Senior Reporter
kay-marie.fletcher
@guardian.co.tt
The National Petroleum Marketing Company Limited (NP) is shutting down allegations against the company by both the Oilfield Workers Trade Union (OWTU) and the Trinidad and Tobago Petroleum Dealers Association (PDA).
In a release yesterday, NP sought to refute multiple claims surrounding the sudden exit of the chief executive officer (CEO), fuel distribution to service stations, as well as its audited financial statements.
Last Friday, NP’s former CEO Derek Luk Pat resigned after only one year. Guardian Media understands he resigned due to personal reasons. He has now been replaced by NP’s general manager of Aviation and Marine Fuels Chester Beeput as interim CEO.
However, PDA president Robin Naraynsingh claimed he may have been forced to leave due to the level of corruption existing within the company. But NP fired back yesterday, saying those allegations are “completely unfounded and without any factual basis.”
The PDA also accused NP of having a “culture of wastage” and said it did not care if communities received fuel. NP denied this as well.
“NP wishes to state that these comments are unfounded and vehemently denies the statements allegedly made by Mr Robin Naraynsingh, president of the PDA. NP wishes to recognise the diligence and dedication of its employees who ensure on a daily basis that service stations receive fuel when needed to provide fuel to the relevant catchment areas and communities where each respective station is located.
“There is a robust framework that guides prudence and efficiency in NP’s operations, which is executed by the board, management, and staff in the performance of their respective roles.”
NP also responded to complaints about its financials not being published.
“The audited financial statements for the financial year ended March 2022 have been completed and are in the process of being presented to the shareholder for approval at its upcoming AGM. The audit for the year ended 2023 March is currently in progress.”
Meanwhile, NP workers have once again decided to take their frustrations outside of the company. The union, OWTU, said workers are expected to protest in front of NP’s headquarters at Sea Lots Complex from noon today. Their grievances are with NP chairman Sahid Hosein, the spur-of-the-moment resignation of Luk Pat, and allegations made by the PDA.