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Posted February 21, 2013

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Ted Talks

Afra Raymond: Three myths about corruption

Trinidad and Tobago amassed great wealth in the 1970s thanks to oil. But in 1982, a shocking fact was revealed -- that 2 out of every 3 dollars earmarked for development had been wasted or stolen. This has haunted Afra Raymond for 30 years. Shining a flashlight on a continued history of government corruption, Raymond gives us a reframing of financial crime. (Filmed at TEDxPortofSpain.)

A leading expert in the fields of property valuation and project management, Afra Raymond is battling the government corruption rampant in his country, Trinidad and Tobago.

Afra Raymond calls out government corruption, demanding more transparency and accountability from the leaders of Trinidad and Tobago. His work in recent years has focused on the CL Financial collapse of 2009 and subsequent government bailout, which Raymond says operated “with different laws of physics” than bailouts of financial institutions in other countries. Writing on topics like white-collar crime, good governance and national development, Raymond shows that corruption shouldn't be a given. He wrote the column “Property Matters” in The Business Guardian from 2004 through 2012. Now, he writes on his own website, AfraRaymond.com.

Raymond looks at corruption through his lens as an expert in the fields of property valuation, project appraisal, development planning and management. He is a Chartered Surveyor and Managing Director of Raymond & Pierre Limited and was elected a Fellow of the Royal Institution of Chartered Surveyors (RICS) in January 2011. He has served on a number of Boards in various positions including Executive Member of the Federation of Black Housing Organizations (FBHO) in London, Board member of the Trinidad Building & Loan Association (TBLA), Director of EPL Properties Limited (EPL), a wholly-owned subsidiary of Eastern Credit Union (ECU) and Immediate Past-President of the Institute of Surveyors of Trinidad & Tobago (ISTT).

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