Wiredja Online News Logo

WiredJa Online News

Wiredja Online News Logo

WiredJa Online News

Phillips urges Auditor General to probe Shaw's allegations

Opposition spokesman on finance Dr. Peter Phillips Opposition spokesman on finance Dr. Peter Phillips
KINGSTON, MAY 28, 2016 - Opposition spokesman on finance Dr Peter Phillips wants Auditor General Pamela Monroe Ellis to probe allegations made by Finance Minister Audley Shaw while closing the Budget Debate last Wednesday.

in a letter to the Auditor General,  Phillips said Shaw's allegations questioned the "bona fides" surrounding the sale of the old Oceana Hotel and the subsequent rental of a part of the building to the Accountant General's Department (ACD).

Shaw, in his presentation to Parliament, also questioned the circumstances surrounding the issuance of a letter of credit by Noranda Bauxite Company to the Government of Jamaica in the sum of US$5 million.

"Given the implications that these allegations have for damaging public confidence in the institutions, the Government of Jamaica, and the conduct of public officials, I am requesting that your office conduct an investigation into these matters and the circumstances surrounding these transactions so that the Parliament and the public interest in good governance may be satisfied," said Phillips in his letter to Monroe Ellis.

Shaw told the House of Representatives that the previous administration had agreed to provide J$400 million to renovate the ground floor of the Oceana Hotel, which the Urban Development Corporation had previously sold for J$385 million.

We are not begrudging the AGD the space, obviously. They need it. We are looking at the economic value of the transaction," said Shaw.

He added: "Is it good value for the Jamaican people, government mismanagement at its peak, or is it a sweetheart deal?"

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.