Pan Trinbago Secretary Denise Hernandez, left, looks on as trustee Keith Simpson shows documents to President Beverly Ramsey-Moore during the steelband body’s internal elections at the Queen’s Park Savannah, Port of Spain, yesterday.
Pan Trinbago officials were unable to present audited financial statements at the steelband body’s Annual General meeting yesterday because of an outstanding debt of $640,000 owed to its auditors. The AGM was held at the Queen’s Park Savannah.
This was the second consecutive year audited financial statements were not presented at the organisation’s AGM.
The debt to PKF Chartered Accountants & Business Advisors forms part of a $60 million debt the Beverley Ramsey-Moore led Pan Trinbago executive were faced with when they took office. This bill has since been reduced by $18 million.
Treasurer Gerard Mendez reported that money was owed to steelbands, lawyers, staff and service providers, including auditors.
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