CEPEP is under fire

THE EDITOR: CEPEP is under fire from people who see things only from a political perspective. This almost begs the statement “It takes one to know one!” The MLIO has used some choice words against the anti-CEPEP advocates and that must not be allowed to be lost in the rubble. One must think of the transfer of $73 million in stock from the TTEC Pension Fund in a commercial bank to a subsidiary of a conglomerate even before November 8, 1995! That showed the weakness of the laws that govern the Stock Exchange who can forget the auctioning of the residence of the Chief Justice?

Michael de La Bastide was the holder of that high office! In each case, taxpayers’ money is being used to benefit the parasitic oligarchy which was not content with economic power! It has influenced 1) Telecommunication Bill and 2) the Land Tenure Bill each of which was passed in 2001 in the non-presence of the PNM while that party was in the Opposition! With the acquisition of Angostura Distillers Ltd, lands near mangroves are being cleared without the approval of Town and Country Planning Division! Mr Ramesh Lawrence Maharaj is mum on these actions in his quest to inherit the rising sun but the Fishermen and Friends of the Sea and other nationals as well as community groups are fighting against those who are bent on weakening the hand of the poor.

JEFFREY M JOSEPH
Fyzabad