{"id":6072,"date":"2026-10-20T10:11:15","date_gmt":"2026-10-20T14:11:15","guid":{"rendered":"https:\/\/tringlobe.news\/?p=6072"},"modified":"2026-10-20T10:11:15","modified_gmt":"2026-10-20T14:11:15","slug":"stuart-young-denies-ncbj-loan-paid-legal-fees-and-links-financing-to-junior-sammy-judgment","status":"publish","type":"post","link":"https:\/\/tringlobe.news\/?p=6072","title":{"rendered":"Stuart Young Denies NCBJ Loan Paid Legal Fees and Links Financing to Junior Sammy Judgment"},"content":{"rendered":"<div class=\"tg-source-video\" style=\"margin:1.25rem 0;\"><video controls preload=\"metadata\" style=\"max-width:100%;height:auto;\" src=\"https:\/\/news.tringlobe.com\/auto-article\/static\/output\/podcast-source-clip-61c6eebd95f20a72ac55b8de2929bb56461b33da6b1b91c13ce68309e8d339d6.mp4\"><\/video><\/div>\n<p>Former Prime Minister Stuart Young has disputed statements attributed to Minister Saddam Hosein concerning an NCBJ loan involving the Estate Management and Business Development Company, EMBD.<\/p>\n<p>Speaking at an opposition press conference, Young rejected the suggestion that the loan had been used to pay legal fees.<\/p>\n<p>He maintained that the financing was instead connected to payment of a court judgment involving contractor Junior Sammy for work undertaken during the 2010\u20132015 administration.<\/p>\n<p>According to Young, EMBD had challenged the amount claimed, resulting in a reduction of the sum owed.<\/p>\n<p>Young denied personal involvement in the loan arrangement and accused government members of misrepresenting its purpose.<\/p>\n<p>He also addressed references to his brother&#8217;s employment at NCBJ, stressing that his brother was an employee rather than an owner of the publicly traded financial institution.<\/p>\n<p>Young further claimed that the bank had secured only approximately 2.7 per cent of relevant government financing opportunities over a ten-year period.<\/p>\n<p>He argued that his family connection was being used to suggest wrongdoing without establishing any improper financial interest.<\/p>\n<p>The underlying loan documents, court judgment and procurement records were not examined during the supplied press conference.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stuart Young disputes Saddam Hosein&#8217;s account of an NCBJ loan involving EMBD and legal expenses.<\/p>\n","protected":false},"author":1,"featured_media":6071,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[],"class_list":["post-6072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trinidad-and-tobago"],"_links":{"self":[{"href":"https:\/\/tringlobe.news\/index.php?rest_route=\/wp\/v2\/posts\/6072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tringlobe.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tringlobe.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tringlobe.news\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tringlobe.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6072"}],"version-history":[{"count":0,"href":"https:\/\/tringlobe.news\/index.php?rest_route=\/wp\/v2\/posts\/6072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tringlobe.news\/index.php?rest_route=\/wp\/v2\/media\/6071"}],"wp:attachment":[{"href":"https:\/\/tringlobe.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tringlobe.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tringlobe.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}