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  • 1 year ago
Finance Minister Davendranath Tancoo, Planning and Economic Affairs Minister Kennedy Swaratsingh, and Trade Minister Satyakama Maharaj have been mandated by Prime Minister Kamla Persad-Bissessar to look into, and report to her, on the issue concerning foreign exchange.


According to Persad-Bissessar this surrounds not only distribution, but also leakage over the past decade.
Transcript
00:00So one is the distribution, but there's also the leakage.
00:04And this is a serious matter, again, one of the cries we heard in the country was about
00:09the issue of forex.
00:10So we need to know where the forex went, to whom it went, to why it went, how it went,
00:15and how it was deployed, how it was used.
00:17Those reports will come to us and we will share them with you.
00:21Then this report, as I said, will be public to identify the main users, the main facilitators
00:29of this unfair distribution, and explain to the public how this entire forex distribution
00:35cartel and conspiracy between certain operatives and businesses were functioning.
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