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LATEST CORONA VIRUS INFO – OFFICIAL STATS AND MAPS

Opposition Accuses Government Of Wastage At Petrotrin & Newly Incorporated Companies.

by | Nov 21, 2018

Opposition Senator, Gerald Ramdeen is accusing the Government of wastage at Petrotrin and its newly incorporated replacement companies.

He made the claims during his con­tri­bu­tion to yes­ter­day’s Sen­ate de­bate on the vest­ing of Petrotrin as­sets to Her­itage Pe­tro­le­um, Paria Fu­el Trad­ing Com­pa­ny and Guaracara Re­fin­ing.

He cited examples including almost 200 thousand dollars to incorporate the three companies set to replace Petrotrin.

Senator Ramdeen also revealed a $1.7 mil­lion con­tract buy­out to a hired foreigner whose ser­vices were even­tu­al­ly deemed not nec­es­sary.

He revealed that Petrotrin paid 1.7 million dollars to an American Oil executive Chyau Lin who was recruited but never worked as the decision to shut Petrotrin was made shortly after he signed his contract but before he could take up the job.

He also read from documents which claimed that Petrotrin paid one firm 66 million dollars in consultancy fees

Senator Ramdeen claimed to have received some of the documents outlining the payments from a Cabinet Minister.

However, Minister of Public Utilities Robert Le Hunte refuted Senator Ramdeen’s claims.

He insisted that this was Senator Ramdeen’s attempt at inserting doubt into the Cabinet.

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