Criticism of Trinidad and Tobago’s state enterprise system follows fraud allegation against oil supplier

Tobago’s leader of the opposition, Kamla Persad-Bissessar, made a stunning allegation: that A&V Oil and Gas Limited, which supplies crude oil to the state energy company Petrotrin, had defrauded it of almost TT$100 million (close to US$15 million) by inflating the figures for its product.

Referencing an internal Petrotrin audit report, Persad-Bissessar also accused the suppliers of being financiers of the ruling party, the People’s National Movement (PNM).

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