And while it’s the government that has to pay all those hundreds of millions with taxpayers’ dollars – what role does BTL play? True, it’s government that acquired the Aschroft Alliance’s 45 million shares, for which it got super majority share-holding in BTL, but it would be ideal if they could recoup what has turned out to be a very costly investment. Today, BTL’s Chairman of the Executive Committee Anwar Barrow said it is a matter strictly for government:…
Anwar Barrow - Chairman, BTL Executive Committee
"As far as the award of the arbitration tribunal, that's a government matter that is between the government and the former shareholders. So whether there is an award, how much the award is, you really have to pose the question to the government."
Jules Vasquez
"Does the executive management of BTL feel any pressure to earn at a level or to make profits at a level which would justify the rather costly acquisition of BTL?"
Anwar Barrow - Chairman, BTL Executive Committee
"I think that's a question for the board and not the management because the board sets policy and then the management executes it. So that's really a policy question and far as you know how much you want to push financially and that's something you have to ask the board."
Jules Vasquez
"You're a member of the board."
Anwar Barrow - Chairman, BTL Executive Committee
"I am a member of the board but I'm not authorised to speak on board policy here. I am authorised to speak on how the company has done and what we're doing as a management team."
Jules Vasquez
"You sound like you the dodge."
Anwar Barrow - Chairman, BTL Executive Committee
"No but that's the truth, that's the fact."
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