Jagdeo says international loan agencies paying funds to “illegal” Gov’t will incur consequences

Georgetown: General Secretary of the People’s Progressive Party/ Civic (PPP/C), Bharrat Jagdeo issued a call to international agencies to desist from further funding the projects of an “illegal” government, noting that the monies that have been disbursed to them might not be repaid if the PPP/C wins the upcoming General and Regional Elections.

Opposition Leader, Bharrat Jagdeo

Jagdeo stated that the Caretaker A Partnership for National Unity + Alliance for Change (APNU/AFC) government has “accelerated the illegalities” during in the aftermath of the September, 18, 2019 deadline to host elections.

Jagdeo said, “The Inter-American Development Bank (IDB) who insists on disbursing funds, or a few others who insist on disbursing funds and approving contracts, are… in contravention of our laws.

“They can’t claim they’ve not been warned. They have a court ruling. It will have implications for the funds in the future; repayment of the funds.”

The Opposition Leader made specific reference to the recently awarded Kato Hydropower project, which attracted $495 million. The contract, which awarded to BJ’s Civil Works was signed for the design, supply, and installation of a 150kW hydropower plant at Kato Village in Region Eight, Potaro-Siparuni.

He further told reporters that he is not in disapproval of the hydropower project; however, he does have issues with the Government “abusing the process and doing it in an unconstitutional way.”

“The expenditure that is inconsistent with the routine function of the government will be illegal, even in this period. They should not have even done that, even for smaller contracts, much less a contract like that.”

However, during a meeting that was held between the President of the IDB, Mr. Luis Alberto Moreno, Jagdeo recounted that the disbursing of funds to his attention.

“I don’t think that Guyanese taxpayers must repay monies that have that have been stolen with the complicity of some of these organisations, and particularly their local offices,” he related.

The General Secretary of the political opposition, on number occasions, has warned the Government over the past nine months that contracts would be deemed invalid by the PPP/C, should they emerge victorious in the elections.