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PNM in Gov't (2020-2025)

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Re: Re: PNM in Gov't

Postby shake d livin wake d dead » April 29th, 2024, 7:17 am

Awaits the defenders

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Re: Re: PNM in Gov't

Postby pugboy » April 29th, 2024, 7:20 am

the onus is on impsbert to show what exactly the suddenly appearing money is
yuh can’t just call somebody and say change the figure by xyz

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Re: PNM in Gov't

Postby wing » April 29th, 2024, 7:35 am

It's all very irregular, going after an independent officeholder. Claiming revenue without documentary evidence and expecting the auditor general to rubber stamp is dangerous and illegal.

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Re: PNM in Gov't

Postby zoom rader » April 29th, 2024, 8:08 am

wing wrote:It's all very irregular, going after an independent officeholder. Claiming revenue without documentary evidence and expecting the auditor general to rubber stamp is dangerous and illegal.
It's the PNM way, but the lil abused Afro voters won't understand this.

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Re: PNM in Gov't

Postby sMASH » April 29th, 2024, 8:33 am

The_Honourable wrote:
Habit7 wrote:
The_Honourable wrote:
Basically Rowley being deceptive by saying that 1.6B profit was misinformation and political mischief. When Lee eventually clarified where the information originated, Rowley doubled down and stated (admitted) that the 1.6B profit was from Exploration & Production while the Refinery side was making a loss dragging down the company. Rowley should have just stated this in the beginning, but he knew the answer would favor those who believe Petrotrin only needed to be restructured or "rightsized" and not closed down.

But the $1.6B profit was misinformation and political mischief. The only way to conclusively determine profit or loss is from audited financial statements. So Lee claiming that "the media say..." is akin to a rumour. If Massy Stores Chaguanas made a profit, it would be wrong to say that Massy Stores T&T made a profit. In the same vein, if Petrotrin E&P made a profit that doesn't equate to Petrotrin making a profit.

And Petrotrin was rightsized by separating E&P as Heritage Petroleum, lowering the headcount while the majority of those hired were Petrotrin employees. Petrotrin R&M was separated as Refining was closed down and sold off and Marketing is now Paria Trading. The success with the profits of Heritage and Paria should silence the critics but with fake news like the above that Petrotrin made a profit in 2018, is all an effort to emotionally sway ppl who don't look at the facts.


It's not a rumor because Rowley confirmed it at the end of the video. He didn't expect Lee to give some clarity on where that number came from. Once Lee did, Rowley doubled down and begrudgingly admitted to it.

The question remains did you need to close down a whole company to create a new parent company and separate E&P, Refining, and Marketing. I believe you meant Refining to be sold off. That being said, while the government did botch petrotrin's closure and the PR surrounding it, the closing down and creation of new entities such as Heritage and Paria have pretty much been a success so far, especially Heritage which is not surprising since E&P was the profitable part. Kudos is to be given.
Hadda get a better report/actual numbers...



But....






In a news clip, they give the performance of all the new derivations of the former petrotrin.

Although e&p making a profit, the others making losses. It's not JUST the refinery alone making loses.
And the total losses outweigh the profits.


So, taken as a whole today, collectively the companies formerly known as petrotrin compared to the former company petrotrin, actually making an even greater loss.

Thus requires even more subvention from the government.
The cabinet notes will be totaling more than the the one for historical petrotrin.

That makes more sense of why Rowley dem fighting to sell the refinery, even tho the reasons for closing it was it's unprofitable

They bonx our heads by hiding for av/Rowley

Hadda get the profit and loss for all Of them.

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Re: PNM in Gov't

Postby Mmoney607 » April 29th, 2024, 9:57 am

16 cycles wrote:https://guardian.co.tt/news/auditor-general-sends-legal-letter-to-imbert-retract-blatantly-false-comments-6.2.1988458.263cbc195f

Ramdass in the pre-action protocol letter, which was obtained by Guardian Media, explained that two months after the Ministry of Finance (MoF) submitted the public accounts on January 31, 2024, she was advised that they had made a massive error whereby the ministry was now claiming that the Government’s revenue was understated by over $3 billion—to be exact $3,379,777,908.

The Auditor General indicated that the ministry wanted to amend the national accounts to reflect this higher revenue figure.

However, she said the ministry admitted that whilst it could account for some of this money, the sum of $780,499,791.27 could not be accounted for.

If she was one of them knife and fork like the CMO, she woulda do whatever pnm tell her to do

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Re: PNM in Gov't

Postby zoom rader » April 29th, 2024, 10:06 am

sMASH wrote:
The_Honourable wrote:
Habit7 wrote:
The_Honourable wrote:
Basically Rowley being deceptive by saying that 1.6B profit was misinformation and political mischief. When Lee eventually clarified where the information originated, Rowley doubled down and stated (admitted) that the 1.6B profit was from Exploration & Production while the Refinery side was making a loss dragging down the company. Rowley should have just stated this in the beginning, but he knew the answer would favor those who believe Petrotrin only needed to be restructured or "rightsized" and not closed down.

But the $1.6B profit was misinformation and political mischief. The only way to conclusively determine profit or loss is from audited financial statements. So Lee claiming that "the media say..." is akin to a rumour. If Massy Stores Chaguanas made a profit, it would be wrong to say that Massy Stores T&T made a profit. In the same vein, if Petrotrin E&P made a profit that doesn't equate to Petrotrin making a profit.

And Petrotrin was rightsized by separating E&P as Heritage Petroleum, lowering the headcount while the majority of those hired were Petrotrin employees. Petrotrin R&M was separated as Refining was closed down and sold off and Marketing is now Paria Trading. The success with the profits of Heritage and Paria should silence the critics but with fake news like the above that Petrotrin made a profit in 2018, is all an effort to emotionally sway ppl who don't look at the facts.


It's not a rumor because Rowley confirmed it at the end of the video. He didn't expect Lee to give some clarity on where that number came from. Once Lee did, Rowley doubled down and begrudgingly admitted to it.

The question remains did you need to close down a whole company to create a new parent company and separate E&P, Refining, and Marketing. I believe you meant Refining to be sold off. That being said, while the government did botch petrotrin's closure and the PR surrounding it, the closing down and creation of new entities such as Heritage and Paria have pretty much been a success so far, especially Heritage which is not surprising since E&P was the profitable part. Kudos is to be given.
Hadda get a better report/actual numbers...



But....






In a news clip, they give the performance of all the new derivations of the former petrotrin.

Although e&p making a profit, the others making losses. It's not JUST the refinery alone making loses.
And the total losses outweigh the profits.


So, taken as a whole today, collectively the companies formerly known as petrotrin compared to the former company petrotrin, actually making an even greater loss.

Thus requires even more subvention from the government.
The cabinet notes will be totaling more than the the one for historical petrotrin.

That makes more sense of why Rowley dem fighting to sell the refinery, even tho the reasons for closing it was it's unprofitable

They bonx our heads by hiding for av/Rowley

Hadda get the profit and loss for all Of them.
Stupid country, Stupid people

PNM Victory 2025

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Re: PNM in Gov't

Postby zoom rader » April 29th, 2024, 10:07 am

Mmoney607 wrote:
16 cycles wrote:https://guardian.co.tt/news/auditor-general-sends-legal-letter-to-imbert-retract-blatantly-false-comments-6.2.1988458.263cbc195f

Ramdass in the pre-action protocol letter, which was obtained by Guardian Media, explained that two months after the Ministry of Finance (MoF) submitted the public accounts on January 31, 2024, she was advised that they had made a massive error whereby the ministry was now claiming that the Government’s revenue was understated by over $3 billion—to be exact $3,379,777,908.

The Auditor General indicated that the ministry wanted to amend the national accounts to reflect this higher revenue figure.

However, she said the ministry admitted that whilst it could account for some of this money, the sum of $780,499,791.27 could not be accounted for.

If she was one of them knife and fork like the CMO, she woulda do whatever pnm tell her to do
Auditor General must be a UNC with a name like Ramdass

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Re: PNM in Gov't

Postby Habit7 » April 29th, 2024, 10:22 am

sMASH wrote:
The_Honourable wrote:
Habit7 wrote:
The_Honourable wrote:
Basically Rowley being deceptive by saying that 1.6B profit was misinformation and political mischief. When Lee eventually clarified where the information originated, Rowley doubled down and stated (admitted) that the 1.6B profit was from Exploration & Production while the Refinery side was making a loss dragging down the company. Rowley should have just stated this in the beginning, but he knew the answer would favor those who believe Petrotrin only needed to be restructured or "rightsized" and not closed down.

But the $1.6B profit was misinformation and political mischief. The only way to conclusively determine profit or loss is from audited financial statements. So Lee claiming that "the media say..." is akin to a rumour. If Massy Stores Chaguanas made a profit, it would be wrong to say that Massy Stores T&T made a profit. In the same vein, if Petrotrin E&P made a profit that doesn't equate to Petrotrin making a profit.

And Petrotrin was rightsized by separating E&P as Heritage Petroleum, lowering the headcount while the majority of those hired were Petrotrin employees. Petrotrin R&M was separated as Refining was closed down and sold off and Marketing is now Paria Trading. The success with the profits of Heritage and Paria should silence the critics but with fake news like the above that Petrotrin made a profit in 2018, is all an effort to emotionally sway ppl who don't look at the facts.


It's not a rumor because Rowley confirmed it at the end of the video. He didn't expect Lee to give some clarity on where that number came from. Once Lee did, Rowley doubled down and begrudgingly admitted to it.

The question remains did you need to close down a whole company to create a new parent company and separate E&P, Refining, and Marketing. I believe you meant Refining to be sold off. That being said, while the government did botch petrotrin's closure and the PR surrounding it, the closing down and creation of new entities such as Heritage and Paria have pretty much been a success so far, especially Heritage which is not surprising since E&P was the profitable part. Kudos is to be given.
Hadda get a better report/actual numbers...



But....






In a news clip, they give the performance of all the new derivations of the former petrotrin.

Although e&p making a profit, the others making losses. It's not JUST the refinery alone making loses.
And the total losses outweigh the profits.


So, taken as a whole today, collectively the companies formerly known as petrotrin compared to the former company petrotrin, actually making an even greater loss.

Thus requires even more subvention from the government.
The cabinet notes will be totaling more than the the one for historical petrotrin.


That makes more sense of why Rowley dem fighting to sell the refinery, even tho the reasons for closing it was it's unprofitable

They bonx our heads by hiding for av/Rowley

Hadda get the profit and loss for all Of them.

Can you corroborate any of that with anything other than the voices inside your head?

Trinidad Petroleum Holdings Ltd audited financial statements
Min of Finance Expenditure Reports
Periodicals
Anything?

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Re: PNM in Gov't

Postby wing » April 29th, 2024, 10:26 am

Mmoney607 wrote:
16 cycles wrote:https://guardian.co.tt/news/auditor-general-sends-legal-letter-to-imbert-retract-blatantly-false-comments-6.2.1988458.263cbc195f

Ramdass in the pre-action protocol letter, which was obtained by Guardian Media, explained that two months after the Ministry of Finance (MoF) submitted the public accounts on January 31, 2024, she was advised that they had made a massive error whereby the ministry was now claiming that the Government’s revenue was understated by over $3 billion—to be exact $3,379,777,908.

The Auditor General indicated that the ministry wanted to amend the national accounts to reflect this higher revenue figure.

However, she said the ministry admitted that whilst it could account for some of this money, the sum of $780,499,791.27 could not be accounted for.

If she was one of them knife and fork like the CMO, she woulda do whatever pnm tell her to do
I didn't know the CMO was a gynecologist, Mrs no money like she really enjoyed those examinations.

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Re: PNM in Gov't

Postby Habit7 » April 29th, 2024, 10:29 am

zoom rader wrote:Auditor General must be a UNC with a name like Ramdass

Well Shelly Dass-Manning might disagree with you.

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Re: PNM in Gov't

Postby wing » April 29th, 2024, 10:34 am

Habit7 wrote:
zoom rader wrote:Auditor General must be a UNC with a name like Ramdass

Well Shelly Dass-Manning might disagree with you.
Kangaloo appoint her, so.... double agent?

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Re: PNM in Gov't

Postby Mmoney607 » April 29th, 2024, 10:54 am

Habit7 wrote:
zoom rader wrote:Auditor General must be a UNC with a name like Ramdass

Well Shelly Dass-Manning might disagree with you.

Comment on the issue nah

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Re: PNM in Gov't

Postby Mmoney607 » April 29th, 2024, 10:55 am

wing wrote:
Habit7 wrote:
zoom rader wrote:Auditor General must be a UNC with a name like Ramdass

Well Shelly Dass-Manning might disagree with you.
Kangaloo appoint her, so.... double agent?

Stick to the topic

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Re: PNM in Gov't

Postby wing » April 29th, 2024, 11:18 am

wing wrote:
Mmoney607 wrote:
16 cycles wrote:https://guardian.co.tt/news/auditor-general-sends-legal-letter-to-imbert-retract-blatantly-false-comments-6.2.1988458.263cbc195f

Ramdass in the pre-action protocol letter, which was obtained by Guardian Media, explained that two months after the Ministry of Finance (MoF) submitted the public accounts on January 31, 2024, she was advised that they had made a massive error whereby the ministry was now claiming that the Government’s revenue was understated by over $3 billion—to be exact $3,379,777,908.

The Auditor General indicated that the ministry wanted to amend the national accounts to reflect this higher revenue figure.

However, she said the ministry admitted that whilst it could account for some of this money, the sum of $780,499,791.27 could not be accounted for.

If she was one of them knife and fork like the CMO, she woulda do whatever pnm tell her to do
I didn't know the CMO was a gynecologist, Mrs no money like she really enjoyed those examinations.
Stick to the topic

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Re: Re: PNM in Gov't

Postby Habit7 » April 29th, 2024, 11:21 am

Isn’t the topic PNM? I believe I am sticking to it. Should I start discussing the flexibility of the wing on a Boeing 787 Dreamliner?

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Re: PNM in Gov't

Postby Mmoney607 » April 29th, 2024, 12:20 pm

Habit7 wrote:Isn’t the topic PNM? I believe I am sticking to it. Should I start discussing the flexibility of the wing on a Boeing 787 Dreamliner?
wing wrote:It's all very irregular, going after an independent officeholder. Claiming revenue without documentary evidence and expecting the auditor general to rubber stamp is dangerous and illegal.

This is the issue being discussed, summed up nicely

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Re: Re: PNM in Gov't

Postby Habit7 » April 29th, 2024, 12:55 pm

But I am responding to ZR though.

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Re: PNM in Gov't

Postby shake d livin wake d dead » April 29th, 2024, 1:23 pm

Mmoney607 wrote:
Habit7 wrote:
zoom rader wrote:Auditor General must be a UNC with a name like Ramdass

Well Shelly Dass-Manning might disagree with you.

Comment on the issue nah


He waiting for his bosses to make a bogus defense before putting his own spin on it

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Re: Re: PNM in Gov't

Postby Habit7 » April 29th, 2024, 1:34 pm

Men ridiculing having hearing both sides and shaping an informed opinion now?

I guess that is why so many of them does talk so much nonsense with 0 facts and become emotional when you share with them objective truth.

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Re: PNM in Gov't

Postby sMASH » April 29th, 2024, 1:58 pm

Imburt will come and say headline inflation and she talking bout core inflation.
He trying to sell the story using metrics that nice, when reality is that is poor.


Remeber how patriotic had the best bid before the election and pnm is the onllllly party coudl give Them a refinery to run, but up to now they home scratching...
Yeah...


Remeber how opposition don't want to pass anti gang legislation cause they want crime to continue, and as it pass alwaris say is not a silver bullet don't expect it to work immediately, but and we expecting double day digits now..




Pnm is a comfort to a fool

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Re: PNM in Gov't

Postby Mmoney607 » April 29th, 2024, 2:35 pm

wing wrote:
wing wrote:
Mmoney607 wrote:
16 cycles wrote:https://guardian.co.tt/news/auditor-general-sends-legal-letter-to-imbert-retract-blatantly-false-comments-6.2.1988458.263cbc195f

Ramdass in the pre-action protocol letter, which was obtained by Guardian Media, explained that two months after the Ministry of Finance (MoF) submitted the public accounts on January 31, 2024, she was advised that they had made a massive error whereby the ministry was now claiming that the Government’s revenue was understated by over $3 billion—to be exact $3,379,777,908.

The Auditor General indicated that the ministry wanted to amend the national accounts to reflect this higher revenue figure.

However, she said the ministry admitted that whilst it could account for some of this money, the sum of $780,499,791.27 could not be accounted for.

If she was one of them knife and fork like the CMO, she woulda do whatever pnm tell her to do
I didn't know the CMO was a gynecologist, Mrs no money like she really enjoyed those examinations.
Stick to the topic

It's to show how people who supposed to be independent and follow process does get chupid when pnm in power.

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Re: Re: PNM in Gov't

Postby Habit7 » April 29th, 2024, 2:51 pm

Sure buddy:
Independent Senator who became UNC Senator Mary King
Justice who became UNC MP Hubert Volney
Governor of the CBTT who became Temp UNC Senator Jwalla Rambarran

You know how them “independent” ppl does get chupid when pnm in power.

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Re: Re: PNM in Gov't

Postby Mmoney607 » April 29th, 2024, 2:55 pm

Habit7 wrote:Sure buddy:
Independent Senator who became UNC Senator Mary King
Justice who became UNC MP Hubert Volney
Governor of the CBTT who became Temp UNC Senator Jwalla Rambarran

You know how them “independent” ppl does get chupid when pnm in power.

Nothing illegal there. And actually the govt have to pay jwala a set of money, looks like they same thing could happen with Ms. Ramdass

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Re: Re: PNM in Gov't

Postby shake d livin wake d dead » April 29th, 2024, 5:21 pm

Habit7 wrote:Men ridiculing having hearing both sides and shaping an informed opinion now?

I guess that is why so many of them does talk so much nonsense with 0 facts and become emotional when you share with them objective truth.


Hook, line and sinker

So predictable! Would dare not comment on this issue as you don't know how to mount a defense here...carry on kindly....make sure to water the balisier in the morning

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Re: Re: PNM in Gov't

Postby Habit7 » April 29th, 2024, 7:52 pm

Yes you got me. Because in your small mind you only heard one side and are unaware that there have been responses.

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Re: PNM in Gov't

Postby sMASH » April 29th, 2024, 8:09 pm

One hid behind parliamentary privilege and the other side retract or ill have to provide documents in court.

One is a politician known for blatant lies, and the other is a financial professional whose reputation is their bread and butter

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Re: PNM in Gov't

Postby wing » April 30th, 2024, 8:14 am

zoom rader wrote:
Mmoney607 wrote:
16 cycles wrote:https://guardian.co.tt/news/auditor-general-sends-legal-letter-to-imbert-retract-blatantly-false-comments-6.2.1988458.263cbc195f

Ramdass in the pre-action protocol letter, which was obtained by Guardian Media, explained that two months after the Ministry of Finance (MoF) submitted the public accounts on January 31, 2024, she was advised that they had made a massive error whereby the ministry was now claiming that the Government’s revenue was understated by over $3 billion—to be exact $3,379,777,908.

The Auditor General indicated that the ministry wanted to amend the national accounts to reflect this higher revenue figure.

However, she said the ministry admitted that whilst it could account for some of this money, the sum of $780,499,791.27 could not be accounted for.

If she was one of them knife and fork like the CMO, she woulda do whatever pnm tell her to do
Auditor General must be a UNC with a name like Ramdass
Looking more like ZR is correct. She gone by the former UNC attorney general who has the present UNC senator as one of his lawyers. All we need now is for Seepersad to preside over the inevitable lawsuit.

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Re: PNM in Gov't

Postby Mmoney607 » April 30th, 2024, 10:04 am

sMASH wrote:One hid behind parliamentary privilege and the other side retract or ill have to provide documents in court.

One is a politician known for blatant lies, and the other is a financial professional whose reputation is their bread and butter

And also the lying, forgetful attorney general

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Re: PNM in Gov't

Postby wing » May 1st, 2024, 1:58 pm

wing wrote:
zoom rader wrote:
Mmoney607 wrote:
16 cycles wrote:https://guardian.co.tt/news/auditor-general-sends-legal-letter-to-imbert-retract-blatantly-false-comments-6.2.1988458.263cbc195f

Ramdass in the pre-action protocol letter, which was obtained by Guardian Media, explained that two months after the Ministry of Finance (MoF) submitted the public accounts on January 31, 2024, she was advised that they had made a massive error whereby the ministry was now claiming that the Government’s revenue was understated by over $3 billion—to be exact $3,379,777,908.

The Auditor General indicated that the ministry wanted to amend the national accounts to reflect this higher revenue figure.

However, she said the ministry admitted that whilst it could account for some of this money, the sum of $780,499,791.27 could not be accounted for.

If she was one of them knife and fork like the CMO, she woulda do whatever pnm tell her to do
Auditor General must be a UNC with a name like Ramdass
Looking more like ZR is correct. She gone by the former UNC attorney general who has the present UNC senator as one of his lawyers. All we need now is for Seepersad to preside over the inevitable lawsuit.
Inevitable.
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