NEWS
Take social media claims with ‘pinch of salt’
The husband of kidnap victim Natalie Pollonais has spoken out on an audio file circulating on social media by a woman who purports to be telling the story of Natalie’s kidnapping. Jason Pollonais said the public should be careful of believing everything they hear or read on social media as much of the story told in the audio file is wildly exaggerated. Natalie Pollonais, 47, was kidnapped on September 6 while on her way to a friend’s Palmiste home by two men in police uniform. A ransom demand was made, but after Natalie’s rescue on Monday night, Police Commissioner Gary Griffith said no ransom was paid. Read more here
Cops detain 4th suspect in Pollonais kidnapping
Police have detained a fourth suspect in connection with the kidnapping of Natalie Pollonais. Speaking at the weekly police press briefing at the Police Administration Building in Port-of-Spain this morning, public information officer ASP Michael Jackman revealed that investigators arrested a civilian in South Trinidad. The suspect now joins a businessman and two police officers who were arrested following the T&T Police Service's rescue of Pollonais on Monday night. Pollonais, 49, of Palmiste, is the wife of Jason Pollonais, a director of the South Oropouche-based Inland and Offshore Contractors Ltd (IOCL) Last Thursday she disappeared after visiting the Central Athletic Club gym and some stores at C3 Centre, San Fernando. Read more here
It was a normal day
What began as a “perfectly normal day” for kidnap victim Natalie Pollonais turned out to be the beginning of a four-day nightmare of being held against her will. Read more here
POLITICS
Agri Minister wants flood grant audit
Minister of Agriculture, Land and Fisheries Clarence Rhambarat has formally written to the Ministry of Finance requesting an audit into the payment of flood assistance grants to farmers in excess of $75,000 in order to provide clarity and transparency behind the process, according to a release issued by the ministry this morning. Rhambarat made the remarks last Tuesday at the ministry's corporate headquarters in Chaguanas and said while he was not directly responsible for the processing and payment of claims relating to the damage of crops, he was curious about the inner workings of the system of how claims are processed and made available to farmers. Read more here
UNC head slammed by neutrals, lauded by party
“A new low!” That’s how Downtown Owners and Merchants Association president Gregory Aboud describes the Oreo comment made by Opposition Leader Kamla Persad-Bissessar in reference to Prime Minister Dr Keith Rowley yesterday, as criticisms against the comment which has been dubbed “racist” continued to grow. But the Opposition United National Congress is defending Persad-Bissessar, saying her statements had absolutely nothing to do with race. One Opposition MP meanwhile told the T&T Guardian he is “proud” of the UNC leader. Aboud told the T&T Guardian the statement signalled “a communication of weakness” on the part of the Opposition leader. Read more here
Kamla: No racism in ‘Oreo’ statement
Several calls have been made for Opposition Leader Kamla Persad-Bissessar to apologise for her description of Prime Minister Dr Keith Rowley as an “Oreo” but she has maintained it was not racist. Read more here
BUSINESS
China Harbour’s ties that bind
Last Friday, Prime Minister Dr Keith Rowley boasted that a new dry-docking facility in La Brea, a joint venture between TT and China, will create 5,000 jobs and add seven per cent to the local economy. Beyond that, Rowley was vague. The MoU was signed between the National Infrastructure Development Corporation (NIDCO) and the China Harbour Engineering Company (CHEC), an important part of diversifying the TT economy and hopefully, offset the fallout from the closure of the Petrotrin refinery. Read more here
Financial lessons from Petrotrin’s demise
Many were in tears, some were walking out with cardboard boxes full with their personal belongings. Others were exchanging personal contacts and some knew that they would be seeing each other for the last time. Everyone was in shock, dazed and confused. No, it’s not Petrotrin. That was a scene 10 years ago almost to the day. On September 15, 2008, the financial firm Lehman Brothers filed for what is still the largest ever bankruptcy in the US. The collapse of Lehman came during a month of intense crisis that saw firms like Bear Sterns and Washington Mutual subsumed by other financial entities. Read more here
Cinema set for IPO
CinemaOne, the parent company of the Digicel IMAX movie theatre, will become the first small and medium-sized enterprise (SME) to be listed on the Trinidad and Tobago Stock Exchange’s SME Market, since its establishment in 2012. Read more here
REGIONAL
Messy Affair - PAAC Chair Says NESoL Mix-Up Clear As Mud!
As Parliament's Public Administration and Appropriations Committee (PAAC) continues its probe of the operations of the Ministry of Science, Technology and Energy, technocrats struggled to provide details about the $60-million verbal contract issued to Peak Energy Solutions, whose sole shareholder was Constantine Gordon, the former general manager of Nationwide News Network (NNN). Gordon resigned amid the deepening scandal at the ministry, where representatives were again called before the PAAC to answer questions about corruption, nepotism, and cronyism at the ministry, which has seen the removal of Andrew Wheatley, the former minister. Several heads of public bodies under the ministry have also been removed and boards dissolved. Read more here
INTERNATIONAL
Hurricane Florence will slash the Carolinas today in the opening act of a 3-day, coastal disaster
Hurricane Florence's wrath begins today. The Carolina coasts can expect winds topping 80 mph late Thursday afternoon. And that's just the prelude to untold days of misery. Don't be fooled by the fact that Florence has weakened slightly to a Category 2 hurricane; categories only denote the speed of sustained winds. What makes this hurricane extremely dangerous are the deadly storm surges, mammoth coastal flooding and historic rainfall expected far inland. Read more here
Skripal suspects: 'We were just tourists in Salisbury'
13th September 2018