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Habit7 wrote:alfa wrote:So you know there was corruption in the airport but none in the av scandal. But then again you quoted an article that said flooding in necessary and beneficial so that alone tells me your moral compass is demagnetized.I could give you all the inside details of the av fiasco but you don't listen to reports from the ground, just what your Lord and savior Dr kcr tells you
If you interpret what a senior lecturer in engineering has to say flooding, as badly as you do "reports from the ground" then you are doing us a favour by keeping silent.
sam1978 wrote:We don’t have a he money to pay this, property tax needs to come on stream immediately.
sam1978 wrote:So is it the principal in escrow or all the other sums mentioned including interest and legal fees?
sam1978 wrote:Habitseven, you get invite to the big lime in Penal this weekend?
A&V: We saved you, the taxpayers, money
By Joel Julien -September 24, 2021
“A&V Oil and Gas Limited saved you the taxpayers of this country from having to fork out millions of dollars by agreeing to settle our legal dispute with Petrotrin,” said its chief executive officer Hanif Baksh.
Baksh made the statement in a release issued yesterday in response to Trinidad Petroleum Holdings Ltd (TPHL) going against the “extremely strong views” of its own legal team and opting to pay A&V around $120 million to put their legal dispute to rest.
As part of the settlement, A&V was also granted a new ten-year Enhanced Production Services Contract (EPSC) with Heritage Petroleum.
“A&V was pleased, however, in the efforts made to amicably resolve the matter because A&V recognised that Petrotrin may not have been able to pay the judgement debt and costs and that the government would have had to step in to pay the damages,” Baksh said
He argued those damages could have been in the vicinity of $800 million.
Baksh said A&V believes Petrotrin should make representations for the government to disclose the entire judgement in the case to the public and lay it in the Parliament.
“I wish to tell the country that A&V intends to put all of the disputes behind it and go forward to explore and extract the maximum amount of oil from the Catshill Field so that not only A&V would benefit, but that the production of oil by A&V would contribute to the national economy,” he stated.
The issue surrounding A&V began just over four years ago, when Opposition Leader Kamla Persad-Bissessar raised the issue of “fake oil” involving Prime Minister Dr Keith Rowley’s self-proclaimed friend Baksh.
According to Baksh the recent judgement showed that those statements were “inaccurate and untrue.”
“At the trial, A&V presented evidence to show that A&V produced the quantities of oil that it was paid for by Petrotrin. It presented evidence to show that the Catshill Field had the capacity to produce the quantities of oil and it presented evidence to show that A&V’s pumps had the capacity to pump the quantities of oil to Petrotrin,” Baksh stated.
On June 11, 2021, an arbitration panel headed by former president of the Caribbean Court of Justice, Sir Dennis Byron, found that Petrotrin had failed to establish that A&V Oil was engaged in seal-tampering or any other inappropriate practices in the process of the delivery of crude oil to Petrotrin during the period from April 2016 to July 2017.
The other arbitrators included Lord David Hope and former Justice of Appeal Humphrey Stollmeyer.
The panel of arbitrators found that Petrotrin did not have reasonable grounds for suspecting that AV Oil had misconducted itself or otherwise been involved in wrongful or fraudulent activity which would have normally entitled Petrotrin to terminate the IPSC Agreement under Article 29.1.
“The case between A&V and Petrotrin went through a pre-trial judicial process for approximately two years and then a trial which lasted for two weeks. Both A&V and Petrotrin had every opportunity to put before the judges all their evidence and all their submissions,” Baksh stated.
“After that process was completed, the judges reserved their decision. They deliberated for months and then decided the case in favour of A&V. They rejected the defence of Petrotrin and gave a judgement of 76 pages. That was a unanimous decision in that the three judges agreed that A&V’s claim against Petrotrin was successful and they rejected the defence of Petrotrin,” he stated.
https://www.cnc3.co.tt/av-we-saved-you- ... ers-money/
sam1978 wrote:Having the ability to do something does not mean it was done.
Why would someone have the opportunity to get hundreds of millions and settle for what they were “owed” , we talking about RLM and AV , get real.
That’s for the deal you gave Trinidad de boss.
But you can confirm what colour pantie kams wearsRedman wrote:If the foreign consultants still stand by the initial findings then Petrotrin threw the case.
At the start of this 2 foreign consultants confirmed the initial findings.
This week l read somewhere that the foreigners changed their position because the data they were given was 'bad'
I have not been able to confirm this.
Redman wrote:If the foreign consultants still stand by the initial findings then Petrotrin threw the case.
At the start of this 2 foreign consultants confirmed the initial findings.
This week l read somewhere that the foreigners changed their position because the data they were given was 'bad'
I have not been able to confirm this.
Habit7 wrote:Redman wrote:If the foreign consultants still stand by the initial findings then Petrotrin threw the case.
At the start of this 2 foreign consultants confirmed the initial findings.
This week l read somewhere that the foreigners changed their position because the data they were given was 'bad'
I have not been able to confirm this.
Hence I say the govt should lay the judgment in the parliament. Audit being done by ppl abroad and not interviewing anyone. A&V didn't want the govt to look bad and for them to look predatory so they gave TPHL a bligh.
But if SIS or the EMBD accused get the same judgement that A&V got, I don't expect them to be so merciful.
Redman wrote:Habit7 wrote:Redman wrote:If the foreign consultants still stand by the initial findings then Petrotrin threw the case.
At the start of this 2 foreign consultants confirmed the initial findings.
This week l read somewhere that the foreigners changed their position because the data they were given was 'bad'
I have not been able to confirm this.
Hence I say the govt should lay the judgment in the parliament. Audit being done by ppl abroad and not interviewing anyone. A&V didn't want the govt to look bad and for them to look predatory so they gave TPHL a bligh.
But if SIS or the EMBD accused get the same judgement that A&V got, I don't expect them to be so merciful.
Well lay the document in parliament.
Alongside the reports from the foreign consultants.
Petrotrin took a dive
sam1978 wrote:Nizam GT. I wish I had a friend like Rowrow.
De Dragon wrote:Any Tech 1 could show you how easy it is to manipulate a flow transmitter. PT seems to have folded on their own audit as well as the foreign ones they hired.
Redman and habitarse 7 are online Instrument techs broDe Dragon wrote:Redman wrote:Habit7 wrote:Redman wrote:If the foreign consultants still stand by the initial findings then Petrotrin threw the case.
At the start of this 2 foreign consultants confirmed the initial findings.
This week l read somewhere that the foreigners changed their position because the data they were given was 'bad'
I have not been able to confirm this.
Hence I say the govt should lay the judgment in the parliament. Audit being done by ppl abroad and not interviewing anyone. A&V didn't want the govt to look bad and for them to look predatory so they gave TPHL a bligh.
But if SIS or the EMBD accused get the same judgement that A&V got, I don't expect them to be so merciful.
Well lay the document in parliament.
Alongside the reports from the foreign consultants.
Petrotrin took a dive
Any Tech 1 could show you how easy it is to manipulate a flow transmitter. PT seems to have folded on their own audit as well as the foreign ones they hired.
The_Honourable wrote:De Dragon wrote:Any Tech 1 could show you how easy it is to manipulate a flow transmitter. PT seems to have folded on their own audit as well as the foreign ones they hired.
Wonder why? I guess Quamina and Nazim wanted to save the country millions
They tune Rowrow's flute and organzoom rader wrote:Redman and habitarse 7 are online Instrument techs broDe Dragon wrote:Redman wrote:Habit7 wrote:Redman wrote:If the foreign consultants still stand by the initial findings then Petrotrin threw the case.
At the start of this 2 foreign consultants confirmed the initial findings.
This week l read somewhere that the foreigners changed their position because the data they were given was 'bad'
I have not been able to confirm this.
Hence I say the govt should lay the judgment in the parliament. Audit being done by ppl abroad and not interviewing anyone. A&V didn't want the govt to look bad and for them to look predatory so they gave TPHL a bligh.
But if SIS or the EMBD accused get the same judgement that A&V got, I don't expect them to be so merciful.
Well lay the document in parliament.
Alongside the reports from the foreign consultants.
Petrotrin took a dive
Any Tech 1 could show you how easy it is to manipulate a flow transmitter. PT seems to have folded on their own audit as well as the foreign ones they hired.
Redman wrote:Since it was Ramesh who set up SIS Lalla in Panama to get away with $121M usd
And it's is Ramesh who quarterback A&V drilling absconding with Petrotrin money
I have concluded that we should hang Ramesh.
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