Minister of Public Utilities Barry Padarath is clarifying details about the recently concluded Tobago retreat organised by the Board of the Telecommunications Services of Trinidad and Tobago (TSTT), noting that the expenditure was much lower than initially reported.
Responding to questions by members of the media following reports that the retreat cost approximately $500,000, he said he had no prior knowledge.
“I chose not to speak until I saw the invoices for myself because I asked to see the invoices myself. This retreat matter was not discussed with me prior to the board going on to the retreat. There was no consultation with the Minister so I was not aware that they were going on a retreat.”
Minister Padarath, however, explained that after reviewing the invoices, it was revealed that the cost of the retreat was not $500,000 as initially reported in the media.
“However, subsequent to that, when the matter was brought to my attention, I asked to see the invoices. The invoices is in the sum of $165,000 VAT exclusive.”
Minister Padarath insisted that there should be wise financial management at State agencies.
“Whether it is a dollar or $5 million, against the current economic background there need to be better financial prudence in terms of the activities that they choose to engage in.”
Following an internal review, TSTT said the reported amounts were inflated by approximately 60%. TSTT also clarified that the retreat was a working session focused on strategic planning, leadership alignment, meetings with the Tobago House of Assembly, and public engagements, rather than a recreational trip.
The company maintained that it remains committed to responsible financial management.