At the official launch of the 2026 Crop Over Festival, held Saturday at Queen’s Park during the traditional Ceremonial Delivery of the Last Canes, a senior Barbadian government official has outlined an ambitious vision to reshape the nation’s creative economy, moving it beyond seasonal activity to become a sustained, year-round driver of income and opportunity. Senator Shane Archer, Minister of State in the Prime Minister’s Office with oversight for Youth and Culture, used his keynote address to frame the iconic national festival as standing at a critical turning point — one that requires intentional evolution to unlock greater economic value while preserving its unmistakeable Barbadian identity. Against a backdrop of colorful performances, infectious music and joyful community celebration that captures the spirit of the annual harvest festival, Archer laid out his vision for a reimagined cultural sector that delivers consistent benefits to creative practitioners long after the final notes of Crop Over fade each year. “We are standing on history, feeling the energy of the present and building towards a future that must be more organised, more inclusive, more professional, more profitable for practitioners, and more deeply rooted in Barbadian culture,” Archer told the gathered crowd. The minister acknowledged that the festival’s current operational structure has gaps that need addressing, pointing to planning, cross-stakeholder coordination, internal communication, production workflows, and overall attendee experience as key areas for improvement. “We have already identified places where improvements can be made. Those lessons will be taken seriously,” Archer said, confirming that government representatives have already held extensive consultations with creative workers, performing artists, event promoters and other core stakeholders to gather input for reform. He emphasized that widespread public and industry support for strengthening the festival creates a strong foundation for change, noting “People love Crop Over. People want it to succeed. People want stronger systems, and people are ready to build it.” Looking ahead to the 2026 event and long-term sector reform, Archer stressed that earlier, more intentional planning and sharper execution will be critical to shifting the nation’s approach to cultural production. The core of his proposal is abandoning the long-held framing of culture as a seasonal, weeks-long activity, and instead building an ecosystem that supports creative work and income generation across the entire calendar. “That means stronger preparation, earlier engagement, sharper execution, and clearer pathways for practitioners to plan their year,” he explained. “It means moving beyond the idea that culture is something that we remember for a few weeks…culture must live. Culture must work all year, but most importantly, culture must earn all year.” Archer also used the occasion to redefine the mandate of the National Cultural Foundation (NCF), the public body that oversees cultural activity in Barbados. He noted that the NCF was never intended to function solely as an events coordination office, and that its core mission is to empower Barbadians to grow and develop through engagement with their native culture. “We inherit the vision. We also inherit the duty to update the systems that carry that vision,” he said. Tying the 2026 festival to two landmark national milestones — the 60th anniversary of Barbados’ independence and the sixth year since the nation became a republic — Archer framed Crop Over as one of the most powerful expressions of Barbadian national identity forged over the country’s modern history. “Across those six decades, Crop Over has been one of the clearest expressions of nationhood,” he said. Through its diverse artistic forms, including calypso, soca, steel pan, masquerade, dance, visual art and local cuisine, the festival shares a clear message about Barbados with the global community, he added: it “tells the world that Barbados is a place of imagination, discipline, resilience, brilliance, style and depth.”
作者: admin
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Beleggers zien lichtpunt voor Argentinië ondanks zware schuldenlast
As Argentina approaches 2027, the South American nation faces one of the largest foreign debt repayment schedules in recent decades, but shifting sentiment among international investors has delivered a wave of growing confidence that the country can successfully navigate this major financial test. This rising optimism is primarily rooted in the strict fiscal discipline and sweeping economic reforms implemented by President Javier Milei’s administration, though political uncertainty remains a prominent downside risk that could upend progress.
Data from the International Monetary Fund (IMF) shows that Argentina is obligated to pay more than $32 billion in principal and interest on its outstanding foreign debt in 2027 alone. This makes 2027 a make-or-break year for the country’s economic stability, compounded by the fact that Milei is widely expected to run for a second presidential term in that year’s election.
Even with the massive financial obligation looming, international market confidence in Argentina has climbed steadily over recent months. Investors point to the Milei administration’s commitment to tight fiscal rules, a notable cooling of runaway inflation, and targeted stabilization measures that have put the economy on a more sustainable trajectory. Credit rating agencies have also shifted to a cautiously optimistic outlook on Argentina’s medium-term economic prospects.
To shore up state financing ahead of the 2027 deadline, the government has rolled out a range of targeted measures in recent months. These include a new issuance of U.S. dollar-denominated bonds on the domestic market, securing new lending agreements with global financial institutions, and developing alternative financing channels that avoid overreliance on the volatile international capital market.
Industry analysts further project that rising investment in Argentina’s key strategic sectors—including energy, mining, infrastructure, and agriculture—will drive higher export revenues and increased foreign currency inflows in the coming years. However, these full gains are not expected to materialize until late 2027 or 2028, meaning until then, Argentina’s economy will remain dependent on sustained investor confidence and consistent continuation of current reform policies.
The IMF has stated that Argentina’s current overall debt load remains manageable, but the country still faces “exceptional risks” to its financial stability. The nation’s international reserves remain at modest levels, and any sudden shift in political policy direction or a collapse in market confidence could quickly renew downward pressure on the Argentine peso and strain public finances.
This evolving situation in Argentina offers valuable insights for neighboring Suriname, which is currently in a similar phase of prioritizing fiscal discipline, economic reform, and rebuilding investor trust. While the two countries start from very different economic baseline conditions, Argentina’s experience demonstrates that global financial markets do not only assess the absolute size of a nation’s debt load—they place far greater weight on whether a government can deliver credible, consistent economic policy over time.
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Statement by Chargé d’Affaires Karin Sullivan, U.S. Embassy to Barbados, the Eastern Caribbean, and the OECS on the 250th Anniversary of the United States of America
As the United States prepares to mark the 250th anniversary of its founding under the national commemoration banner “Freedom 250”, the occasion offers more than just an opportunity to look back at the revolutionary ideals that birthed the nation. It also serves as a reminder of the shared global belief that the pursuit of freedom connects diverse populations across international borders and across generations. Echoing the framing of former President Donald Trump, who noted that “The story of America makes everyone free”, this 250-year legacy is not merely a chapter of history—it is a call to action to deepen collaborative work with global partners, including the island nations of the Eastern Caribbean, to build a shared future rooted in expanded opportunity, enhanced collective security, and widespread mutual prosperity.
Far from being only a retrospective celebration, Freedom 250 is positioned as a strategic launchpad for the next era of U.S. global engagement. Under the current administration’s diplomatic vision, the U.S. is forging new collaborative partnerships, prioritizing cross-border innovation, and shaping a 21st-century diplomatic framework that is intended to guide transatlantic and hemispheric relations for the next 250 years.
U.S. engagement across the Eastern Caribbean is anchored in a straightforward core principle: when regional nations succeed collectively, all populations benefit from greater safety, stronger national economies, and more resilient local communities. Today, that long-held collaborative approach is delivering measurable, tangible results for both U.S. and Caribbean stakeholders across every Eastern Caribbean nation.
In Barbados, which is rapidly emerging as a regional technology and innovation hub, the U.S. and Barbados are jointly building the foundational infrastructure for a thriving digital economy. U.S. investment in advanced cross-border connectivity has unlocked new opportunities across key high-growth sectors: from telemedicine that expands access to critical care to remote learning that improves educational outcomes, from artificial innovation development to fintech inclusion, and from climate-smart agricultural practices that reduce carbon emissions to food security. This modern partnership is built on shared commitments to democratic governance, transparent commercial practices, and inclusive mutual prosperity.
In Antigua and Barbuda, joint investment in modern energy infrastructure is advancing long-term climate resilience, creating new local economic opportunity, and driving sustainable, low-carbon growth. In Dominica, U.S. technical and financial support for geothermal energy development has expanded access to affordable, reliable power for local communities while strengthening the nation’s long-term energy independence and security. For Grenada, U.S. technical cooperation and local capacity building programs are strengthening national water security, advancing sustainable natural resource management, and boosting the nation’s ability to adapt to climate and resource-related shocks.
In Saint Kitts and Nevis, bilateral cooperation continues to deepen across priority areas including citizen safety, inclusive economic development, public education, and cultural heritage preservation. A key ongoing project is the U.S.-supported restoration of the historic Bath Hotel on Nevis, a landmark that ties together the centuries-long people-to-people connections between the U.S. and the Caribbean, as the site is closely linked to Alexander Hamilton, one of America’s founding fathers who was born in Nevis. In Saint Lucia, expanded collaboration with the U.S. Drug Enforcement Administration is boosting local capacity to detect illicit fentanyl shipments, strengthening cross-border criminal prosecution efforts, and making communities safer across the entire Eastern Caribbean region. In Saint Vincent and the Grenadines, U.S. Peace Corps volunteers continue to work alongside local educators to strengthen primary and secondary education, improve English literacy outcomes, empower local teaching staff, and advance community development projects that create lasting, people-to-people bonds between the two nations.
Beyond bilateral collaborations with individual Eastern Caribbean states, the U.S. is also working collectively across the region to address transnational challenges that do not respect national borders. To combat transnational organized crime and drug trafficking, the U.S. has committed more than $8 million in funding to upgrade forensic laboratories across the Caribbean, improve regional drug detection capabilities, and expand cross-border law enforcement cooperation. The U.S. also continues to invest in the next generation of leadership through long-standing professional and educational exchange programs, including the Fulbright Program, the Young Leaders of the Americas Initiative, and the International Visitor Leadership Program, which connect emerging business and civic leaders from both the U.S. and the Caribbean.
As the U.S. marks this historic 250-year milestone of independence, the commemoration celebrates not only the nation’s own history but the growing network of global partnerships that will shape its future. Freedom 250 is framed as a global initiative to honor the U.S. founding ideals of liberty, democracy, and individual freedom.
In closing, the statement notes that the United States is proud to stand alongside the people of the Eastern Caribbean as a trusted neighbor, committed partner, and long-time friend. As it has done since its founding in 1776, the U.S. remains a dynamic and reliable global partner ready to lead collaborative progress into the next 250 years. Together, the U.S. and Eastern Caribbean nations look forward to another quarter millennium of shared freedom, expanded opportunity, continuous innovation, and collective prosperity.
This commentary was written by Karin Sullivan, Chargé d’Affaires at the U.S. Embassy to Barbados and the Eastern Caribbean.
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Woningbouwfonds krijgt nieuwe leiding; eerste leningen binnen 2 weken verwacht
Suriname’s long-planned National Housing Construction Fund has officially moved into its active implementation phase, with a new leadership team formally installed on Friday to advance the government’s goal of easing the country’s persistent housing shortage.
During the inauguration ceremony held Friday, fund president Jennifer Simons swore in Anushka Ramdjielal as the new chief executive director, with Madhavi Bholasing taking up the post of deputy director. Completing the new governing structure is Siegmund Proeve, who was recently installed as chair of the fund’s supervisory board.
For Ramdjielal, stepping into the director role is both a significant honor and a pressing challenge. In comments shared via the Communication Service of Suriname, the new chief executive framed universal access to stable housing as a non-negotiable basic need, outlining that her core priority is to turn the fund into a tangible solution for Suriname’s widespread housing crisis. She emphasized that steady, incremental progress will guide the fund’s work in its early stages, noting: “We have to start somewhere to build from. Even if we only deliver 10 homes in our first round, that does not matter – what matters is that we get moving.”
Deputy director Bholasing echoed Ramdjielal’s commitment, adding that transparent, rule-based allocation will be central to the fund’s operations. She confirmed that all housing financing applications will be assessed strictly against pre-established eligibility and income criteria, ensuring the fund’s limited resources reach exactly the low- and middle-income groups the program was designed to support.
Proeve, chair of the supervisory board, clarified that the National Housing Construction Fund is not a newly launched initiative – its enabling legislation was first passed back in 2019, created to streamline access to affordable housing loans for citizens through partnerships with local commercial banks. Right now, the fund holds total capital of between 300 million and 350 million Surinamese dollars, and offers loans with interest rates between 3% and 5%, a far more affordable rate than many conventional lending products for low- and middle-income borrowers looking to buy or build a home.
The fund carries three core strategic goals, Proeve explained. Beyond its primary mission of cutting housing insecurity, the initiative is designed to stimulate Suriname’s stagnant construction sector by boosting new residential development, and it also aims to deepen the country’s domestic capital market by allowing pension funds and other private investors to participate in the program on a tax-free basis.
In a positive update for prospective homebuyers, Proeve confirmed that the first batch of housing financing approvals and disbursements are on track to be issued within 14 days. With the capital currently on hand, the fund is projected to deliver between 300 and 400 completed homes by the end of December this year, marking a meaningful first step toward addressing the country’s housing gap.
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Wrongly suspected for plot against PM
Fifteen years after he was taken into custody amid unproven claims of a conspiracy to assassinate Trinidad and Tobago’s then-prime minister Kamla Persad-Bissessar and multiple senior cabinet members, David “Buffy” Milliard is opening up about the lasting harm of the 2011 ordeal that never led to a single criminal charge against him. Speaking in an exclusive interview with the Sunday Express at the outlet’s Port of Spain headquarters on a recent day, Milliard detailed the irreversible damage to his personal reputation and professional livelihood—while still voicing unexpected understanding for the actions state security officials took at the time.
The 2011 incident unfolded at the peak of a nationwide state of emergency declared by Persad-Bissessar’s administration to curb rampant gang violence. In a shock address that grabbed national headlines, the prime minister announced a retaliatory assassination plot against her and three cabinet ministers, allegedly orchestrated by criminal networks targeted in the government’s anti-gang crackdown. Milliard was among 16 men—15 of whom were Muslim—picked up under a Preventive Detention Order, a sweeping security measure that allowed authorities to hold individuals without immediate charge. To this day, Milliard maintains his complete innocence, and no legal action was ever taken against him or any of the other 15 detainees in connection to the alleged plot.
Milliard recalled the moment of his arrest vividly: he was socializing at a barbecue stand on Port of Spain’s Independence Square shortly before midnight when dozens of police officers surrounded the area. “I looked up and said, ‘Chief, you have about 30 police officers here, so I guess I’ll come in quietly,’” he shared. Officers searched his van before moving him through three different police stations, and it was only at the final stop that a senior commander laid out the extraordinary accusation against him: “We have detained you because we believe you may be involved in an assassination plot to assassinate the prime minister and four sitting ministers.”
Milliard said he was left stunned by the claim. “I said, ‘Please say it again.’ He said it again. I said, ‘Say it one more time. I’m hoping on the third time it will disappear,’” he recalled. The following morning, he was interrogated by roughly 15 agents from multiple national intelligence and security agencies. He voluntarily surrendered his cellphones and other electronic devices for inspection, inviting investigators to produce any evidence tying him to the conspiracy. In the end, no such evidence—digital or otherwise—was ever presented to him.
Even without evidence to support the accusation, Milliard rejects the idea that security officials acted out of malice or a deliberate intent to frame the detainees. “The police are not crazy men,” he argued. “If somebody, anybody, said to them somebody is planning to kill the prime minister of our country and four ministers, would you not establish a net and start investigating? Of course, you would.” He pushed back against claims of a coordinated frame-up, noting that if authorities had wanted to falsely convict the group, they easily could have filed criminal charges that public opinion would have accepted. “If they wanted to set us up, we would have been charged,” he said. “Instead, none of the detainees were charged in connection with the alleged assassination plot.”
While Milliard escaped formal prosecution, the harm from his detention was immediate and lasting. “Perception is reality to he or she who perceives,” he explained. “Once you are detained for something like that, your business disappears.” Longtime clients cut ties, others demanded hours of explanation before agreeing to continue working with him, and even strangers approached him in public with baseless accusations. He recalled one encounter at a local supermarket where a customer directly asked why he wanted to kill Persad-Bissessar. After a 20-minute conversation clarifying his innocence, the man apologized—a moment that reinforced Milliard’s belief that honest dialogue can correct harmful public misperception.
Unlike many other detainees who were encouraged by legal counsel to pursue multi-million dollar compensation lawsuits against the state, Milliard has deliberately refused to take legal action for damages. He argues that any government compensation would ultimately draw from public tax revenue paid by ordinary working citizens. “The government has no money of their own. The government has money that is derived from taxation,” he explained. “Why would I take $15 million from the people who live around me because somebody heard something and took the necessary steps to prevent it? Who pays taxes? Ordinary citizens. My neighbours, whether they are 1%ers or they are 99%ers like me. Sufferers. You pay taxes. And when that money goes into the treasury, people perceive it to be Government funds, but it’s not. The lineage of that money is the pocket of a hardworking man.”
Milliard also praised the respectful and professional treatment he received from police and prison staff throughout his detention. He noted that correctional officers accommodated religious needs, providing halal meals for Muslim detainees and allowing regular prayer, and there was never any attempt to intimidate the held men. When detainees were released on December 5, 2011, shortly after midnight, then-prisons commissioner Martin Martinez personally arranged for each man to contact their families for a ride home, refusing to leave them stranded on the side of the highway late at night. “He said, ‘I cannot in good conscience let you go to stand on the highway at 12 o’clock at night.’ Who does that?” Milliard said.
Drawing a parallel to a recent high-profile detention case, Milliard expressed sympathy for businessman Dominic Hadeed, his wife Genevieve Hadeed, and their relative Star Sabga, who were recently taken into custody in an ongoing investigation. He urged the public to let law enforcement complete their work without rushing to judgment. “I feel sorry for Mr Hadeed. It’s a very hard experience for himself and his wife, but in actuality, if there’s any truth whatsoever, any reason for the national security apparatus to operate, they have no choice,” he said. When asked for advice for Hadeed, Milliard simply said, “May the truth come out.” Reflecting on his own case, he noted that while the current Trinidadian government is led by the same party that ordered his 2011 detention, “they could have sank me” — a comment that underscores the lasting vulnerability of his reputation after the uncharged detention.
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Treated like a coup plotter
In a sweeping 36-page legal affidavit submitted to Trinidad and Tobago’s High Court on July 3, 42-year-old Genevieve Hadeed has issued an unflinching denial of allegations that she conspired to assassinate Prime Minister Kamla Persad-Bissessar, describing the claims as a devastating, unfathomable shock that has upended her entire family’s life.
The affidavit marks Hadeed’s first public personal account of the June 24 police raid on her family’s Westmoorings residence and the subsequent detention she faced under the country’s active state of emergency regulations. The legal filing is part of a constitutional motion brought by Hadeed and her husband, prominent local businessman Dominic Hadeed, who is also in detention.
Hadeed recounts that she first learned of the grave allegations against her when a police corporal served her a formal Preventive Detention Order (PDO). The document cited intelligence claiming she had publicly called for the deaths of the Prime Minister, sitting government ministers, and members of parliament, remarks allegedly made during parliamentary debates over an extension of the national state of emergency.
Reading the accusation for the first time, Hadeed writes, left her completely shattered. “Upon receiving the document, my heart sank. I envisaged my life was over. I became so weak and overwhelmed that I nearly collapsed to the floor. In that moment, it felt as though my entire world had come crushing down,” her affidavit reads. She says she was reeling from shock, fear, and disbelief, particularly at being lumped in the same category as Yasin Abu Bakr, the former leader of a failed 1990 coup attempt in Trinidad and Tobago. “I could not comprehend what I was reading… It was as if they were putting me in the same league as Abu Bakr, as if I were staging a coup,” she added.
Hadeed categorically rejects all claims against her, emphasizing that she has never plotted violence, engaged in criminal activity, or taken any step that threatens public safety. “I have never plotted to murder anyone, nor have I plotted to engage in any criminal activity, nor have I ever acted in any way which could be considered to be prejudicial to public safety by taking steps to carry out the type of allegations that are being levelled against me,” she stated.
She further describes the chaotic confusion of the early morning police raid on her home, where officers presented a search warrant tied to a conspiracy to murder investigation but provided no details of what she was alleged to have done, who she was supposed to have conspired with, or any other context. Hadeed, who has no prior criminal convictions or charges, called the entire situation deeply distressing and unfathomable.
The affidavit details harsh conditions during her detention at Trinidad’s Woodbrook Police Station: an 8-by-6 foot cell with a soiled floor, no furniture or bedding, an open floor-hole toilet, no running water, poor ventilation, dim lighting, and rampant cockroaches. She says she spent multiple sleepless nights in the cell, only being taken back to her home under armed police supervision during the day to shower, change clothes, and eat.
Hadeed also says she was stunned to learn that her 69-year-old maternal aunt, Star Sabga — a small businesswoman who makes a living selling homemade cheese — was also detained in connection with the case. She later learned from her legal team of a front-page *Express* newspaper report stating a PDO would be served against her, a revelation that left her even more confused, as no law enforcement official had notified her of the pending action. Hadeed noted that she had always understood PDOs were reserved for the most heinous and dangerous criminals, making her inclusion all the more bewildering.
A notable error recounted in the affidavit saw police transport Hadeed to another local residence on the day of her arrest to question a couple about a different Genevieve Hadeed — her sister-in-law who permanently resides in Spain. Even after the couple confirmed the other Genevieve Hadeed lived abroad, Hadeed remained in police custody.
Beyond her own ordeal, Hadeed centers much of her testimony on the harm done to her family. As the primary caregiver for her three children and her husband, who lives with multiple severe chronic health conditions including cancer, Charcot-Marie-Tooth disease, chronic lymphocytic lymphoma, and kidney disease, Hadeed argues that her detention and that of her husband has put his life at grave risk, as he has been cut off from regular medication, physiotherapy, and ongoing treatment. She also notes the profound emotional harm to her three children, who have suddenly been deprived of her daily care and guidance.
A lifelong community and charity worker, Hadeed has previously served as president of the Syrian Lebanese Women’s Association and been deeply involved in local philanthropic work, a track record she says is inconsistent with the accusations against her. She closes the affidavit by reaffirming her complete innocence, arguing that she is being punished before any criminal trial has taken place, and urging the High Court to grant her immediate release so she can return to her family.
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Detention politically driven
A prominent Trinidad and Tobago business leader is fighting what he calls a pre-planned, politically driven detention, vehemently rejecting unproven accusations that he plotted to assassinate government officials. In a 30-page affidavit filed with the High Court on July 3, Dominic Hadeed, founder and managing director of Blue Waters Products Limited, has launched a constitutional challenge against the country’s Police Commissioner, Minister of Homeland Security, Attorney General, and police corporal Eldon Calliste, laying out his full account of the events that led to his June 24 arrest and detention without criminal charges.
Hadeed, who has never been convicted of or even charged with a criminal offense alongside his wife Genevieve, says the couple has been held in custody since late June without ever being interviewed or given a chance to respond to the allegations before preventive detention orders (PDOs) were issued. In clear, unreserved terms, he denied any involvement in conspiracy to harm members of the government or parliament.
“I have never plotted to assassinate anyone. I have never plotted to engage in any criminal activity whatsoever and I have never acted in any manner prejudicial to public safety by taking steps to carry out the type of allegations that are being levelled against me or otherwise,” Hadeed wrote in the affidavit. He added that he remains fully willing to cooperate with law enforcement investigators, despite authorities failing to confront him with the allegations even after days in custody before the PDO was formally issued.
A core part of Hadeed’s legal challenge targets the vague wording of the PDO itself. The document notes that the order fails to identify any supposed statements Hadeed is alleged to have made, the people he supposedly made them to, any co-conspirators linked to the claimed plot, or any overt actions taken to advance an assassination conspiracy. The allegations, he argues, are entirely unsupported by specific particulars.
Hadeed also pulls attention to controversial remarks made by Attorney General John Jeremie during a June 10 parliamentary debate over extending the country’s state of emergency. According to the affidavit, Jeremie deliberately revived a 2017 comment from a Anthony Bourdain interview, where another local businessman described the country’s small Syrian-Lebanese community as the most powerful ethnic group in the nation. Jeremie’s repeated references to the so-called “1%”, Bayshore residents, government land leases, and the Teteron prison effectively singled out Hadeed and other members of the Syrian-Lebanese community long before any detention orders were approved, Hadeed contends.
Those parliamentary remarks, he argues, amounted to a public preview of his arrest, proving that the decision to detain him was made before any serious investigation was completed. The “1%” label, Hadeed claims, has been deliberately used by government officials as a political weapon to stigmatize the minority ethnic group, and his current detention is the latest example of this targeted campaign.
Behind the assassination plot allegations, Hadeed says, lies a years-long public dispute with the Trinidad and Tobago state over agricultural and commercial land leases that forms the true backdrop for his arrest. He explains that Blue Waters Products acquired the leasehold interests of PR Trinidad in 2007, when those existing leases were set to expire in 2015. Immediately after the acquisition, the company entered talks with state authorities to secure new long-term leases. Relying on repeated official assurances that formal leases would be granted, Blue Waters invested millions of dollars into developing the properties, according to Hadeed.
Over the years, three successive national cabinets approved offers and amendments for multiple parcels of state land controlled by Blue Waters and its associated companies. Even though formal lease documents were never finalized, Hadeed maintains that binding legal agreements were already established through official offer letters, acceptance correspondence, and payments of premiums and processing fees to the Commissioner of State Lands.
The situation shifted dramatically earlier this year, after Hadeed publicly criticized government ministers over business tax policies and delays in VAT refunds at a March 25 leadership event hosted by the Trinidad and Tobago Manufacturers’ Association. Just weeks later, on May 5, Minister of Land and Legal Affairs Saddam Hosein notified Hadeed that the cabinet had voted to rescind all previous approvals to grant leases to Blue Waters Products Ltd, OG C1 Property Ltd and OG C2 Property Ltd. Hadeed adds that Attorney General Jeremie also referred all matters connected to the proposed leases to the Commissioner of Police for criminal investigation.
Hadeed retained top legal counsel, including former attorney general Ramesh Lawrence Maharaj SC, who responded to the government by asserting that his companies had acted lawfully and in good faith, and that binding enforceable agreements were already in place. After multiple rounds of correspondence failed to resolve the dispute, Hadeed’s legal team issued a pre-action protocol letter on June 22, formally notifying the government of a planned constitutional claim over the breached lease agreements.
Just 48 hours later, police executed search warrants at Hadeed’s properties—a timeline that reinforces Hadeed’s belief that the entire police operation is directly tied to the land dispute, not any fabricated assassination plot. When officers arrived at his Bayshore residence before dawn on June 24 to seize electronic devices, Hadeed writes that he “immediately and honestly believed” the operation was connected to the state land lease controversy, given Jeremie’s earlier referral of the matter to police. “It never occurred to me, nor could it have, that the exercise had anything to do with any allegation of a plot to murder anyone,” he stated.
Hadeed again points to Jeremie’s June 10 parliamentary remarks, noting that references to people “living in Bayshore” and “stealing government land and property” were clearly directed at his companies’ ongoing lease dispute, and proved that his detention had been planned in advance. The Attorney General’s references to “state leases” and “extraordinary steps taken…to secure valuable State lands” were an unambiguous reference to the holdings controlled by Hadeed’s businesses, he adds. When the searches were conducted, Hadeed says he remained convinced the action was solely tied to the lease dispute, and only learned later that authorities were linking the operation to an unsubstantiated murder conspiracy claim.
In his account of the early morning raid, Hadeed says police searched his family home, seized electronic devices belonging to all members of the household—including his children’s devices—and later executed additional searches at Blue Waters’ corporate offices. He was not informed that he was under arrest until most searches were completed, and was never given a police caution or advised of his fundamental legal rights at the time of the operation, he claims.
The sequence of events—from the pre-detention parliamentary remarks, to the escalating land dispute, to the execution of search warrants, and finally the issuance of the PDO—proves that the decision to detain Hadeed was made long before any investigation was completed that could justify the extreme measure, the affidavit argues. Hadeed is now asking the High Court to rule that his core constitutional rights have been violated, and to grant appropriate constitutional relief as his legal challenge to the legality of his detention moves forward.
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Central Bank plans tighter oversight
A high-profile seizure of $2 million in U.S. currency at Trinidad and Tobago’s Piarco International Airport has spurred the Central Bank of Trinidad and Tobago (CBTT) to announce sweeping planned reforms to the country’s foreign exchange regulatory framework, addressing long-standing public concerns over oversight amid persistent domestic U.S. dollar shortages.
The incident, first exclusively reported by the *Express* on Friday, unfolded on June 25, when Customs and Excise officials intercepted the cash shipment bound for Miami via Jamaica. Stowed in a white crocus bag, the funds were seized after authorities raised questions about accompanying documentation. The currency was later transferred to CBTT custody as investigations proceed, with U.S. law enforcement already brought on to assist with the probe.
NCB Merchant Bank (Trinidad and Tobago) Ltd. has since publicly confirmed it is the owner of the seized funds, saying the shipment was part of standard daily business operations. In an email response to *Express* inquiries, CEO Marli A. Creese emphasized the bank had followed all applicable legal and regulatory protocols for cross-border cash transport. “All usual and required protocols were adhered to,” Creese stated, adding that the institution has fully complied with all information requests from investigators, and has already submitted additional supporting documentation that authorities requested. As of the latest updates, Creese confirmed the $2 million remains held in CBTT custody pending clearance to proceed with the shipment.
While CBTT has declined to comment on the specific details of the ongoing investigation to avoid compromising investigative work, the central bank used the public attention sparked by the seizure to outline planned regulatory overhauls designed to close gaps in the current foreign exchange system. The institution acknowledged public frustration over persistent U.S. dollar shortages, where domestic demand consistently outpaces available supply, leading to widespread questions about the legality of large-scale U.S. currency exports.
In a formal statement titled “Central Bank statement on current foreign exchange matters”, CBTT clarified that authorized foreign exchange dealers – licensed banks and non-bank financial institutions operating under the existing Exchange Control Act – are legally permitted to export foreign currency as part of their routine cross-border operations. The central bank added that in many cases, including the transport of U.S. cash, an equivalent credit is wired back to Trinidad and Tobago, resulting in no net loss of foreign currency to the domestic market. This clarification, CBTT stressed, does not address any specific allegations or questions being examined by investigative agencies.
Even as it defended its existing management of the national foreign exchange system, CBTT confirmed that sweeping reforms are already in the works, developed in collaboration with the Ministry of Finance and other key industry and regulatory stakeholders. The core of the reform package is a full update of the decades-old Exchange Control Act, which will be renamed the Foreign Exchange Act to reflect its modernized scope. The revisions will clarify regulatory standards for foreign currency transactions, strengthen mandatory reporting requirements for authorized dealers submitting data to the central bank, and impose stricter oversight rules for cross-border cash shipments.
CBTT noted that these regulatory updates are a targeted response to ongoing foreign exchange challenges the country has faced in recent years, with changes intended to address gaps in the current framework over the short to medium term. A series of new regulatory initiatives will be rolled out in the coming months, building on the legislative revisions to enhance overall supervisory capacity. -

MY HEART STILL HURTS
For Nicole Richards, a matriarch from Beetham Gardens, four years have passed without the justice she has grieved and fought for. On a recent evening, she gathered roughly 20 supporters near the Republic Bank at the intersection of Chacon Street and Independence Square, where her 21-year-old son Fabien Richards was killed by Trinidad and Tobago police on July 2, 2022. Attendees lit white candles in memory of Fabien and his two companions, 24-year-old Isaiah Roberts and 17-year-old Leonardo Williams, who also lost their lives in the shooting.
The tragedy unfolded in the early hours of that July Saturday, when Western Division police officers responded to a report of stolen motor vehicle and attempted to stop a white Toyota Aqua carrying six young people in Port of Spain. A high-speed chase ensued, ending when the vehicle crashed into an exterior wall of the Republic Bank on Independence Square. According to official police accounts, officers from the Guard and Emergency Branch who had joined the pursuit claimed they came under gunfire from people inside the vehicle, and returned fire at the car. Three of the occupants — Fabien, Roberts, and Williams — were killed instantly. A fourth teen was rushed to Port of Spain General Hospital for treatment of injuries, while the remaining two passengers were detained unhurt. Investigators later said they recovered a Smith & Wesson pistol from the crashed vehicle. The three detained passengers were eventually released pending further inquiry, and lead investigator Senior Superintendent Neil Brandon-John recorded statements from all three before his passing, which left the investigation stalled.
For the Richards family, the pain of their loss remains as raw as the day they received the news of the shooting. In an interview with the *Sunday Express*, Nicole Richards, a mother of four, shared that the investigation went cold immediately after Brandon-John died, and authorities have not provided any updates to the family in the years since. “It’s painful because we are not getting the justice we want,” she said. “We will not stop until we get justice for all three boys. I want justice for my son Fabien.”
Fabien never got the chance to hold or meet his own daughter, Soria John, who is now three years old. That unfulfilled future haunts Nicole every day. “His baby is three. A little sweetheart. She knows her daddy died, that he’s in heaven,” Nicole said. “When I look at her, I keep pleading for justice.”
This is not the first devastating loss Nicole has endured: her son Garth Richards was killed after being hit by a bus in 2014. She says she draws her strength to keep fighting from her two daughters, Nicola and Isoma, and her faith in God. Remembering Fabien, she painted a picture of a playful, loving young man who would sneak up behind her, cling to her calf, and pretend to be a dog chasing her to make her laugh. He loved corned beef served over rice or pasta, and enjoyed making YouTube videos in his free time.
Fabien had been on his way home with his friends from a farewell party held in Diego Martin when the shooting happened, Nicole explained. Today, he would have turned 25. Refuting the police’s claim that the young men were armed, Nicole described her son’s death as an execution: he was shot ten times in the head. “The children were on their way home. Fabien was talking to his cousin on the way home,” she said. “We want justice. They need to get rid of the corrupt ones who hold high office. It’s not right. It can’t be right in the eyes of God and man.”
Amid a rising tide of violent crime and police-involved deaths across the country, Nicole is calling for sweeping leadership changes. She is demanding the immediate resignation of Director of Public Prosecutions Roger Gaspard, as well as Homeland Security Minister Roger Alexander and Defence Minister Wayne Sturge. “A state of emergency is not stopping crime,” she said. “I don’t dabble in politics. But it’s almost every day you are hearing an innocent person died. When I hear somebody died at the hands of the police, I wonder who is next.”
Nicole Richards, Fabien’s older sister, echoed her mother’s call for justice, saying she has mourned her younger brother like he was her own son. Fabien lived with Nicola at her El Socorro home from primary school onward, growing up alongside her son Nicholai. “My heart still hurts. The pain is still fresh,” she told the *Sunday Express*. “Every day you hear horror stories: people being killed, children murdered, teenagers missing. You see his scenario being replayed in your head over and over. It’s not easy.”
She cherishes the memory of her last birthday with Fabien, in November 2021, when the family held a lively games night. The two of them were the final pair left standing in a game of musical chairs, sharing a moment of joy that she still holds close. Today, the family shares their love with Fabien’s daughter Soria, who spends every weekend with them and is described by Nicola as “a darling.”
“Only God can give justice because he sees and knows everything,” Nicola said. “He would have seen what unfolded in the car. He would have heard their cries.”
The vigil drew solidarity from other families who have also lost loved ones to police-involved violence and been left without answers. Among the attendees was Alyssa Phillip, who has organized multiple protests demanding clarity for her friend Kaia Sealy. Sealy is currently facing charges connected to the January police shooting death of her husband Joshua Samaroo, and Phillip and the Richards family say their shared grief has forged a bond of mutual support in the fight for accountability.

