Tag Archives: Karen Nunez-Tesheira

The Guardian affair: a breach of basic media ethics

Guardian Editor Anthony Wilson threatens Barbados Free Press

The following column by Afra Raymond was spawned by events associated with two of our recent stories. On December 30, 2011, Barbados Free Press published Afra’s piece Did former T&T Finance Minister break her oath over CLICO insider trading?

After it all hit the fan between The Guardian and Afra Raymond, BFP published our January 4, 2012 post: Afra Raymond resigns from Trinidad & Tobago Guardian: Paper wants politicians to preview articles.

That resignation story brought T&T Guardian editor Anthony Wilson to BFP. Mr. Wilson was not a happy camper. It sure was unexpected to see a news media professional so upset by a little old blog like BFP to the point where Mr. Wilson threatened us with legal action.

Hey… we’re just telling it like it happened. I guess we expected some of that “I disapprove of what you say, but I will defend to the death your right to say it” stuff from Mr. Wilson. Wuhloss! What a disappointment.

Here’s Afra Raymond’s latest in the saga. Let ‘er rip, Afra!

Media Integrity

by Afra Raymond

For those who are only now joining the story, this is a summary of what I feel are the vital issues here.  My commentary column on the former Minister of Finance, Karen Nunez-Tesheira, was sent to her for comment by the Guardian’s Acting Editor-in-Chief, Anthony Wilson.  That is a completely improper action, which is a breach of basic media ethics.  When I challenged that action as being surprising and unprecedented, Wilson responded that “…It is by no means unprecedented territory…”.  At which point I resigned as a Guardian columnist and this broad discussion started.

This is the opening paragraph of Anthony Wilson’s post on Judy Raymond’s FB page on Friday 6th January at 12.04pm –

…In response to Mr Raymond’s comment, let me say that I have NEVER before sent any commentary to any politician or anyone else, apart from our attorneys, for pre-publication vetting. I say that without fear of contradiction and also state that that is NOT the newspaper’s policy or practice. (For Mr Raymond to pursue this point after this denial would simply be compounding the defamation.)…

Quite apart from the unnecessary legal threats, since it was never my intention to defame anyone, we are now being told that this was a one-off decision to send my entire column for vetting.

Two questions arise –

Firstly – Why did Wilson seek to tell me, in relation to his decision, that “…It is by no means unprecedented territory…”?

Secondly, if we accept that his reversal is now the true state of things, there is another issue.  Why was this exceptional consideration shown to the former Minister of Finance?

That is the ‘sole and only issue’.

The three alibis which Wilson has been using on the internet need to be set aside at once –    Continue reading

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Filed under Barbados, Ethics, Freedom Of The Press, News Media, Trinidad and Tobago

Did former T&T Finance Minister break her oath over CLICO insider trading?

CL Financial bailout – Swearing an Oath

by Afra Raymond

The former Trinidad and Tobago Minister of Finance, Karen Nunez-Tesheira (photo above), is once again in the news, due to her dispute with the Integrity Commission as well as her expected testimony at the next session of the Colman Commission.

The former Minister has had to defend against allegations of insider trading related to her early withdrawals from CLICO Investment Bank (CIB). There was a lengthy address to the Parliament on Wednesday 4th February 2009. The March 2009 revelation in the Guardian newspaper, that Nunez-Tesheira was a CL Financial shareholder was also the cause of further defensive statements (PDF) to Parliament on 27th March 2009. In the first wave of defense, there was silence as to the fact of Nunez-Tesheira’s shareholdings in CLF.

In November, her attorney attempted to challenge my position on this at the Colman Commission, but I maintained that ‘If the genuine attempt was to address the perception of corruption in a forthright fashion, all the information should have been given’.

In the second wave of defense, there was no mention of the fact that the insolvent CL Financial group paid a dividend to its shareholders after writing that fateful letter to the Central Bank for financial assistance. Again, through the unfolding scandal we are witness to responsible officials who chose to be selective in making the required full and frank disclosure.  All to the detriment of the tax payer.

Those attempts to defend against the allegations were only partially successful, since there is little doubt that Nunez-Tesheira’s reputation has been damaged by the entire episode.  Continue reading

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Filed under Barbados, Consumer Issues, Corruption, Crime & Law, Offshore Investments, Political Corruption, Politics