With the CTL chairman Chris Brown off the island, it is understood that Azar has been asked by the finance minister to intervene with a view of finding a solution in short order. A CTL source said it will cost the company $28 million to sign off on the deal. Efforts to contact CEO Stewart proved futile as calls to his mobile phone went to voicemail. Meanwhile, the workers were adamant that they would stay off the job until the issue is resolved. This was the position coming out of a meeting yesterday afternoon between Ennis and more than 50 members of staff in the grandstand at Caymanas Park. They shouted ‘No racing! No racing!’ in the presence of Azar on the conclusion of the meeting at 4 p.m. The 10-race programme scheduled for Caymanas Park yesterday had to be abandoned following strike action by unionised workers of Caymanas Track Limited (CTL). The workers claimed that the action was taken because of the failure of the promoting company to sign off on phase two of a reclassification exercise. More than 150 workers represented by the Union of Technical, Administrative and Supervisory Personnel (UTASP) took industrial action minutes after 5 p.m. on Thursday. Normality returned on Friday, but following a lengthy meeting between UTASP general secretary St Patrice Ennis and the management of CTL, the workers resumed their protest. A second meeting with the CTL management late into Friday night failed to resolve the issue. This not only resulted in yesterday’s shutdown, but the February 10 holiday meet, featuring the Ash Wednesday Trophy, also hangs in the balance unless there is a breakthrough by Monday, noted CTL’s racing secretary Denzil Miller Jr. According to Ennis, the workers representing all categories were asked to hold strain last November to ensure that the two major races on the calendar, the November 14 Superstakes and the inaugural staging of the rich Diamond Mile on December 5, were run. “But we waited more than six weeks after for a response from CTL and had to force their hand by taking industrial action on Thursday. “Following the back-to-back meetings on the nights of Thursday and Friday, it came down to CTL signing off on the agreement on benefits to the workers, but were told that neither Cedric Stewart, chief executive officer (CEO) of CTL, nor the company’s human resource manager, Tanya Wilson, both of whom were present (along with CTL’s deputy chairman Andrew Azar) had the authority to sign the document on behalf of the board,” explained Ennis. FIND A SOLUTION
New Delhi: The Delhi High Court Thursday dismissed the bail plea of lobbyist Deepak Talwar, arrested by the ED in a money laundering case, saying the “magnitude of conspiracy angle” in it is huge and enormous amount of money is yet to be trailed.Justice Rajnish Bhatnagar denied relief to Talwar on the ED’s contention that he could flee from justice based on his past conduct and record of investigation, besides the fact that his son Aditya — a co-accused in the case — is a citizen of Antigua and Barbuda. Also Read – Uddhav bats for ‘Sena CM’Talwar was arrested by the Enforcement Directorate after his deportation from Dubai in January. “The gravity of the offence committed by the petitioner (Talwar) is quite evident from the material placed on record. In the instant case there are allegations against the petitioner of money laundering to the extent of Rs 272.01 crore out of which till date only an amount of Rs 127.69 crore could be unearth and further investigation is underway to trace the flow of rest of the fund amounting to Rs 144.32 crore received in the accounts of Guilt Asset Management Limited,” the judge said. Also Read – Farooq demands unconditional release of all detainees in J&KThe high court observed that the economic offences like this one constitute a class part and they are not like other criminal cases and need to be visited with a different approach. “Therefore taking note of huge magnitude of conspiracy angle qua petitioner, it would be premature to jump to the conclusion that investigation in this case in respect of the petitioner is complete, rather huge amount of money is still to be trailed,” it said. It added that Talwar was not entitled to the grant of bail and dismissed his petition challenging a trial court’s order denying him the relief in the case. The court noted that during the arguments earlier, it has been urged by Talwar’s counsel that as per the investigating agency, the investigation qua him is complete. However, this submission has no force as the probe in respect of Talwar’s other associates, public servants and properties involved in the money laundering is still in progress, the court said. “In my opinion, the tentacles of the crime are so widespread and it is not that the investigation can be segregated in respect of one or the other accused, the entire crime committed is indeed interlinked,” the judge said. The court added that the diary of proceedings handed over by the ED showed that despite being in judicial custody, how Talwar is still “ruling the roost and is in constant touch with co-accused and interfering with the investigation”. “So when this is the clout of the petitioner that despite being in judicial custody he is managing things then one can very well imagine what he can do once out on bail,” it held.