When CL Financial — the largest financial institution in Trinidad and Tobago — collapsed in January of 2009, its bailout was far more sweeping than those offered in other countries. “In an unprecedented fit of generosity — and I use that word carefully — the government of the day made a written commitment to repay […]Continue reading
Why you should listen
Afra Raymond calls out government corruption, demanding more transparency and accountability from the leaders of Trinidad and Tobago. His work in recent years has focused on the CL Financial collapse of 2009 and subsequent government bailout, which Raymond says operated “with different laws of physics” than bailouts of financial institutions in other countries. Writing on topics like white-collar crime, good governance and national development, Raymond shows that corruption shouldn't be a given. He wrote the column “Property Matters” in The Business Guardian from 2004 through 2012. Now, he writes on his own website, AfraRaymond.com.
Raymond looks at corruption through his lens as an expert in the fields of property valuation, project appraisal, development planning and management. He is a Chartered Surveyor and Managing Director of Raymond & Pierre Limited and was elected a Fellow of the Royal Institution of Chartered Surveyors (RICS) in January 2011. He has served on a number of Boards in various positions including Executive Member of the Federation of Black Housing Organizations (FBHO) in London, Board member of the Trinidad Building & Loan Association (TBLA), Director of EPL Properties Limited (EPL), a wholly-owned subsidiary of Eastern Credit Union (ECU) and Immediate Past-President of the Institute of Surveyors of Trinidad & Tobago (ISTT).
What others say
“Afra Raymond is a Trinidad and Tobago journalist whose effective work on the CL Financial scandal has continually exposed the unethical and illegal actions of many of the main players in the financial debacle. ” — Barbados Free Press