July
9 Cabinet Note estimated could total $3.3 billion,
based on median valuations, according to sources.
The sources also questioned why would CLF
wish to dispute Clico s beneficial ownership of
several of the assets that are due to be sold to
repay the Government s bailout.
The Letter of Intent states: "CLF may wish to
pursue this dispute in the course of the divestment
of the assets and shall advise Government of its
proposed action in this regard."
Continued from Page A1
Youth Training and Employment Partnership Programme (YTEPP) welder Dwayne Deane imitates
welding a hydrant at the corner of Queen and Abercromby Streets during SLAM 100.5FM's Career
Fair, titled "STEP-UP," at Nalis, Port-of-Spain, yesterday. PHOTO: ABRAHAM DIAZ
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