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Bezman wrote:ya'll in for a real shock if you think $200,000 is allot for a monthly salary
there are QUITE a few bank execs, manufacturing CEO's and Real Estate titans that make WAAAAAAYYYY more than that
i presonally know someone only a few years older than me who makes close to $200,000 a month..
the "hart of the matter" is his connection to manning and how they are sharing the 'extra' money
that 200,000 is what he was willing for the ppl to see on file, imagine whats off record
ismedave wrote:Yesterday evening I sat down to eat and switched on the tv...it was on channel 4 and Manning was on. That man relll dohtish in truth yes! If is one ting I must give him credit for is that de bugga could rellll talk his way out of anything. And Barry Sinanan like another one of his puppets just couldn't care less. Manning start to rant and wave about Udecott defending Hart and quoting from documented public statements written by Udecott emphasizing on it as being truth. He then lashed out at the opposition as well as Rowley accusing them of politically instigating and fabricating stories in order to get rid of him as prime minister. He said that his government is dedicated to serving the people and that is why they are still standing. He rellll emphasized on his gov't being a people's gov't. I sat there listening to that statement thinking...What about the smelter? Is that democracy? What about the Commission of Enquiry?? Is that democracy? What about not prioritizing on reducing crime? Is that democracy? Manning is a straight out dictator and he is the puppet master controlling the entire PNM as well as the Judicial System in T&T, so he sets up everything to work for him. That is why no-one cannot go against him, because he is a manipulator. Manning is one big HYPOCRITE! As he stood there holding the bible in his hands and quoting the definition of Love to Rowley accusing him of being an 'out of control' man. And the rest of his puppets just sat there behind their benches hitting the table not even understanding the definitions of any fancy words he used. What gets to me is while all of them sit in parliment and mock each other, the citizens of T&T out here fighting for their survival everyday. Innocent people are being murdered, kidnapped and trafficked, robbed, raped etc and all they do is study themselves at our expense.
X2 wrote:Oh gorm.... ppl really stupid yes.
Lets just say the man is not involved in any corruption or any of the things insinuated.... $200k TT to do that job is merely adequate.
noobie wrote:X2 wrote:Oh gorm.... ppl really stupid yes.
Lets just say the man is not involved in any corruption or any of the things insinuated.... $200k TT to do that job is merely adequate.
Uhhh....You have any actual explanations for any of the accusations that have been made? Or you just 'know' they not true?
noobie wrote:Because if you just 'know' they not true, then I think you full of sh**.
How did CH Development's Company Stamp end up with his fax number?
X2 wrote:noobie wrote:
Uhhh... u illiterate or just can't read ?
The reference was dealing directly with his salary... all accusations aside, it's certainly not high for the responsibility of the position.... but clueless people watch on TV will likely make the salary the key issue.
I already said in the thread that the salary is not hte key issue. So I agree with that.You'd be surprised how many ppl know all of this bobol without watching the special.
You said earlier:Lets just say the man is not involved in any corruption or any of the things insinuated
X2 wrote:noobie wrote:X2 wrote:Oh gorm.... ppl really stupid yes.
Lets just say the man is not involved in any corruption or any of the things insinuated.... $200k TT to do that job is merely adequate.
Uhhh....You have any actual explanations for any of the accusations that have been made? Or you just 'know' they not true?
Uhhh... u illiterate or just can't read ?
The reference was dealing directly with his salary... all accusations aside, it's certainly not high for the responsibility of the position.... but clueless people watch on TV will likely make the salary the key issue.noobie wrote:Because if you just 'know' they not true, then I think you full of sh**.
How did CH Development's Company Stamp end up with his fax number?
See a newscast and know it all eh ?
You'd be surprised how many ppl know all of this bobol without watching the special.
Meanwhile... local business taking the direct hit in loss of income from the dabacle. Anyone see imbert in parliment bashing local construction firms.... how they are a cartel and can't finish nothing on time. Now because of this slander, foreign companies must be ushered in for all to suffer ?
ismedave wrote:Yesterday evening I sat down to eat and switched on the tv...it was on channel 4 and Manning was on. That man relll dohtish in truth yes! If is one ting I must give him credit for is that de bugga could rellll talk his way out of anything.
Trinidad Express wrote:
GITA'S BIG BONUS
Former CL Financial corporate secretary claiming more than US$5m in benefits...
Camini Marajh Investigative Desk
Sunday, May 3rd 2009
'I'M ENTITLED TO IT': Gita Sakal
GITA SAKAL, who called it a day on April 30 after 15 years as CL Financial's general counsel and corporate secretary is claiming termination benefits in excess of US$5 million from the cash-starved conglomerate, now controlled in large part by the Government.
The Sunday Express understands that Sakal, who received a monthly salary of US$45,000 and a fixed annual bonus of US$2 million handed in her resignation letter on April 21, which advised that Thursday would be her last working day at 41-43 St Vincent Street, Port of Spain.
Sources say the separation was less than amicable. Group Executive Chairman, Lawrence Duprey, in a rare departure from standing practice is reported to have asked Sakal to hand over all of the company-owned assets in her possession, including a black BMW car, laptop and cellphone.
It is not immediately clear what led to the strained relations between the two but insiders say that she made some waves after demanding that the company meet its contractual obligations and pay out the US$2 million bonus owed to her for last year.
Sakal's demand was made at a time when CLICO, CL's cash cow, was under increasingly difficult pressure to meet policy-holders demands for their money and short weeks before Duprey went knocking on the doors of the Central Bank for a State bail-out, according to company sources.
When the Sunday Express first spoke to Sakal earlier this year about the US$2 million bonus, her response was: "That's news to me." Citing attorney-employer confidentiality, she said: "I hardly get involved in financial matters." She said then that "confidentiality is a big issue and I would really like to keep that so".
Did she get a US$2 million bonus? According to her: "I don't know...I wish...I could be riding out in the sunset now." Was a US$2 million bonus paid out in early January? "I am not going to answer that," she said then.
On Wednesday, Sakal said she was not authorised to speak to the press. Asked to comment on reports about her demands for termination benefits, she said: "I have a contract and I have always been paid in accordance with the terms of my contract. It's not a demand. It's not like I want something that I am not entitled to."
Asked if she thought it was morally correct given the company's dire finances and billion dollar taxpayer bailout, Sakal responded: "Do you think it is morally correct for the Government to have a lien on our hard-earned monies invested in the company?" She said the Central Bank has put a freeze on all of the assets-- deposits, annuities etc of senior executives and all family parties related to them.
"So they have a lien on all our monies and we cannot get it until Section 44 is dissolved so do you think that is correct? It's not like we stole the money...so it's one against the other."
And while she has not answered questions related to her compensation package, documents seen by this reporter indicate that whatever the circumstances, CL Financial has a legal obligation to pay Sakal a fixed annual bonus of US$2 million a year.
Clause 5.1 of the December 2007 four-year contract states in part: "The consultant shall be entitled to an annual bonus of US$2 million fixed for each year of the term of this agreement. Ths bonus is in consideration for contribution to the company and its associated companies" and "this is a fair and reasonable sum."
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