The PNM’s Tobago Council has been accused once again of attempting to mislead Tobagonians.
On Monday, the Tobago Council held a news conference announcing that the THA would have $1.78 billion come 2022.
Chief Secretary of the Tobago House of Assembly (THA) Farley Augustine said these statements by the PNM are an attempt to cover up the fact that $163 million was spent by the ousted PNM controlled THA in a few months.
Augustine said, “That’s a classic example of playing smart with stupidness. I spoke of three things at the press conference last week. Number one was unspent balances and at this point, it’s just over $50 million. Number two, the $163 million bond financing was all spent out in under six months the majority of payments occurred between August and September and number three our Consolidated Fund which is the equivalent to the Heritage and Stabilisation Fund only have a little over $300,000 in it, those are the material facts. I will release later actual details of our accounts comparing several periods.”
He added: “What they are saying is we spend out all the savings of the THA but we will get some money coming in. That’s not the point I am making. The monies are being allocated from the national budget. Those come quarterly, those are allocated in the majority for recurrent expenditure so people would get their salaries but what about the development side of things and we need to augment that with our savings.”
Augustine said savings cannot be spent and then later declared that it’s not a problem because funds will come from the Central Government.
He said an audit on the THA accounts would be taking place but he was not willing to disclose more on this process.
Speaking on the re-opening of beaches, Augustine said Tobagonians are elated.
He said, “I see the Prime Minister jumped ahead of us and did it so I am happy that we did not have to fight over it but that was a fight we were prepared to take to the central government in opening the beaches for Tobago. We can’t have any form of tourism products without the beaches being open so several groups of businesses will now benefit from that new policy.”
Augustine said issues such as the opening of beaches are dictated by the Government in Trinidad.
He said all of this can be resolved if Tobago has its federal type government similar to what operated in several Commonwealth countries.
Augustine said this matter would be raised in his next meeting with the Prime Minister.
“We understand that he might be very busy, his head hot right now, my first formal sit down with anybody in the Central Government will happen tomorrow (today) and that will be with the Ministry of Finance.”