A d v e r t i s e m e n t Banner

spacer
Newsday Logo Banner
spacer
Tuesday, October 21 2014
spacer

Latest

spacer
spacer
spacer
spacer
spacer
spacer
spacer
spacer
spacer
spacer

Entertainment

spacer
spacer
spacer
spacer

Opinion

spacer
spacer
spacer
spacer

Newsday Archives

spacer

Classifieds

Business (7)
Employment (147)
Motor (105)
Real Estate (141)
Computers (4)
Notices (5)
Personal (51)
Miscellaneous (25)
Second-hand stuff (1)
Bridal (43)
Tobago (83)
Tuition (58)

Newsletter

Every day fresh news


A d v e r t i s e m e n t


spacer
Search for:
spacer

A d v e r t i s e m e n tBanner



PNM: Monteil not treasurer in 2009

Friday, September 23 2011

ANDRE MONTEIL was not treasurer of the People’s National Movement (PNM) when the former PNM Government signed a Memorandum of Understanding (MOU) with CL Financial in January, 2009, to deal with financial troubles at Colonial Life Insurance Company (Clico) and other subsidiaries of CL Financial.

In a statement on Wednesday, PNM general secretary Ashton Ford said Monteil was replaced as party treasurer in 2008 by then Minister in the Ministry of Finance Mariano Browne.

“The PNM further states that Mr Monteil did not hold any executive position in the party at the time of the agreement between CL Financial and the government,” Ford said.

In June, former PNM chairman Conrad Enill said Monteil resigned as PNM treasurer in 2008 after he retired from public life and several state boards which he had been serving on.

On September 12, 2007, Newsday reported that Monteil quit his top posts at CL Financial and would be on leave until March 2008 when his resignation took effect.

Monteil is one of the parties of the Clico Commission of Inquiry, where it was disclosed earlier this week that Lawrence Duprey, the former executive chairman of CL Financial wanted Monteil to negotiate a bailout agreement with the State because of his “political connections”.

spacer
Click here to send your comments on this article to Newsday's Ch@tRoom
spacer
    Print print
spacer
spacer

Top stories

 • PRESIDENT SIGNS EBOLA ORDER
 • Police, Stars progress to First Citizens semis
 • Karim: Juniper Platform a Legacy Project
 • Snakes’ right to live
 • NIDCO to submit report to JCC
 • Small reform — Big Benefits

Pictures & Galleries


spacer
spacer
spacer

The Ch@t Room

Have something to say ?
Click here to tell us right now!

RSS

rss feed

Crisis Hotline

Have a problem ?
Help is just phone call away.

spacer
Copyright © Daily News Limited | About us | Privacy | Contact
spacer

IPS Software by Agile Telecom Ltd


Creation time: 0.730 sek.