NICIL breaking laws by retaining public funds

Chartered accountant and attorney Christopher Ram is challenging Minister of Finance Dr. Ashni Singh and Head of the Presidential Secretariat Dr. Roger Luncheon over the propriety of the National Industrial and Commercial Investments Inc (NICIL) retaining and spending the funds it receives from the sale of state assets.

Ram, saying the funds are public assets, argues that the law dictates that NICIL should