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Forensic audit reveal T&T did not get value for sale of BWIA slots at Heathrow

A forensic management audit commissioned by Trinidad Prime Minister Kamla Persad-Bissessar has found that the twin island republic did not get value for money in the 5 million pound sale of  its prime slots at Heathrow Airport in London, England.

It was divested by BWIA to British Airways in 2007.

The audit committee found that the fair market value of  the slots then ranged from 23 million to 44 million pounds.

The slots are used for the loading and unloading of  passengers, baggage and re-fuelling as well as re-stocking of the aircraft at Heathrow, one of  the world's busiest airports.

In March 2011, Mrs. Persad-Bissessar, upon her return from an official trip to London, requested Attorney General Anand Ramlogan investigate the circumstances surrounding the sale and whether there were any breaches in the process.

A 137-page report cast blame on the former People's National Movement (PNM) ministers who were involved in the process.



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