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"The Case of the Missing $2.6 Billion at T&T Central bank ?"

In recent years, questions about financial transparency and accountability in Trinidad and Tobago have intensified, particularly regarding the Central Bank of Trinidad and Tobago (CBTT).
A staggering $2.6 billion discrepancy in national revenue has raised concerns amongst citizens and government officials alike.
Despite multiple audits, including one led by Auditor General Jaiwantie Ramdass, access to key financial systems has been denied, leaving the mystery of the missing funds unresolved.
This lack of cooperation from the CBTT has sparked accusations of financial mismanagement and potential complicity with the government.

​Let us explore the implications of the missing $​2.6 billion, the role of the CBTT, and the urgent need for a formal investigation to restore public confidence in the country's financial institutions.

While the bank claims its books are fully audited and balanced, a gaping hole remains unexplained - nearly ​2.6 billion missing without a trace.
Citizens are rightfully demanding answers, but the Central Bank seems unwilling to cooperate with independent investigators tasked with uncovering the truth.
When Auditor General Jaiwantie Ramdass recently attempted to conduct a follow-up audit of Central Bank accounts, she was denied access to key documents, specifically records of the electronic cheque clearing system.
This was the very system the previous audit found had understated government revenues by a stunning $2.6 billion.
Yet, despite having reviewed the issue beforehand, Ramdass's new report failed to resolve where this money has disappeared to.

Without a proper audit, serious questions of accountability remain.
Did funds simply vanish into thin air, suggesting internal financial mismanagement on an unprecedented scale?
Or is something more deliberate at play?
The Central Bank's lack of transparency will only fuel speculation that it may be complicit in covering up financial improprieties aiding this government.
Either explanation severely damages trust in Trinidad and Tobago's fiscal leadership.

As one of the chief stewards of the national economy, charged with maintaining monetary and financial stability, the Central Bank has a duty to be candid and cooperate fully with lawful oversight.
Its stonewalling posture risks not only staining its own reputation but undermining confidence in the stability of the entire financial system.
Should wrongdoing be uncovered, the political fallout could destabilize the government as well.

With so many unanswered questions swirling, concerned citizens demand a full, independent investigation.
Anything less than complete transparency will be unacceptable to taxpayers who have a right to know where their money has gone.
It is time for authorities to shed light on this troubling discrepancy, or risk their credibility perhaps irreparably.
The eyes of the nation are watching for honest answers, but for now the money - and the truth - still remains missing.

Sarge

In reply to sgtdjones

Any good auditor could find missing money
Any average auditor can find a trail

Ergo…

In reply to Halliwell

In reply to sgtdjones

The PNM appears to have all the powers needed to fix things to suit them,I dread to think if it was a UNC government in power,they would have at least 3 or 4 ministers in prison already.Rowley must be the worst PM TT have had,ask Manning,he has described him as a man with yobbish behaviour,words to that effect.Even if God come and try to find out about the money he won't be able to find out the mystry of the missing $2.6 billion.Could this happen in any developed country,maybe in some Asian or African countries but not in the western hemisphere,it wouldn't.

Therefore she has identified a trail
The documents she can’t see

In reply to Halliwell

Go back to bed...