PM Rowley: Heritage A Success Story

“A success story.” That’s how Prime Minister Dr. Keith Rowley describes Heritage Petroleum Company Limited.

Prime Minister Rowley notes that now defunct Petrotrin was restructured to allow its debts to be serviced.
He says Heritage came in and took responsibility for $11.8 billion in debt that Petrotrin was carrying and couldn’t service.

Dr. Rowley also notes that Petrotrin had not been paying any taxes nor royalties to Corporation Sole, the Minister of Finance.

The Prime Minister was speaking at the Launch of the Ministry of Youth Development and National Service IMAP course on Monday.

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