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
Statement from Hon. Allen Chastanet on his CIP Judicial Review
The judicial action which I have taken against the Citizenship by Investment Unit, is not to stop the program, but to stop the blatant CORRUPTION. How can it be right that our citizenship which is legally priced at US$100,000 per person, was being undersold for as low as US$65,000? Why was US$1 BILLION worth of citizenships given to Galaxy to…
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by Content Manager