Hinds: No Cabinet approval for Massy deal

Hinds was responding to a question from Opposition Chief Whip David Lee in the House of Representatives.

In response to a follow up question from Chaguanas West MP Ganga Singh, Hinds reiterated, “The answer to the question is no.” At the post-Cabinet news conference at the Diplomatic Centre on Thursday, Finance Minister Colm Imbert said, “We are going to ask TSTT to explain to us exactly what are the implications of that decision.” He explained the information which Cabinet is seeking will determine “whether this is a governance, operational or policy matter.” Imbert said it will also clarify how this affects Government’s policy for the continuation of TSTT, especially in relation to the acquisition of a company and its associated personnel. He said once Cabinet has all the information and is able to analyse it, it will make a decision in due course.

Later in the sitting, Agriculture Minister Clarence Rambharat said it was premature to say whether a human resources audit being undertaken at Namdevco would result in job losses. Rambharat said the audit is geared towards improving efficiency.