Posted by: nastylittletruths | August 26, 2008

Short Memories – Big Part Of Our Problem

I saw an advertisement in last Sunday’s Express by The Institute of Chartered Accountants of Trinidad & Tobago (ICATT) hosting a breakfast meeting on “Ethics and Governance”. With the feature address by Junior Finance Minister, Mariano Browne and moderated by Jeremy Matouk (good choice – he’s excellent on his CNC3 programme) it was one of the panelists who caught my eye – Catherine Kumar, Managing Director of RBTT.

The first thought that came into my head – after the uncontrolled laugh – was that we really need someone like Jon Stewart of the Daily Show fame in Trinidad. He would have done his famous, “oh, really?” on this for sure. No, seriously… Ethics and Governance? Catherine Kumar? I’ve always been a believer in the concept that perception is always stronger than reality, so how does Catherine measure up after two years when she jumped from being the Inspector of Financial Institutions at Central Bank to take up the MD job at RBTT? If the ad is right, quite high actually – she can now sit on a panel to discuss corporate ethics.

To refresh my readers’ memories a bit, here’s the story in the Business Guardian of two years ago:

http://www.guardian.co.tt/archives/2006-06-27/bussguardian1.html

I personally think there was more to the offer than met the eye when RBTT wooed Ms. Kumar, seeing that she was ‘inspecting” at the time (that perception thing again). I want to go back a bit further to refresh your memories again when RBTT was in the news. Please note the comment here about the SEC “opening a file” on the matter: Hmmmm… did I miss the conclusion or is it still being investigated?

http://www.guardian.co.tt/archives/2005-04-19/bussguardian4.html

Trinidad… I tell you, if you can’t laugh, you’ll certainly go mad. But it shouldn’t be like this. The ‘get rich by any means’ mentality runs deep in this country – a byproduct of our scheming and corrupt politicians who are in it only for the money.  And as I’ve written before, we are caught in a vicious cycle as the same corrupt society breeds our leaders of tomorrow. We need people to look up to in creating a better nation – exemplars who stand on principles and not salary and perks. 

So where do you keep your money?

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