JavaScript is disabled in your web browser or browser is too old to support JavaScript. Today almost all web pages contain JavaScript, a scripting programming language that runs on visitor's web browser. It makes web pages functional for specific purposes and if disabled for some reason, the content or the functionality of the web page can be limited or unavailable.

Wednesday, April 30, 2025

Mountain of questions over Mr Moonan

by

20130702

Tax­pay­ers are owed an ex­pla­na­tion of the ap­point­ment yes­ter­day of busi­ness­man and po­lit­i­cal fi­nancier Ra­bindra Moo­nan as chair­man of the Hous­ing De­vel­op­ment Cor­po­ra­tion (HDC), just weeks af­ter he was re­moved as head of the board of Caribbean Air­lines (CAL) in very con­tro­ver­sial cir­cum­stances.The ex­pla­na­tion of­fered by the HDC's line min­is­ter, Dr Roodal Mooni­lal, has not been suf­fi­cient to shake off the jobs-for-the-boys cloud that has hung over this ap­point­ment ever since it was first hint­ed at a few weeks ago.Cer­tain­ly, there seems to be a ma­jor dis­con­nect be­tween this de­ci­sion by Dr Mooni­lal and that of his Cab­i­net col­league Fi­nance Min­is­ter Lar­ry Howai, who sacked Mr Moo­nan and oth­ers from the CAL board.The glar­ing ques­tions are these: What makes a man who presided over CAL dur­ing a pe­ri­od of fi­nan­cial fail­ure and con­tro­ver­sial board ac­tiv­i­ty the best choice to now take the helm at the HDC? What is there about his track record and qual­i­fi­ca­tions and puts him so far ahead of any­one else that he should be giv­en charge of the state agency re­spon­si­ble for hous­ing?

At the very least, there must be a good ex­pla­na­tion of how the Gov­ern­ment could, in the face of strong ob­jec­tions from sev­er­al quar­ters, ap­point some­one it just fired for over­see­ing mal­ad­min­is­tra­tion at CAL to an­oth­er board with an even big­ger re­spon­si­bil­i­ty, giv­en the high de­mand for hous­ing.The T&T pub­lic is aware of dis­turb­ing de­tails of Mr Moo­nan's con­tro­ver­sial 11-month stint as CAL chair­man. To date, he has not been ex­on­er­at­ed of any of the charges that led to the ax­ing of that board. They were ex­posed for mak­ing sev­er­al poor de­ci­sions and tak­ing ad­van­tage of seem­ing­ly loose op­er­at­ing pro­ce­dures at the cash-strapped car­ri­er.Un­der Mr Moo­nan's watch, CAL deputy chair­man Mo­han Jaikaran re­quest­ed 19 com­pli­men­ta­ry air­line tick­ets for Moth­er's Day con­certs he was pro­mot­ing in New York and Toron­to. There had al­so been a num­ber of re­quests for pas­sen­gers to be up­grad­ed from econ­o­my to first class, all at the ex­pense of T&T's tax­pay­ers–and on an air­line that record­ed a loss of $339.5 mil­lion last year.

When he axed the Moo­nan-led CAL board, Mr Howai cit­ed is­sues of bad cor­po­rate gov­er­nance.How­ev­er, in jus­ti­fy­ing Mr Moo­nan's new board as­sign­ment, Dr Mooni­lal claimed Mr Howai is new to the po­lit­i­cal process and had re­moved the CAL di­rec­tors with­out pri­or Cab­i­net ap­proval.How­ev­er, Mr Howai's de­ci­sion has not been re­scind­ed, so Gov­ern­ment must say whether or not it was hap­py with Mr Moo­nan's tenure at CAL. If they were sat­is­fied with his per­for­mance as chair­man of the air­line, they would need to ex­plain why he was re­moved from CAL.If, how­ev­er, Mr Moo­nan was prop­er­ly re­moved from CAL for poor per­for­mance, they must now jus­ti­fy his place­ment as HDC chair­man and demon­strate that there was prop­er scruti­ny of this ap­point­ment to a pub­lic en­ti­ty where he will over­see the ex­pen­di­ture of mil­lions of tax­pay­ers' dol­lars.


Related articles

Sponsored

Weather

PORT OF SPAIN WEATHER

Sponsored