[Script Info] Title: [Events] Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text Dialogue: 0,0:00:00.81,0:00:02.58,Default,,0000,0000,0000,,Okay, this morning I'm speaking Dialogue: 0,0:00:02.58,0:00:05.77,Default,,0000,0000,0000,,on the question of corruption. Dialogue: 0,0:00:05.77,0:00:07.93,Default,,0000,0000,0000,,And corruption is defined Dialogue: 0,0:00:07.93,0:00:13.67,Default,,0000,0000,0000,,as the abuse of a position of trust Dialogue: 0,0:00:13.67,0:00:17.31,Default,,0000,0000,0000,,for the benefit of yourself -- or, in the case of our context, Dialogue: 0,0:00:17.31,0:00:19.93,Default,,0000,0000,0000,,your friends, your family or your financiers. Dialogue: 0,0:00:19.93,0:00:24.45,Default,,0000,0000,0000,,Okay? Friends, family and financiers. Dialogue: 0,0:00:24.45,0:00:28.47,Default,,0000,0000,0000,,But we need to understand what we understand about corruption, Dialogue: 0,0:00:28.47,0:00:31.26,Default,,0000,0000,0000,,and we need to understand that Dialogue: 0,0:00:31.26,0:00:34.61,Default,,0000,0000,0000,,we have been miseducated about it, and we have to admit that. Dialogue: 0,0:00:34.61,0:00:36.17,Default,,0000,0000,0000,,We have to have the courage to admit that Dialogue: 0,0:00:36.17,0:00:38.62,Default,,0000,0000,0000,,to start changing how we deal with it. Dialogue: 0,0:00:38.62,0:00:41.54,Default,,0000,0000,0000,,The first thing is that the big myth, number one, Dialogue: 0,0:00:41.54,0:00:43.91,Default,,0000,0000,0000,,is that in fact it's not really a crime. Dialogue: 0,0:00:43.91,0:00:45.70,Default,,0000,0000,0000,,When we get together with friends and family Dialogue: 0,0:00:45.70,0:00:47.58,Default,,0000,0000,0000,,and we discuss crime in our country, Dialogue: 0,0:00:47.58,0:00:51.17,Default,,0000,0000,0000,,crime in Belmont or crime in Diego or crime in Marabella, Dialogue: 0,0:00:51.17,0:00:52.70,Default,,0000,0000,0000,,nobody's speaking about corruption. Dialogue: 0,0:00:52.70,0:00:54.25,Default,,0000,0000,0000,,That's the honest truth. Dialogue: 0,0:00:54.25,0:00:57.29,Default,,0000,0000,0000,,When the Commissioner of Police comes on TV to talk about crime, Dialogue: 0,0:00:57.29,0:00:59.30,Default,,0000,0000,0000,,he isn't speaking about corruption. Dialogue: 0,0:00:59.30,0:01:01.62,Default,,0000,0000,0000,,And we know for sure when the Minister of National Security Dialogue: 0,0:01:01.62,0:01:05.49,Default,,0000,0000,0000,,is speaking about crime, he's not talking about corruption either. Dialogue: 0,0:01:05.49,0:01:08.10,Default,,0000,0000,0000,,The point I'm making is that it is a crime. Dialogue: 0,0:01:08.10,0:01:12.96,Default,,0000,0000,0000,,It is an economic crime, because we're involving the looting of taxpayers' money. Dialogue: 0,0:01:12.96,0:01:15.72,Default,,0000,0000,0000,,Public and private corruption is a reality. Dialogue: 0,0:01:15.72,0:01:17.45,Default,,0000,0000,0000,,As somebody who comes from the private sector, Dialogue: 0,0:01:17.45,0:01:19.85,Default,,0000,0000,0000,,I can tell you there's a massive amount of corruption Dialogue: 0,0:01:19.85,0:01:22.63,Default,,0000,0000,0000,,in the private sector that has nothing to do with government. Dialogue: 0,0:01:22.63,0:01:25.47,Default,,0000,0000,0000,,The same bribes and backhanders and things that take place under the table, Dialogue: 0,0:01:25.47,0:01:27.94,Default,,0000,0000,0000,,it all takes place in the private sector. Dialogue: 0,0:01:27.94,0:01:31.54,Default,,0000,0000,0000,,Today, I'm focusing on public sector corruption, Dialogue: 0,0:01:31.54,0:01:34.68,Default,,0000,0000,0000,,which the private sector also participates in. Dialogue: 0,0:01:34.68,0:01:36.97,Default,,0000,0000,0000,,The second important myth to understand -- Dialogue: 0,0:01:36.97,0:01:38.70,Default,,0000,0000,0000,,because we have to destroy these myths, Dialogue: 0,0:01:38.70,0:01:41.16,Default,,0000,0000,0000,,dismantle them and destroy them and ridicule them -- Dialogue: 0,0:01:41.16,0:01:43.11,Default,,0000,0000,0000,,the second important myth to understand Dialogue: 0,0:01:43.11,0:01:45.60,Default,,0000,0000,0000,,is the one that says Dialogue: 0,0:01:45.60,0:01:48.87,Default,,0000,0000,0000,,that in fact corruption is only a small problem -- Dialogue: 0,0:01:48.87,0:01:51.20,Default,,0000,0000,0000,,if it is a problem, it's only a small problem, Dialogue: 0,0:01:51.20,0:01:54.90,Default,,0000,0000,0000,,that in fact it's only a little 10 or 15 percent, Dialogue: 0,0:01:54.90,0:01:58.79,Default,,0000,0000,0000,,it's been going on forever, it probably will continue forever, Dialogue: 0,0:01:58.79,0:02:02.57,Default,,0000,0000,0000,,and there's no point passing any laws, because there's little we can do about it. Dialogue: 0,0:02:02.57,0:02:04.93,Default,,0000,0000,0000,,And I want to demonstrate that that, too, Dialogue: 0,0:02:04.93,0:02:06.87,Default,,0000,0000,0000,,is a dangerous myth, very dangerous. Dialogue: 0,0:02:06.87,0:02:09.29,Default,,0000,0000,0000,,It's a piece of public mischief. Dialogue: 0,0:02:09.29,0:02:11.88,Default,,0000,0000,0000,,And I want to speak a little bit, Dialogue: 0,0:02:11.88,0:02:14.13,Default,,0000,0000,0000,,take us back about 30 years. Dialogue: 0,0:02:14.13,0:02:16.12,Default,,0000,0000,0000,,We're coming out today from Trinidad and Tobago, Dialogue: 0,0:02:16.12,0:02:19.32,Default,,0000,0000,0000,,a resource-rich, small Caribbean country, Dialogue: 0,0:02:19.32,0:02:24.37,Default,,0000,0000,0000,,and in the early 1970s we had a massive increase in the country's wealth, Dialogue: 0,0:02:24.37,0:02:27.86,Default,,0000,0000,0000,,and that increase was caused by the increase in world oil prices. Dialogue: 0,0:02:27.86,0:02:30.90,Default,,0000,0000,0000,,We call them petrodollars. The treasury was bursting with money. Dialogue: 0,0:02:30.90,0:02:34.58,Default,,0000,0000,0000,,And it's ironic, because Dialogue: 0,0:02:34.58,0:02:36.62,Default,,0000,0000,0000,,we're standing today in the Central Bank. Dialogue: 0,0:02:36.62,0:02:38.82,Default,,0000,0000,0000,,You see, history's rich in irony. Dialogue: 0,0:02:38.82,0:02:40.64,Default,,0000,0000,0000,,We're standing today in the Central Bank, Dialogue: 0,0:02:40.64,0:02:44.02,Default,,0000,0000,0000,,and the Central Bank is responsible for a lot of the things I'm going to be speaking about. Dialogue: 0,0:02:44.02,0:02:47.34,Default,,0000,0000,0000,,Okay? We're talking about irresponsibility in public office. Dialogue: 0,0:02:47.34,0:02:50.09,Default,,0000,0000,0000,,We're speaking about the fact that across the terrace, Dialogue: 0,0:02:50.09,0:02:52.13,Default,,0000,0000,0000,,the next tower is the Ministry of Finance, Dialogue: 0,0:02:52.13,0:02:53.82,Default,,0000,0000,0000,,and there's a lot of connection with us today, Dialogue: 0,0:02:53.82,0:02:56.67,Default,,0000,0000,0000,,so we're speaking within your temple today. Okay? Dialogue: 0,0:02:56.67,0:03:01.57,Default,,0000,0000,0000,,(Applause) Dialogue: 0,0:03:01.57,0:03:03.81,Default,,0000,0000,0000,,The first thing I want to talk about is that Dialogue: 0,0:03:03.81,0:03:07.51,Default,,0000,0000,0000,,when all of this money flowed into our country about 40 years ago, Dialogue: 0,0:03:07.51,0:03:09.59,Default,,0000,0000,0000,,we embarked, the government of the day embarked Dialogue: 0,0:03:09.59,0:03:11.70,Default,,0000,0000,0000,,on a series of government-to-government arrangements Dialogue: 0,0:03:11.70,0:03:13.74,Default,,0000,0000,0000,,to have rapidly develop the country. Dialogue: 0,0:03:13.74,0:03:16.00,Default,,0000,0000,0000,,And some of the largest projects in the country Dialogue: 0,0:03:16.00,0:03:19.20,Default,,0000,0000,0000,,were being constructed through government-to-government arrangements Dialogue: 0,0:03:19.20,0:03:21.02,Default,,0000,0000,0000,,with some of the leading countries in the world, Dialogue: 0,0:03:21.02,0:03:23.73,Default,,0000,0000,0000,,the United States and Britain and France and so on and so on. Dialogue: 0,0:03:23.73,0:03:26.79,Default,,0000,0000,0000,,As I said, even this building we're standing in -- that's one of the ironies -- Dialogue: 0,0:03:26.79,0:03:28.48,Default,,0000,0000,0000,,this building was part of that series of complexes, Dialogue: 0,0:03:28.48,0:03:32.59,Default,,0000,0000,0000,,what they called the Twin Towers. Dialogue: 0,0:03:32.59,0:03:35.55,Default,,0000,0000,0000,,It became so outrageous, the whole situation, Dialogue: 0,0:03:35.55,0:03:38.43,Default,,0000,0000,0000,,that in fact a commission of inquiry was appointed, Dialogue: 0,0:03:38.43,0:03:42.43,Default,,0000,0000,0000,,and it reported in 1982, 30 years ago it reported -- Dialogue: 0,0:03:42.43,0:03:45.18,Default,,0000,0000,0000,,the Ballah Report -- 30 years ago, Dialogue: 0,0:03:45.18,0:03:49.11,Default,,0000,0000,0000,,and immediately the government-to-government arrangements were stopped. Dialogue: 0,0:03:49.11,0:03:51.02,Default,,0000,0000,0000,,The then-Prime Minister went to Parliament Dialogue: 0,0:03:51.02,0:03:54.22,Default,,0000,0000,0000,,to give a budget speech, and he said some things that I'll never forget. Dialogue: 0,0:03:54.22,0:03:56.52,Default,,0000,0000,0000,,They went right in here. I was a young man at the time. Dialogue: 0,0:03:56.52,0:03:57.90,Default,,0000,0000,0000,,It went right into my heart. Dialogue: 0,0:03:57.90,0:04:02.65,Default,,0000,0000,0000,,And he said that, in fact — Let me see if this thing works. Dialogue: 0,0:04:02.65,0:04:05.13,Default,,0000,0000,0000,,Are we getting a, yeah?— Dialogue: 0,0:04:05.13,0:04:07.13,Default,,0000,0000,0000,,That's what he told us. Dialogue: 0,0:04:07.13,0:04:11.27,Default,,0000,0000,0000,,He told us that, in fact, Dialogue: 0,0:04:11.27,0:04:14.19,Default,,0000,0000,0000,,two out of every three dollars of our petrodollars Dialogue: 0,0:04:14.19,0:04:16.58,Default,,0000,0000,0000,,that we spent, the taxpayers' money, Dialogue: 0,0:04:16.58,0:04:18.66,Default,,0000,0000,0000,,was wasted or stolen. Dialogue: 0,0:04:18.66,0:04:22.70,Default,,0000,0000,0000,,So the 10 or 15 percent is pure mischief. Dialogue: 0,0:04:22.70,0:04:24.81,Default,,0000,0000,0000,,As we say, it's a nancy-story. Forget it. Dialogue: 0,0:04:24.81,0:04:26.51,Default,,0000,0000,0000,,That's for little children. We are big people, Dialogue: 0,0:04:26.51,0:04:29.29,Default,,0000,0000,0000,,and we're trying to deal with what's happening in our society. Dialogue: 0,0:04:29.29,0:04:31.44,Default,,0000,0000,0000,,Okay? This is the size of the problem. Dialogue: 0,0:04:31.44,0:04:34.45,Default,,0000,0000,0000,,Okay? Two thirds of the money stolen or wasted. Dialogue: 0,0:04:34.45,0:04:37.89,Default,,0000,0000,0000,,That was 30 years ago. 1982 was Ballah. Dialogue: 0,0:04:37.89,0:04:39.95,Default,,0000,0000,0000,,So what has changed? Dialogue: 0,0:04:39.95,0:04:41.64,Default,,0000,0000,0000,,I don't like to bring up embarrassing secrets Dialogue: 0,0:04:41.64,0:04:44.20,Default,,0000,0000,0000,,to an international audience, but I have to. Dialogue: 0,0:04:44.20,0:04:47.71,Default,,0000,0000,0000,,Four months ago, we suffered a constitutional outrage in this country. Dialogue: 0,0:04:47.71,0:04:52.61,Default,,0000,0000,0000,,We call it the Section 34 fiasco, the Section 34 fiasco, Dialogue: 0,0:04:52.61,0:04:55.25,Default,,0000,0000,0000,,a suspicious piece of law, and I'm going to say it like it is, Dialogue: 0,0:04:55.25,0:04:56.61,Default,,0000,0000,0000,,a suspicious piece of law Dialogue: 0,0:04:56.61,0:04:58.75,Default,,0000,0000,0000,,was passed at a suspicious time Dialogue: 0,0:04:58.75,0:05:00.65,Default,,0000,0000,0000,,to free some suspects. (Laughter) Dialogue: 0,0:05:00.65,0:05:07.38,Default,,0000,0000,0000,,And it was called, those people are called Dialogue: 0,0:05:07.38,0:05:08.96,Default,,0000,0000,0000,,the Piarco Airport accused. Dialogue: 0,0:05:08.96,0:05:11.83,Default,,0000,0000,0000,,I'm going to have my own lexicon speaking here today. Dialogue: 0,0:05:11.83,0:05:13.66,Default,,0000,0000,0000,,They are the Piarco Airport accused. Dialogue: 0,0:05:13.66,0:05:16.55,Default,,0000,0000,0000,,It was a constitutional outrage of the first order, Dialogue: 0,0:05:16.55,0:05:20.61,Default,,0000,0000,0000,,and I have labeled it the Plot to Pervert Parliament. Dialogue: 0,0:05:20.61,0:05:23.71,Default,,0000,0000,0000,,Our highest institution in our country was perverted. Dialogue: 0,0:05:23.71,0:05:25.68,Default,,0000,0000,0000,,We are dealing with perverts here Dialogue: 0,0:05:25.68,0:05:27.40,Default,,0000,0000,0000,,of an economic and financial nature. Dialogue: 0,0:05:27.40,0:05:29.25,Default,,0000,0000,0000,,Do you get how serious this problem is? Dialogue: 0,0:05:29.25,0:05:31.36,Default,,0000,0000,0000,,There was massive protest. A lot of us in this room Dialogue: 0,0:05:31.36,0:05:34.07,Default,,0000,0000,0000,,took part in the protest in different forms. Dialogue: 0,0:05:34.07,0:05:36.89,Default,,0000,0000,0000,,Most importantly, the American embassy complained, Dialogue: 0,0:05:36.89,0:05:39.38,Default,,0000,0000,0000,,so Parliament was swiftly reconvened, Dialogue: 0,0:05:39.38,0:05:41.28,Default,,0000,0000,0000,,and the law was reversed, it was repealed. Dialogue: 0,0:05:41.28,0:05:43.23,Default,,0000,0000,0000,,That's the word lawyers use. It was repealed. Dialogue: 0,0:05:43.23,0:05:46.35,Default,,0000,0000,0000,,But the point is Dialogue: 0,0:05:46.35,0:05:50.04,Default,,0000,0000,0000,,that Parliament was outwitted in the whole course of events, Dialogue: 0,0:05:50.04,0:05:52.53,Default,,0000,0000,0000,,because what really happened is that, Dialogue: 0,0:05:52.53,0:05:55.60,Default,,0000,0000,0000,,because of the suspicious passage of that law, Dialogue: 0,0:05:55.60,0:05:57.92,Default,,0000,0000,0000,,the law was actually passed into effect Dialogue: 0,0:05:57.92,0:06:01.18,Default,,0000,0000,0000,,on the weekend we celebrated our 50th anniversary of independence, Dialogue: 0,0:06:01.18,0:06:02.74,Default,,0000,0000,0000,,our jubilee of independence. Dialogue: 0,0:06:02.74,0:06:04.76,Default,,0000,0000,0000,,So that is the kind of outrage of the thing. Dialogue: 0,0:06:04.76,0:06:08.18,Default,,0000,0000,0000,,It was kind of a nasty way to get maturation, but we got it, Dialogue: 0,0:06:08.18,0:06:09.86,Default,,0000,0000,0000,,because we all understood it, Dialogue: 0,0:06:09.86,0:06:11.62,Default,,0000,0000,0000,,and for the first time that I could remember, Dialogue: 0,0:06:11.62,0:06:15.17,Default,,0000,0000,0000,,there were mass protests against this corruption. Dialogue: 0,0:06:15.17,0:06:17.36,Default,,0000,0000,0000,,And that gave me a lot of hope. Okay? Dialogue: 0,0:06:17.36,0:06:19.22,Default,,0000,0000,0000,,Those of us who are, sometimes you feel like Dialogue: 0,0:06:19.22,0:06:22.59,Default,,0000,0000,0000,,you're a little bit on your own doing some of this work. Dialogue: 0,0:06:22.59,0:06:26.04,Default,,0000,0000,0000,,That passage of the law and the repeal of the law Dialogue: 0,0:06:26.04,0:06:30.02,Default,,0000,0000,0000,,fortified the case of the Piarco Airport accused. Dialogue: 0,0:06:30.02,0:06:34.63,Default,,0000,0000,0000,,So it was one of those really superior double bluff kind of things that took place. Dialogue: 0,0:06:34.63,0:06:36.52,Default,,0000,0000,0000,,But what were they accused of? Dialogue: 0,0:06:36.52,0:06:37.63,Default,,0000,0000,0000,,What was it that they were accused of? Dialogue: 0,0:06:37.63,0:06:40.91,Default,,0000,0000,0000,,I'm being a bit mysterious for those of you out there. What were they accused of? Dialogue: 0,0:06:40.91,0:06:43.49,Default,,0000,0000,0000,,We were trying to build, or reconstruct largely, Dialogue: 0,0:06:43.49,0:06:46.09,Default,,0000,0000,0000,,an airport that had grown outdated. Dialogue: 0,0:06:46.09,0:06:49.88,Default,,0000,0000,0000,,The entire project cost about 1.6 billion dollars, Dialogue: 0,0:06:49.88,0:06:52.45,Default,,0000,0000,0000,,Trinidad and Tobago dollars, Dialogue: 0,0:06:52.45,0:06:55.61,Default,,0000,0000,0000,,and in fact, we had a lot of bid-rigging Dialogue: 0,0:06:55.61,0:06:58.80,Default,,0000,0000,0000,,and suspicious activity, corrupt activity took place. Dialogue: 0,0:06:58.80,0:07:02.89,Default,,0000,0000,0000,,And to get an idea of what it consisted of, Dialogue: 0,0:07:02.89,0:07:05.77,Default,,0000,0000,0000,,and to put it in context in relationship to this whole Dialogue: 0,0:07:05.77,0:07:08.20,Default,,0000,0000,0000,,second myth about it being no big thing, Dialogue: 0,0:07:08.20,0:07:10.97,Default,,0000,0000,0000,,we can look at this second slide here. Dialogue: 0,0:07:10.97,0:07:14.66,Default,,0000,0000,0000,,And what we have here -- I am not saying so, Dialogue: 0,0:07:14.66,0:07:19.47,Default,,0000,0000,0000,,this is the Director of Public Prosecutions in a written statement. He said so. Dialogue: 0,0:07:19.47,0:07:23.94,Default,,0000,0000,0000,,And he's telling us that for the $1.6 billion cost of the project, Dialogue: 0,0:07:23.94,0:07:26.14,Default,,0000,0000,0000,,one billion dollars has been traced Dialogue: 0,0:07:26.14,0:07:27.90,Default,,0000,0000,0000,,to offshore bank accounts. Dialogue: 0,0:07:27.90,0:07:30.06,Default,,0000,0000,0000,,One billion dollars of our taxpayers' money Dialogue: 0,0:07:30.06,0:07:33.46,Default,,0000,0000,0000,,has been located in offshore bank accounts. Dialogue: 0,0:07:33.46,0:07:35.57,Default,,0000,0000,0000,,Being the kind of suspicious person I am, Dialogue: 0,0:07:35.57,0:07:38.29,Default,,0000,0000,0000,,I am outraged at that, and I'm going to pause here, Dialogue: 0,0:07:38.29,0:07:40.79,Default,,0000,0000,0000,,I'm going to pause now and again and bring in different things. Dialogue: 0,0:07:40.79,0:07:42.60,Default,,0000,0000,0000,,I'm going to pause here and bring in something I saw Dialogue: 0,0:07:42.60,0:07:46.34,Default,,0000,0000,0000,,in November last year at Wall Street. I was at Zuccotti Park. Dialogue: 0,0:07:46.34,0:07:50.54,Default,,0000,0000,0000,,It was autumn. It was cool. It was damp. It was getting dark. Dialogue: 0,0:07:50.54,0:07:52.47,Default,,0000,0000,0000,,And I was walking around with the protesters Dialogue: 0,0:07:52.47,0:07:56.76,Default,,0000,0000,0000,,looking at the One Wall Street, Occupy Wall Street movement walking around. Dialogue: 0,0:07:56.76,0:07:59.08,Default,,0000,0000,0000,,And there was a lady with a sign, a very simple sign, Dialogue: 0,0:07:59.08,0:08:01.51,Default,,0000,0000,0000,,a kind of battered-looking blonde lady, Dialogue: 0,0:08:01.51,0:08:04.33,Default,,0000,0000,0000,,and the sign was made out of Bristol board, as we say in these parts, Dialogue: 0,0:08:04.33,0:08:06.32,Default,,0000,0000,0000,,and it was made with a marker. Dialogue: 0,0:08:06.32,0:08:08.84,Default,,0000,0000,0000,,And what it said on that sign hit me right in the center. Dialogue: 0,0:08:08.84,0:08:13.25,Default,,0000,0000,0000,,It said, "If you're not outraged, you haven't been paying attention." Dialogue: 0,0:08:13.25,0:08:16.23,Default,,0000,0000,0000,,If you're not outraged by all of this, you haven't been paying attention. Dialogue: 0,0:08:16.23,0:08:20.36,Default,,0000,0000,0000,,So listen up, because we're getting into even deeper waters. Dialogue: 0,0:08:20.36,0:08:22.52,Default,,0000,0000,0000,,My brain started thinking. Dialogue: 0,0:08:22.52,0:08:25.41,Default,,0000,0000,0000,,Well, what if -- Dialogue: 0,0:08:25.41,0:08:28.62,Default,,0000,0000,0000,,because I'm suspicious like that. I read a lot of spy novels and stuff. Dialogue: 0,0:08:28.62,0:08:30.30,Default,,0000,0000,0000,,What if -- (Laughter) Dialogue: 0,0:08:30.30,0:08:32.82,Default,,0000,0000,0000,,But to make it in these wrongs, Dialogue: 0,0:08:32.82,0:08:34.44,Default,,0000,0000,0000,,you have to read a lot of spy novels Dialogue: 0,0:08:34.44,0:08:37.01,Default,,0000,0000,0000,,and follow some of that stuff, right? (Laughter) Dialogue: 0,0:08:37.01,0:08:41.58,Default,,0000,0000,0000,,But what if this wasn't the first time? Dialogue: 0,0:08:41.58,0:08:44.16,Default,,0000,0000,0000,,What if this is just the first time Dialogue: 0,0:08:44.16,0:08:46.50,Default,,0000,0000,0000,,that the so-and-sos had been caught? Dialogue: 0,0:08:46.50,0:08:51.63,Default,,0000,0000,0000,,What if it had happened before? How would I find out? Dialogue: 0,0:08:51.63,0:08:54.12,Default,,0000,0000,0000,,Now, the previous two examples I gave Dialogue: 0,0:08:54.12,0:08:58.17,Default,,0000,0000,0000,,were to do with construction sector corruption, okay? Dialogue: 0,0:08:58.17,0:09:00.20,Default,,0000,0000,0000,,And I have the privilege at this time Dialogue: 0,0:09:00.20,0:09:03.58,Default,,0000,0000,0000,,to lead the Joint Consultative Council, which is a not-for-profit. Dialogue: 0,0:09:03.58,0:09:07.18,Default,,0000,0000,0000,,We're at jcc.org.tt, and we have the -- we are the leaders Dialogue: 0,0:09:07.18,0:09:10.40,Default,,0000,0000,0000,,in the struggle to produce a new public procurement system Dialogue: 0,0:09:10.40,0:09:12.56,Default,,0000,0000,0000,,about how public money is transacted. Dialogue: 0,0:09:12.56,0:09:14.77,Default,,0000,0000,0000,,So those of you interested in finding out more about it, Dialogue: 0,0:09:14.77,0:09:19.05,Default,,0000,0000,0000,,or joining us or signing up on any of our petitions, please get involved. Dialogue: 0,0:09:19.05,0:09:21.31,Default,,0000,0000,0000,,But I'm going to segue to another thing that relates, Dialogue: 0,0:09:21.31,0:09:24.08,Default,,0000,0000,0000,,because one of my private campaigns I've been conducting Dialogue: 0,0:09:24.08,0:09:26.42,Default,,0000,0000,0000,,for over three and a half years Dialogue: 0,0:09:26.42,0:09:28.91,Default,,0000,0000,0000,,is for transparency and accountability Dialogue: 0,0:09:28.91,0:09:32.01,Default,,0000,0000,0000,,around the bailout of CL Financial. Dialogue: 0,0:09:32.01,0:09:37.01,Default,,0000,0000,0000,,CL Financial is the Caribbean's largest ever conglomerate, okay? Dialogue: 0,0:09:37.01,0:09:39.93,Default,,0000,0000,0000,,And without getting into all of the details, Dialogue: 0,0:09:39.93,0:09:42.95,Default,,0000,0000,0000,,it is said to have collapsed — I'm using my words very carefully — Dialogue: 0,0:09:42.95,0:09:45.78,Default,,0000,0000,0000,,it's said to have collapsed in January of '09, Dialogue: 0,0:09:45.78,0:09:49.45,Default,,0000,0000,0000,,which is just coming up to nearly four years. Dialogue: 0,0:09:49.45,0:09:52.26,Default,,0000,0000,0000,,In an unprecedented fit of generosity -- Dialogue: 0,0:09:52.26,0:09:54.75,Default,,0000,0000,0000,,and you have to be very suspicious about these people -- Dialogue: 0,0:09:54.75,0:09:57.38,Default,,0000,0000,0000,,in an unprecedented — and I'm using that word carefully — Dialogue: 0,0:09:57.38,0:10:01.26,Default,,0000,0000,0000,,unprecedented fit of generosity, the government of the day Dialogue: 0,0:10:01.26,0:10:04.92,Default,,0000,0000,0000,,signed, made a written commitment, to repay all of the creditors. Dialogue: 0,0:10:04.92,0:10:07.24,Default,,0000,0000,0000,,And I can tell you without fear of contradiction Dialogue: 0,0:10:07.24,0:10:10.42,Default,,0000,0000,0000,,that hasn't happened anywhere else on the planet. Dialogue: 0,0:10:10.42,0:10:12.33,Default,,0000,0000,0000,,Let's understand, because we lack context. Dialogue: 0,0:10:12.33,0:10:15.34,Default,,0000,0000,0000,,People are telling us it's just like Wall Street. It's not just like Wall Street. Dialogue: 0,0:10:15.34,0:10:19.83,Default,,0000,0000,0000,,Trinidad and Tobago is like a place with different laws of physics or biology or something. Dialogue: 0,0:10:19.83,0:10:24.57,Default,,0000,0000,0000,,It's not just like anywhere. (Applause) Dialogue: 0,0:10:24.57,0:10:29.72,Default,,0000,0000,0000,,It's not just like anywhere. It's not just like anywhere. Dialogue: 0,0:10:29.72,0:10:32.56,Default,,0000,0000,0000,,Here is here, and out there is out there. Okay? Dialogue: 0,0:10:32.56,0:10:33.89,Default,,0000,0000,0000,,I'm serious now. Dialogue: 0,0:10:33.89,0:10:36.87,Default,,0000,0000,0000,,Listen. They've had bailouts on Wall Street. Dialogue: 0,0:10:36.87,0:10:38.82,Default,,0000,0000,0000,,They've had bailouts in London. Dialogue: 0,0:10:38.82,0:10:40.96,Default,,0000,0000,0000,,They've had bailouts in Europe. Dialogue: 0,0:10:40.96,0:10:43.63,Default,,0000,0000,0000,,In Africa, they've had bailouts. In Nigeria, six of the major Dialogue: 0,0:10:43.63,0:10:46.19,Default,,0000,0000,0000,,commercial banks collapsed at the same time as ours, eh? Dialogue: 0,0:10:46.19,0:10:48.43,Default,,0000,0000,0000,,It's interesting to parallel how the Nigerian experience has -- Dialogue: 0,0:10:48.43,0:10:50.82,Default,,0000,0000,0000,,how they've treated it, and they've treated it Dialogue: 0,0:10:50.82,0:10:52.69,Default,,0000,0000,0000,,very well compared to us. Dialogue: 0,0:10:52.69,0:10:54.63,Default,,0000,0000,0000,,Nowhere on the planet Dialogue: 0,0:10:54.63,0:10:57.33,Default,,0000,0000,0000,,have all the creditors been bailed out Dialogue: 0,0:10:57.33,0:10:59.62,Default,,0000,0000,0000,,in excess of what their statutory entitlements were. Dialogue: 0,0:10:59.62,0:11:03.21,Default,,0000,0000,0000,,Only here. So what was the reason for the generosity? Dialogue: 0,0:11:03.21,0:11:06.01,Default,,0000,0000,0000,,Is our government that generous? And maybe they are. Dialogue: 0,0:11:06.01,0:11:08.03,Default,,0000,0000,0000,,Let's look at it. Let's look into it. Dialogue: 0,0:11:08.03,0:11:10.80,Default,,0000,0000,0000,,So I started digging and writing and so and so on, Dialogue: 0,0:11:10.80,0:11:12.61,Default,,0000,0000,0000,,and that work can be found, my personal work Dialogue: 0,0:11:12.61,0:11:15.99,Default,,0000,0000,0000,,can be found at AfraRaymond.com, which is my name. Dialogue: 0,0:11:15.99,0:11:18.86,Default,,0000,0000,0000,,It's a not-for-profit blog that I run. Dialogue: 0,0:11:18.86,0:11:21.38,Default,,0000,0000,0000,,Not as popular as some of the other people, but there you go. Dialogue: 0,0:11:21.38,0:11:23.64,Default,,0000,0000,0000,,(Laughter) Dialogue: 0,0:11:23.64,0:11:28.13,Default,,0000,0000,0000,,But the point is that the bitter experience of Section 34, Dialogue: 0,0:11:28.13,0:11:30.59,Default,,0000,0000,0000,,that plot to pervert Parliament, that bitter experience Dialogue: 0,0:11:30.59,0:11:33.67,Default,,0000,0000,0000,,that took place in August, Dialogue: 0,0:11:33.67,0:11:36.57,Default,,0000,0000,0000,,when we were supposed to be celebrating our independence, Dialogue: 0,0:11:36.57,0:11:41.24,Default,,0000,0000,0000,,going into September, forced me to check myself Dialogue: 0,0:11:41.24,0:11:43.29,Default,,0000,0000,0000,,and recalculate my bearings, Dialogue: 0,0:11:43.29,0:11:45.52,Default,,0000,0000,0000,,and to go back into some of the work, some of the stuff I'd written Dialogue: 0,0:11:45.52,0:11:47.78,Default,,0000,0000,0000,,and some of the exchanges I'd had with the officials Dialogue: 0,0:11:47.78,0:11:49.79,Default,,0000,0000,0000,,to see what was really what. Dialogue: 0,0:11:49.79,0:11:53.90,Default,,0000,0000,0000,,As we say in Trinidad and Tobago, who is who and what is what? Dialogue: 0,0:11:53.90,0:11:55.72,Default,,0000,0000,0000,,Okay? We want to try to recalculate. Dialogue: 0,0:11:55.72,0:11:58.15,Default,,0000,0000,0000,,And I made a Freedom of Information application Dialogue: 0,0:11:58.15,0:12:02.06,Default,,0000,0000,0000,,in May this year to the Ministry of Finance. Dialogue: 0,0:12:02.06,0:12:04.12,Default,,0000,0000,0000,,The Ministry of Finance is the next tower over. Dialogue: 0,0:12:04.12,0:12:05.79,Default,,0000,0000,0000,,This is the other context. Dialogue: 0,0:12:05.79,0:12:07.87,Default,,0000,0000,0000,,The Ministry of Finance, we are told, Dialogue: 0,0:12:07.87,0:12:11.70,Default,,0000,0000,0000,,is subject to the provisions of the Freedom of Information Act. Dialogue: 0,0:12:11.70,0:12:15.00,Default,,0000,0000,0000,,I'm going to take you through a worked example of whether that's really so. Dialogue: 0,0:12:15.00,0:12:17.89,Default,,0000,0000,0000,,The Central Bank in which we stand this morning Dialogue: 0,0:12:17.89,0:12:22.09,Default,,0000,0000,0000,,is immune from the provisions of the Freedom of Information Act. Dialogue: 0,0:12:22.09,0:12:23.77,Default,,0000,0000,0000,,So in fact, you can't ask them anything, Dialogue: 0,0:12:23.77,0:12:25.46,Default,,0000,0000,0000,,and they don't have to answer anything. Dialogue: 0,0:12:25.46,0:12:28.28,Default,,0000,0000,0000,,That is the law since 1999. Dialogue: 0,0:12:28.28,0:12:31.86,Default,,0000,0000,0000,,So I plunged into this struggle, and I asked four questions. Dialogue: 0,0:12:31.86,0:12:35.55,Default,,0000,0000,0000,,And I'll relate the questions to you in the short form with the reply, Dialogue: 0,0:12:35.55,0:12:38.16,Default,,0000,0000,0000,,so you could understand, as I said, where we are. Dialogue: 0,0:12:38.16,0:12:39.68,Default,,0000,0000,0000,,Here is not like anywhere else. Dialogue: 0,0:12:39.68,0:12:42.66,Default,,0000,0000,0000,,Question number one: Dialogue: 0,0:12:42.66,0:12:45.25,Default,,0000,0000,0000,,I asked to see the accounts of CL Financial, Dialogue: 0,0:12:45.25,0:12:47.72,Default,,0000,0000,0000,,and if you can't show me the accounts -- Dialogue: 0,0:12:47.72,0:12:49.69,Default,,0000,0000,0000,,the Minister of Finance is making statements, Dialogue: 0,0:12:49.69,0:12:52.30,Default,,0000,0000,0000,,passing new laws and giving speeches and so on. Dialogue: 0,0:12:52.30,0:12:54.59,Default,,0000,0000,0000,,What are the figures he's relying on? Dialogue: 0,0:12:54.59,0:12:57.21,Default,,0000,0000,0000,,It's like that joke: I want whatever he's drinking. Dialogue: 0,0:12:57.21,0:12:58.81,Default,,0000,0000,0000,,And they wrote back and said to me, Dialogue: 0,0:12:58.81,0:13:00.52,Default,,0000,0000,0000,,well what do you really mean? Dialogue: 0,0:13:00.52,0:13:02.92,Default,,0000,0000,0000,,So they hit my question with a question. Dialogue: 0,0:13:02.92,0:13:06.04,Default,,0000,0000,0000,,Second point: I want to see Dialogue: 0,0:13:06.04,0:13:09.74,Default,,0000,0000,0000,,who are the creditors of the group who have been repaid? Dialogue: 0,0:13:09.74,0:13:11.74,Default,,0000,0000,0000,,Let me pause here to point out to you all Dialogue: 0,0:13:11.74,0:13:15.42,Default,,0000,0000,0000,,that 24 billion dollars of our money has been spent on this. Dialogue: 0,0:13:15.42,0:13:17.82,Default,,0000,0000,0000,,That is about three and a half billion U.S. dollars Dialogue: 0,0:13:17.82,0:13:21.32,Default,,0000,0000,0000,,coming out of a small -- we used to be resource-rich -- Dialogue: 0,0:13:21.32,0:13:23.69,Default,,0000,0000,0000,,Caribbean country. Okay? Dialogue: 0,0:13:23.69,0:13:25.24,Default,,0000,0000,0000,,And I asked the question, Dialogue: 0,0:13:25.24,0:13:29.38,Default,,0000,0000,0000,,who was getting that three and a half billion dollars? Dialogue: 0,0:13:29.38,0:13:31.64,Default,,0000,0000,0000,,And I want to pause again to bring up context, Dialogue: 0,0:13:31.64,0:13:35.04,Default,,0000,0000,0000,,because context helps us to get clarity understanding this thing. Dialogue: 0,0:13:35.04,0:13:37.61,Default,,0000,0000,0000,,There's a particular individual who is in the government now. Dialogue: 0,0:13:37.61,0:13:39.33,Default,,0000,0000,0000,,The name of the person doesn't matter. Dialogue: 0,0:13:39.33,0:13:41.88,Default,,0000,0000,0000,,And that person made a career Dialogue: 0,0:13:41.88,0:13:44.24,Default,,0000,0000,0000,,out of using the Freedom of Information Act Dialogue: 0,0:13:44.24,0:13:46.36,Default,,0000,0000,0000,,to advance his political cause. Dialogue: 0,0:13:46.36,0:13:49.61,Default,,0000,0000,0000,,Okay? His name isn't important. Dialogue: 0,0:13:49.61,0:13:51.94,Default,,0000,0000,0000,,I wouldn't dignify it. I'm on a point. Dialogue: 0,0:13:51.94,0:13:54.36,Default,,0000,0000,0000,,The point is, that person made a career out of using Dialogue: 0,0:13:54.36,0:13:57.32,Default,,0000,0000,0000,,the Freedom of Information Act to advance his cause. Dialogue: 0,0:13:57.32,0:13:59.64,Default,,0000,0000,0000,,And the most famous case Dialogue: 0,0:13:59.64,0:14:02.53,Default,,0000,0000,0000,,was what we came to call the Secret Scholarship Scandal, Dialogue: 0,0:14:02.53,0:14:05.42,Default,,0000,0000,0000,,where in fact there was about 60 million dollars in government money Dialogue: 0,0:14:05.42,0:14:08.29,Default,,0000,0000,0000,,that had been dispersed in a series of scholarships, Dialogue: 0,0:14:08.29,0:14:11.02,Default,,0000,0000,0000,,and the scholarships hadn't been advertised, and so and so on and so on. Dialogue: 0,0:14:11.02,0:14:14.01,Default,,0000,0000,0000,,And he was able to get the court, using that act of Parliament, Dialogue: 0,0:14:14.01,0:14:15.64,Default,,0000,0000,0000,,Freedom of Information Act, Dialogue: 0,0:14:15.64,0:14:17.62,Default,,0000,0000,0000,,to release the information, Dialogue: 0,0:14:17.62,0:14:20.98,Default,,0000,0000,0000,,and I thought that was excellent. Dialogue: 0,0:14:20.98,0:14:24.15,Default,,0000,0000,0000,,Fantastic. Dialogue: 0,0:14:24.15,0:14:26.10,Default,,0000,0000,0000,,But you see, the question is this: Dialogue: 0,0:14:26.10,0:14:30.31,Default,,0000,0000,0000,,If it's right and proper for us to use the Freedom of Information Act Dialogue: 0,0:14:30.31,0:14:34.04,Default,,0000,0000,0000,,and to use the court Dialogue: 0,0:14:34.04,0:14:38.78,Default,,0000,0000,0000,,to force a disclosure about 60 million dollars in public money, Dialogue: 0,0:14:38.78,0:14:40.47,Default,,0000,0000,0000,,it must be right and proper Dialogue: 0,0:14:40.47,0:14:44.61,Default,,0000,0000,0000,,for us to force a disclosure about 24 billion dollars. Dialogue: 0,0:14:44.61,0:14:47.20,Default,,0000,0000,0000,,You see? But the Ministry of Finance, Dialogue: 0,0:14:47.20,0:14:48.80,Default,,0000,0000,0000,,the Permanent Secretary of the Ministry of Finance, Dialogue: 0,0:14:48.80,0:14:51.86,Default,,0000,0000,0000,,wrote me and said to me, that information is exempt too. Dialogue: 0,0:14:51.86,0:14:54.85,Default,,0000,0000,0000,,You see? This is what we're dealing with, okay? Dialogue: 0,0:14:54.85,0:14:56.98,Default,,0000,0000,0000,,The third thing I will tell you Dialogue: 0,0:14:56.98,0:14:59.99,Default,,0000,0000,0000,,is that I also asked Dialogue: 0,0:14:59.99,0:15:02.98,Default,,0000,0000,0000,,for the directors of CL Financial, Dialogue: 0,0:15:02.98,0:15:07.33,Default,,0000,0000,0000,,whether in fact they were making filings under our Integrity in Public Life Act. Dialogue: 0,0:15:07.33,0:15:08.95,Default,,0000,0000,0000,,We have an Integrity in Public Life Act Dialogue: 0,0:15:08.95,0:15:13.70,Default,,0000,0000,0000,,as part of our framework supposed to safeguard the nation's interest. Dialogue: 0,0:15:13.70,0:15:15.98,Default,,0000,0000,0000,,And public officials are supposed to file Dialogue: 0,0:15:15.98,0:15:22.45,Default,,0000,0000,0000,,to say what it is they have in terms of assets and liabilities. Dialogue: 0,0:15:22.45,0:15:24.86,Default,,0000,0000,0000,,And of course I've since discovered that they're not filing, Dialogue: 0,0:15:24.86,0:15:27.74,Default,,0000,0000,0000,,and in fact the Minister of Finance has not even asked them to file. Dialogue: 0,0:15:27.74,0:15:32.66,Default,,0000,0000,0000,,So here we have it. We have a situation where Dialogue: 0,0:15:32.66,0:15:37.56,Default,,0000,0000,0000,,the basic safeguards of integrity and accountability Dialogue: 0,0:15:37.56,0:15:39.55,Default,,0000,0000,0000,,and transparency have all been discarded. Dialogue: 0,0:15:39.55,0:15:41.79,Default,,0000,0000,0000,,I've asked the question in the legal and required fashion. Dialogue: 0,0:15:41.79,0:15:44.28,Default,,0000,0000,0000,,It's been ignored. Dialogue: 0,0:15:44.28,0:15:47.46,Default,,0000,0000,0000,,The sort of thing that motivated us around Section 34, Dialogue: 0,0:15:47.46,0:15:50.06,Default,,0000,0000,0000,,we need to continue to work on that. We can't forget it. Dialogue: 0,0:15:50.06,0:15:53.66,Default,,0000,0000,0000,,I have defined this as the single largest expenditure in the country's history. Dialogue: 0,0:15:53.66,0:15:56.24,Default,,0000,0000,0000,,It's also the single largest example Dialogue: 0,0:15:56.24,0:16:01.25,Default,,0000,0000,0000,,of public corruption according to this equation. Dialogue: 0,0:16:01.25,0:16:04.22,Default,,0000,0000,0000,,And this is my reality check. Dialogue: 0,0:16:04.22,0:16:06.56,Default,,0000,0000,0000,,Where you have an expenditure of public money Dialogue: 0,0:16:06.56,0:16:09.52,Default,,0000,0000,0000,,and it is without accountability Dialogue: 0,0:16:09.52,0:16:11.16,Default,,0000,0000,0000,,and it's without transparency, Dialogue: 0,0:16:11.16,0:16:13.41,Default,,0000,0000,0000,,it will always be equal to corruption, Dialogue: 0,0:16:13.41,0:16:16.62,Default,,0000,0000,0000,,whether you're in Russia or Nigeria or Alaska, Dialogue: 0,0:16:16.62,0:16:20.82,Default,,0000,0000,0000,,it will always be equal to corruption, and that is what we are dealing with here. Dialogue: 0,0:16:20.82,0:16:23.13,Default,,0000,0000,0000,,I'm going to continue the work Dialogue: 0,0:16:23.13,0:16:27.48,Default,,0000,0000,0000,,to press on, to get some resolution Dialogue: 0,0:16:27.48,0:16:29.19,Default,,0000,0000,0000,,of those matters at the Ministry of Finance. Dialogue: 0,0:16:29.19,0:16:31.74,Default,,0000,0000,0000,,If it is I have to go to court personally, I will do that. Dialogue: 0,0:16:31.74,0:16:32.93,Default,,0000,0000,0000,,We will continue to press on. Dialogue: 0,0:16:32.93,0:16:34.88,Default,,0000,0000,0000,,We will continue to work within JCC. Dialogue: 0,0:16:34.88,0:16:37.58,Default,,0000,0000,0000,,But I want to step back from the Trinidad and Tobago context Dialogue: 0,0:16:37.58,0:16:39.50,Default,,0000,0000,0000,,and bring something new to the table Dialogue: 0,0:16:39.50,0:16:41.32,Default,,0000,0000,0000,,in terms of an international example. Dialogue: 0,0:16:41.32,0:16:44.22,Default,,0000,0000,0000,,We had the journalist [Heather] Brooke speaking Dialogue: 0,0:16:44.22,0:16:46.54,Default,,0000,0000,0000,,about her battle against government corruption, Dialogue: 0,0:16:46.54,0:16:51.98,Default,,0000,0000,0000,,and she introduced me to this website, Alaveteli.com. Dialogue: 0,0:16:51.98,0:16:56.65,Default,,0000,0000,0000,,And Alaveteli.com is a way for us to have an open database Dialogue: 0,0:16:56.65,0:16:59.43,Default,,0000,0000,0000,,for Freedom of Information applications, Dialogue: 0,0:16:59.43,0:17:01.54,Default,,0000,0000,0000,,and speak with each other. Dialogue: 0,0:17:01.54,0:17:03.78,Default,,0000,0000,0000,,I could see what you're applying for. Dialogue: 0,0:17:03.78,0:17:07.31,Default,,0000,0000,0000,,You could see what I applied for and what replies I got. Dialogue: 0,0:17:07.31,0:17:10.25,Default,,0000,0000,0000,,We can work on it together. We need to build a collective database Dialogue: 0,0:17:10.25,0:17:13.55,Default,,0000,0000,0000,,and a collective understanding of where we are to go to the next point. Dialogue: 0,0:17:13.55,0:17:15.19,Default,,0000,0000,0000,,We need to increase the consciousness. Dialogue: 0,0:17:15.19,0:17:19.25,Default,,0000,0000,0000,,The final thing I want to say is in relation to this one, Dialogue: 0,0:17:19.25,0:17:21.02,Default,,0000,0000,0000,,which is a lovely website from India Dialogue: 0,0:17:21.02,0:17:23.47,Default,,0000,0000,0000,,called IPaidABribe.com. Dialogue: 0,0:17:23.47,0:17:25.25,Default,,0000,0000,0000,,They have international branches, Dialogue: 0,0:17:25.25,0:17:27.70,Default,,0000,0000,0000,,and it's important for us to tune into this one. Dialogue: 0,0:17:27.70,0:17:30.15,Default,,0000,0000,0000,,IPaidABribe.com is really important, Dialogue: 0,0:17:30.15,0:17:32.57,Default,,0000,0000,0000,,a good one to log on to and see. Dialogue: 0,0:17:32.57,0:17:35.20,Default,,0000,0000,0000,,I'm going to pause there. I'm going to ask you for your courage. Dialogue: 0,0:17:35.20,0:17:37.42,Default,,0000,0000,0000,,Discard the first myth; it is a crime. Dialogue: 0,0:17:37.42,0:17:39.73,Default,,0000,0000,0000,,Discard the second myth; it is a big thing. Dialogue: 0,0:17:39.73,0:17:42.23,Default,,0000,0000,0000,,It's a huge problem. It's an economic crime. Dialogue: 0,0:17:42.23,0:17:44.28,Default,,0000,0000,0000,,And let us continue working together Dialogue: 0,0:17:44.28,0:17:45.75,Default,,0000,0000,0000,,to betterment in this situation, Dialogue: 0,0:17:45.75,0:17:49.56,Default,,0000,0000,0000,,stability and sustainability in our society. Thank you.