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Tuesday, March 18, 2025

CWU calls for forensic audit into TSTT

by

Business Desk
1349 days ago
20210708
Clyde Elder

Clyde Elder

“While the Telecom­mu­ni­ca­tions Ser­vices of Trinidad and To­ba­go (TSTT) has ex­pe­ri­enced 35 per cent re­duc­tion in val­ue, the com­pa­ny has em­barked on an­oth­er re­or­gan­i­sa­tion ex­er­cise, that when suc­cess­ful­ly im­ple­ment­ed, is ex­pect­ed to yield sig­nif­i­cant prof­its go­ing for­ward.”

This state­ment made by chair­man of Na­tion­al En­ter­prise Lim­it­ed In­grid Lash­ley on June 25 as part of NEL’s sum­ma­ry au­dit­ed fi­nan­cial re­sults for the year end­ed March 31, has caused con­ster­na­tion for the Caribbean Work­ers Union.

In a Face­book Live video yes­ter­day. CWU’s head Clyde El­der called on Lash­ley to ex­plain what she meant.

El­der said since Lash­ley’s state­ment the union has reached out to TSTT for clar­i­fi­ca­tion.

That led to a vir­tu­al meet­ing a team TSTT from led by Gen­er­al Man­ag­er Shared Ser­vices Ger­ard Coop­er to dis­cuss the sit­u­a­tion.

El­der said Coop­er de­nied that there are any plans by TSTT to re­or­gan­ise and re­struc­ture the com­pa­ny.

Be­cause of the claims of are­duc­tion in val­ue at TSTT, El­der said the CWU is now “de­mand­ing that a foren­sic au­dit be con­duct­ed in­to the fi­nan­cial af­fairs of TSTT im­me­di­ate­ly.”

“What is the plan of the Gov­ern­ment for TSTT? I sus­pect, and I hope I am wrong, but I sus­pect it is to en­sure that it is mashed up and giv­en to their friends, fam­i­lies, fi­nanciers, and cronies at the per­il of TSTT and to the ad­van­tage of Am­plia, I sus­pect that. I hope I am wrong, I re­al­ly hope I am wrong, but the ev­i­dence sug­gests that the plan is to mash up TSTT and pro­mote AM­PLIA,” El­der said.

El­der said he has so far writ­ten Prime Min­is­ter Dr Kei­th Row­ley and Pub­lic Util­i­ties Min­is­ter Mar­vin Gon­za­les about the sit­u­a­tion but have not re­ceived a re­sponse from ei­ther.


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