Newsday December 6th, 2018 Jada Loutoo
"I am sorry, our allocation is about $20 million and we definitely cannot pay [Pan Men]. If we have to maintain a prize structure of over $13 million, we definitely can’t ...."
THIRTEEN MILLION for THE WINNING STEELBAND LEADERS -- ZERO DOLLAR$ for the PAN PLAYERS. And don't forget that PAN TRINBAGO gets 1.3 MILLION$$$ from the $13 million.
Replies
"I wonder how much money the Panorama brings to Carnival each year and if there was no Panorama"
Under Keith Diaz leadership in 2016 gate receipts was estimated at over $10 million....then in 2017 it was reduced to $3 million. Looks to me like attendance dropped in 2017, how they came up SHORT? Funny accounting maybe.
Govt closes financial tap
NCC to collect pan gate receipts
The Minister said some of the drastic changes to come include allowing the NCC to now collect the gate receipts from ticket sales at Panorama.
"We will no longer be giving Pan Trinbago money. Prize money, money for suppliers and money for remittances for panmen will now be made available to the NCC," she said.
Apart from the millions in subventions the organisation receives from the State, Gadsby-Dolly said, Pan Trinbago also gets all the money received from the gate from the sale of tickets.
She said: "We are taking steps to put a value on that because it has been nebulous and vague over the years. But this money was meant to help Pan Trinbago."
She said unofficial estimates put the figure for gate receipts for Panorama competitions at over $10 million for 2016.
http://guardian.co.tt/news/govt-closes-financial-tap-6.2.348335.2a0...
Dec 2017
Pan Trinbago has retained control of the sale of Panorama tickets, after Justice Vahiest Kokaram ruled in their favour in the matter it brought against the National Carnival Commission (NCC).
He also ordered the NCC to repay Pan Trinbago the $3 million collected from this year's pan semis and finals.This, as Justice Kokaram said Pan Trinbago had a legitimate expectation of that power as they have been allowed to do so for the past 20 years by a Cabinet decision which was taken by the Panday regime in 1997.
http://www.looptt.com/content/pan-trinbago-wins-judgement-against-ncc
odw: so am I right in assuming that the MoU turned everything around and enable NCC to not only attain the gate receipts for Panorama but also get 20% of the Government monies which are given to Pan Trinbago?
Somewhat, the MOU came about because of what was happening at the time...
Former executive member of Pan Trinbago Byron Serrette confirmed that the steelband organisation has a huge outstanding debt.
Serrette is no longer on the executive as he resigned late last year after raising concerns about misappropriation of funds. He referred to the financial audit of the organisation which indicated that the outstanding debt was $31 million.
Serrette said by issuing bounced cheques the pan organisation had committed "another fraud against the membership."
The bounced cheques is the latest in a string of financial worries for the Pan Trinbago under the leadership of Keith Diaz. There were previous allegations of the purchase of a luxury vehicle.
NCC, Pan Trinbago sign MoU for better accountability of funds
Peters said NCC won’t be taking over any of Pan Trinbago’s business such as payment of monthly staff.
He said regarding payments to pannists, there is a need to do an assessment of the bands and a system is being put in place to do that.
“We are only responsible for giving a subvention to Pan Trinbago, TUCO, and the TTCBA and that is what we are doing and with that subvention there has to be accountability for it. We weren’t satisfied with the accountability that was given so we are putting more stringent systems in place,” he said.
The arrangement is expected to cover the next three years.
http://www.looptt.com/content/ncc-pan-trinbago-sign-mou-better-acco...
DOWNSIZING the new NORM at PT.
She said Pan Trinbago will no longer have central executive’s members as employees of the organisation. Ramsey-Moore said the organisation has already cut back in rent and saved over one million on rental fees after being allowed to rent the building free for one year.
odw: Thanks for the update. Everything is a little more clearer to me. I was at the court hearing in February 2017 regarding NCC/Pan Trinbago gate receipts issue but i couldn't recall how much money they are talking about.
"Give up something"?....
Of course...We could always give up Panorama for the next two years...How about that?...
I'm absolutely gobsmacked!!
Ingrid: LOVE BEVERLEY or LEAVE THE FORUM!!!
She can do NO WRONG for these posters here!!!
Claude: You are so funny. I'm not doing neither of those options. No-one wants to say what they really think for fear of a backlash. Well, that's not me.
Beverley doesn't fully understand the pan men's struggle. Why should they have to give up something? They give up all of their evenings to learn the pan tune, some even miss school the next day due to late practices. What more should they give up? They've given up enough!!.
Back in the day when pan men were not paid to paly for Panorama, everyone was happy but now that payment is supposed to be given to them, that money is a problem. 1 wonder how much money the Panorama brings to Carnival each year and if there was no Panorama, would Pan Trinbago and Carnival suffer?
I'm like a cockroach, I'm going nowhere!!