News

Feb 04, 2013

PORT OF SPAIN, Trinidad, CMC – The coalition People’s Partnership government has filed a suit against former Miss Universe, Wendy Fitzwilliam alleging that she failed to properly advise the directors of a state-owned company on whether to enter into a TT$30 million (One TT dollar = US$0.16 cents) investment in 2005 with the China-based Bamboo Network Ltd (BNL). The Sunday Express reported that Attorney General Anand Ramlogan, who has already initiated legal action against the board of directors of the Evolving Technologies and Enterprise Development Company Ltd (e TecK) has now joined Fitzwilliam, an attorney by profession who served as vice president/general manager Business Development at the state state-owned entity. Also named as a defendant in the amended lawsuit is the company’s former manager, Business Development John Soo Ping Chow, who is accused of failing in his accounting duties related to BNL, and failing to properly advise the company’s board on the prudence of the investment, given the alleged absence of audited accounts for BNL. The amended lawsuit was filed January 17. So far the Kamla Persad Bissessar led coalition government has filed lawsuits against six former e TecK officials, including its chairman Professor Kenneth Julien and directors Ulric McNicol, Professor Brian Copeland, Dr Rene Monteil, Eugene Tiah and Sonia Noel.

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