NGC Board of Directors Sets Standard for Accountability

Source: www.gulfoilandgas.com 12/21/2024, Location: South America

The National Gas Company of Trinidad and Tobago Limited (NGC), has achieved 100% compliance with the statutory filing requirements under the Integrity in Public Life Act. This is a significant milestone, reinforcing the company’s ongoing commitment to the highest standards of ethics, integrity, transparency and good corporate governance.

NGC’s Board of Directors has successfully complied with Sections 11 (1) and 14 (1) of the Integrity in Public Life Act, which mandates that each ‘Person in Public Life’ must complete and file with the Integrity Commission of Trinidad and Tobago, a Declaration of Income, Assets and Liabilities (Form A) and Statement of Registrable Interests (Form B). This achievement was recognised on 19th December 2024, when, the Chairman of the Integrity Commission, Mr. Hadyn Gittens, presented NGC’s Chairman, Dr. Joseph Ishmael Khan, a certificate acknowledging the 100% compliance rate for the individual declarations of the company’s Board of Directors.

NGC’s Board has embraced the accountability measures as specified in the Integrity in Public Life Act, undergoing the necessary declarations and fulfilling its statutory obligations with absolute diligence. This accomplishment, further demonstrates NGC and the Board’s steadfast dedication and alignment to the ethos of the legislation, which was established to: -

- Make provision for the prevention of corruption of persons in public life by providing for public disclosure
- Regulate the conduct of persons exercising public functions
- Preserve and promote the integrity of public officials and institutions

For a company such as NGC, where operations are built on transparency, integrity, accountability and corporate social responsibility, complying with the Integrity in Public Life Act is not merely a statutory requirement, but a reflection of adherence to its Core Values. Furthermore, this commitment is also deeply aligned to NGC’s sustainability goals – where sustainability includes creating long-term value for society through ethical business practices. Dr. Khan noted the following after receiving the certificate: “I am excited to receive the Integrity Commission’s acknowledgement of 100% compliance as good governance is the hallmark of the culture of a solid and forward-thinking organisation. The Board of Directors and I are committed to, as part of national service, accountability, transparency and compliance with regulations. It is a consensus of all members, and we are proud of this achievement.”


United States >>  2/3/2025 - American Electric Power (Nasdaq: AEP) has been named to the JUST 100 list for the fifth year in a row. This ranking by JUST Capital recognizes America...
United States >>  2/3/2025 -  Fortune magazine has recognized Entergy among the top utilities on its World's Most Admired Companies list for 2025. Entergy was recognized by indust...

United States >>  2/3/2025 - Intelligent power management company Eaton has been named one of the World’s Most Admired Companies by FORTUNE magazine for the eighth straight year.<...
United States >>  2/3/2025 - As a testament to its unyielding commitment to customers, communities, employees and the environment, Eversource Energy (NYSE:ES) is being celebrated ...

United States >>  1/31/2025 - The Avangrid Foundation, the philanthropic arm of leading sustainable energy company Avangrid Inc., a member of the Iberdrola Group, announced today t...
Finland >>  1/30/2025 - Wärtsilä Corporation, Stock exchange release, 30 January 2025 at 16:00 EET

Proposals of t...





Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.