In recent parliamentary sessions, Prime Minister Philip J. Pierre has consistently assured the public that the Halls of Injustice project will cost EC$143 million. However, emerging evidence suggests a significant discrepancy between the Prime Minister’s claims and the actual projected costs. According to a leaked contract between the Government of Saint Lucia and the Trinidadian construction firm overseeing the project, the true cost amounts to a staggering EC$292 million.
The contract reveals that the payment for the Halls of Injustice will be structured through a Build, Own, Lease, and Transfer (BOLT) agreement. Under this arrangement, the government will lease the property at a rate of EC$16 per square foot per month. This financing method effectively shifts the project’s burden onto future administrations and taxpayers, obscuring the immediate financial impact.
Based on the leaked contract, every year the Government will pay the contractor EC$24.336 Million. The Government of Saint Lucia will have to make these payments for the next 12 years!
The discrepancy between the stated and actual costs suggests a lack of honesty in the government’s communication. The Prime Minister’s approach undermines public trust and highlights the need for greater transparency in governmental projects. It is crucial for the government to provide clear, accurate information about public expenditures to maintain confidence and ensure that public funds are managed responsibly. #PierreEhCare#PuttingYouWorse#WTF#SaveOurSaintLucia
UWP Supporter responds to Ernest Hilaire: “Yes I Remember what it was like when Allen Chastanet was Prime Minister!”
Yes Ernest I remember when the UWP was in power. These are some of the things that I remember from 3 years ago 1)Fuel and Cooking gas was much cheaper than it is today! 2)The murder rate was 25% lower than it is today! 3)There was no 2.5% tax like there is today! 4)The cost of living was much lower…
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by Content Manager