While the poor continue to suffer in Trinidad and Tobago, the rich are becoming richer and richer. A few of them, simply by concocting a plan to defraud others. In our country, persons commit these white collar crimes because the culture has become one where no one is held to account for these actions.
A classic case of this is the circumstances surrounding Mr. Rahaman’s purchase of a very large block of shares from First Citizens bank, where he was at the time an executive. Mr. Rahaman subsequently sold these shares for a profit of more than 12 million in less than a year.
Thanks to the Minister of Finance Mr. Howai and the Attorney General Mr. Ramlogan, this one will not slip through the cracks that easily as in the past. Once this goes all the way by law, persons will fear to take these chances. It’s now up to law enforcement to complete the job.