State-Owned Giants Shake as Leaders Fall | Trinidad and Tobago News

Heritage Petroleum’s chairman Kurt Ramlal has resigned amid contract award allegations, sparking alarm from former director Romel Lalloo who warns it signals a government in freefall. Lalloo, himself ousted last year over uninvestigated sexual harassment claims, argues leadership changes won’t fix systemic failures in state-owned enterprises—and insists the Prime Minister must enforce stricter governance. This isn’t an outlier: 24 board members have exited this year alone, including top figures from TSTT and Paria Fuel Trading. Opposition MP Stuart Young demands accountability, questioning the Energy Minister’s role and the pattern of rapid departures. Analyst Dr. Bishnu Ragoonath suggests conflicts between political directives and board independence may be driving resignations—and urges transparency to restore public trust. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/427d65b131e2ba8d