The National Carnival Commission (NCC) has racked up a debt of $78 million in the last two years.
The revelation was made before a Public Accounts Committee meeting chaired by Dr Bhoe Tewarie, as they examined officials of the NCC on the expenditure and internal controls for the periods 2010 to 2018.
The T&T Copyright Collection Organisation (TTCO) claims the National Carnival Commission (NCC) owes it close to $1 million in license fees for works of mas under the Copyright Act of T&T and wants the body to pay up.
With mere weeks away from Carnival 2019, chairman of the National Carnival Commission (NCC) Winston "Gypsy" Peters says his organisation is yet to receive funding from the Government to manage the country's Greatest Show on Earth.
Peters disclosed this after Wednesday's Public Accounts Committee meeting to examine NCC's financial expenditure for the years 2010 to 2018 was postponed to April 10.