Companies that no longer operate continue to require public funding in Trinidad and Tobago’s fiscal 2027 budget, Guardian Media reports. Its review describes legacy costs including claims, pensions, audits and liquidation work. Caroni (1975) Limited is allocated a little over TT$14 million for claims and pension related payments, according to the report.
The story separates the cost of closing an institution from the date it stopped trading. An allocation is planned public expenditure, rather than proof that the whole amount has already been paid. Guardian’s broader review puts several closed companies’ combined budget cost around TT$60 million, with individual obligations continuing to require scrutiny.
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