TRINIDAD-Regional conglomerate denies allegations made by its general counsel.

PORT OF SPAIN, Trinidad, CMC – The Trinidad-based regional conglomerate, Massy Holdings, has denied the “scandalous” claims made by its shareholder and general counsel Angelique Parisot-Potter that employees are being trained to communicate with the dead and self-heal with “white light energy.”

“The company categorically denies using the program to train people to communicate with the dead or heal with ”white light,” as alleged by Ms. Parisot-Potter. The statements are patently untrue and scandalous,” Massy Holdings said in a paid advertisement in the media here.

On Monday, Parisot-Potter, who is also Massy’sMassy’s executive vice president of Business Integrity, in a prepared statement, told the group’s annual general meeting, “I am obliged to speak up about significant governance and fiduciary concerns, as detailed in my 13-page document, including audio evidence, previously shared with our CEO,” Gervase Warner.

“Among other matters, one alarming issue is the so-called executive leadership program, which has been present in our organization for over a decade,” she said, noting that the program involves frequent travel to Fort Myers, Florida, and weekly commitments for over a year at a cost per participant of tens of thousands of US dollars.

She said there were over 11 participants in the leadership program last year.

“Their bizarre rituals include that they can train Massy employees to communicate with the dead and that attendees can self-heal with ”white light energy,'” she stated.

Parisot-Potter, who has been a part of the Massy executive teams for more than seven years, told the meeting that “this is a matter of grave concern to shareholders because the couple leading the program appear to exert disproportionate influence over our executive team.

“Amid a foreign exchange crisis, Massy cannot spend scarce resources on highly dubious activities, and contracts awarded cannot be pushed through without prudent due process. This is not just a governance issue; it’s a blatant disregard for shareholder interests,” she said, urging the conglomerate’s board of directors, which operates in several Caribbean countries, to take the matter seriously.

But in its statement, Massy Holdings said Parisot-Potter submitted a 13-page document on November 26 to the group’s chief executive officer. The board takes all allegations seriously and has initiated an independent process to examine Parisot-Potter’s claims.

It said it was concerned that Parisot-Potter used the occasion of the Company’s 100th annual meeting to follow up on her submission with public disclosure of a confidential matter to the Company.

“The board has initiated a disciplinary process to review Ms. Parisot-Potter’sParisot-Potter’s conduct at the annual meeting against her duties as the general counsel to the company and will follow due process to determine how this should be handled responsibly yet decisively,” the statement said.

In the statement, the Massy board said the disciplinary process would weigh Parisot-Potter’sParisot-Potter’s conduct at the meeting ” against her duties as the General Counsel to the Company and will follow due process to determine how this should be handled responsibly yet decisively.”