While one former CEO of the Telecommunications Services of Trinidad and Tobago (TSTT) is refusing to comment, another is maintaining that round-the-clock security for acting CEO Kent Western is “wanton wastage”.
In an interview with Guardian Media yesterday, Lisa Agard said it is unjustifiable for her successor to utilise security at $65 per hour which amounts to around $44,000 a month.
Opposition Member of Parliament Barry Padarath gave a rough estimate of a $49,000 cost on Wednesday when he presented details retrieved from TSTT after a Freedom of Information Act (FOIA) request was filed.
Padarath spoke on the issue at the United National Congress’ media briefing at the party’s Chaguanas headquarters on Wednesday.
Commenting on the matter once again after speaking about it at a Joint Select Committee of Parliament back in February, Agard reiterated that she was offered the service but turned it down because of the precarious financial position the company was in.
“When we had to make some very difficult and painful decisions about separating a considerable number of employees in the organisation, even in those difficult circumstances I formed the view that incurring expenses for security was not justified for me as CEO.
“I do not think that it is an expenditure that is justified, having regard to all of the circumstances of the company’s operations. In my view, it’s a wanton waste of expenditure,” Agard said.
Her predecessor, Ronald Walcott, who resigned as CEO in October 2020 after six years in the position, declined to speak on anything TSTT-related because of what he called “the arrangement” he has with the company.
However, Agard, who was axed following the 2023 cyberattack which saw over a million people’s data uploaded to the dark web, insisted that the provision of 24/7 security is a significant expense.
Furthermore, she questioned why Western requires protection, as she recalled that she was not threatened despite 468 TSTT employees being retrenched during her tenure. She suggested that the TSTT board scrap the provision if it is not required.
“I think that is a matter for the board to consider seriously. If the risk profile for the then-CEO (herself) did not justify security expenditure, I cannot envisage why an acting CEO, this is not even somebody substantively in the position, why an acting CEO will require 24/7 security.”
Western’s ascension to the post of CEO has been under controversy after claims by the opposition that he received poor reviews on his KPIs. Before his latest appointment, he was TSTT’s general manager of customer experience and marketing.
Meanwhile, Agard stated that while she led the company, TSTT underwent cost-cutting measures that were reportedly due to the impact of the COVID-19 pandemic and changes in technology which affected operations. She believes that the entire company should make sacrifices and the leader of the organisation should set an example.
TSTT’s chairman, Sean Roach, did not respond to calls or text messages on the matter. Other board members could not be contacted as it is currently incomplete. The term of office of its eight directors ended on March 14 and new instruments of appointment have not yet been given.