Central Bank Governor Dr Alvin Hilaire has been fired.
This is confirmed by a senior official within the Ministry of Finance.
There is no more information on why this was done and who will be his replacement.
Questions were sent to the Office of the President to get further details on the revocation of Dr Hilaire’s appointment and Guardian Media is awaiting a response.
Two weeks ago, Prime Minister Kamla Persad-Bissessar said that Dr Hilaire was refusing to divulge information on the top users of foreign exchange in this country.
Dr Alvin Hilaire was appointed Governor and Chairman of the Board of the Central Bank of Trinidad and Tobago (CBTT) in December 2015.