Wylie’s exit from Heritage could cost taxpayers 3 Million

Wylie’s exit from Heritage could cost taxpayers 3 Million

Mike Wylie

If the government options the removal of Mike Wylie as Chief Ex­ec­u­tive Of­fi­cer of Her­itage Pe­tro­le­um, it could cost Heritage and by extension taxpayers as much as $3 mil­lion.

Government decided to remove Mr Wylie last Thursday after he was away from the job and acting ‘remotely as needed’ from his convalescent home in Texas for the past two months.

Wylie had been diagnosed with Colon can­cer and is cur­rent­ly re­cov­er­ing from ma­jor surgery. A committee headed by Nigel Baptiste has been reported to be running the day to day operations of the Company, an arrangement that many experts agree is not what is in the best interest of Heritage at this early and critical stage of it’s role in the energy sector in Trinidad and Tobago.

Prime Min­is­ter Dr Kei­th Row­ley al­so re­moved the com­pa­ny’s chair­man, Wil­fred Es­pinet and three oth­er Board mem­bers. Michael Quamina an Attorney at Law who in the past represented The Prime Min­is­ter in personal matters was named as the new chair­man of Heritage petroleum.

Wi­ley was re­tained by Her­itage af­ter a lengthy search by an in­ter­na­tion­al re­cruit­ment com­pa­ny, Egon Zehn­der In­ter­na­tion­al, be­tween June 28, 2018 and Au­gust 21, 2018.

His salary was reportedly TT$240,000.00 monthly.

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