PORT OF SPAIN, Trinidad, CMC – The Trinidad-based regional conglomerate, Massy Holdings, has denied the “scandalous” claims made by its shareholder and common counsel Angelique Parisot-Potter that staff are being educated to speak with the lifeless and self-heal with “white gentle vitality.”
“The corporate categorically denies utilizing this system to coach individuals to speak with the lifeless or heal with ”white gentle,” as alleged by Ms. Parisot-Potter. The statements are obviously unfaithful and scandalous,” Massy Holdings mentioned in a paid commercial within the media right here.
On Monday, Parisot-Potter, who can be Massy’sMassy’s govt vp of Enterprise Integrity, in a ready assertion, informed the group’s annual common assembly, “I’m obliged to talk up about important governance and fiduciary considerations, as detailed in my 13-page doc, together with audio proof, beforehand shared with our CEO,” Gervase Warner.
“Amongst different issues, one alarming situation is the so-called govt management program, which has been current in our group for over a decade,” she mentioned, noting that this system includes frequent journey to Fort Myers, Florida, and weekly commitments for over a 12 months at a value per participant of tens of hundreds of US {dollars}.
She mentioned there have been over 11 members within the management program final 12 months.
“Their weird rituals embody that they’ll practice Massy staff to speak with the lifeless and that attendees can self-heal with ”white gentle vitality,’” she acknowledged.
Parisot-Potter, who has been part of the Massy govt groups for greater than seven years, informed the assembly that “it is a matter of grave concern to shareholders as a result of the couple main this system seem to exert disproportionate affect over our govt workforce.
“Amid a international alternate disaster, Massy can’t spend scarce assets on extremely doubtful actions, and contracts awarded can’t be pushed via with out prudent due course of. This isn’t only a governance situation; it’s a blatant disregard for shareholder pursuits,” she mentioned, urging the conglomerate’s board of administrators, which operates in a number of Caribbean nations, to take the matter severely.
However in its assertion, Massy Holdings mentioned Parisot-Potter submitted a 13-page doc on November 26 to the group’s chief govt officer. The board takes all allegations severely and has initiated an impartial course of to look at Parisot-Potter’s claims.
It mentioned it was involved that Parisot-Potter used the event of the Firm’s a hundredth annual assembly to observe up on her submission with public disclosure of a confidential matter to the Firm.
“The board has initiated a disciplinary course of to overview Ms. Parisot-Potter’sParisot-Potter’s conduct on the annual assembly towards her duties as the final counsel to the corporate and can observe due course of to find out how this must be dealt with responsibly but decisively,” the assertion mentioned.
Within the assertion, the Massy board mentioned the disciplinary course of would weigh Parisot-Potter’sParisot-Potter’s conduct on the assembly ” towards her duties because the Common Counsel to the Firm and can observe due course of to find out how this must be dealt with responsibly but decisively.”
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