Thursday, January 27, 2011

NP suspends three managers

The National Petroleum Company (NP) has suspended three managers for violating company procedures.

Minister of Energy Carolyn Seepersad-Bachan made the disclosure to reporters at the National Academy for the Performing Arts (NAPA) in Port-of-Spain during a break at the National Energy Policy Consultation.

“When I came into the Government there was a problem with the overriding of a credit policy that was being investigated, and based on the investigations by the audit department they had produced a report which went to the board of directors. The board issued a suspension, but to facilitate an investigation,” she added.

Seepersad-Bachan said she did not want to say more since there is the risk of compromising the investigation. "I do not expect this investigation to take long,” she said.

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Jai & Sero

Jai & Sero

Our family at home in Toronto 2008

Our family at home in Toronto 2008
Amit, Heather, Fuzz, Aj, Jiv, Shiva, Rampa, Sero, Jai