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They don’t want trained eyes looking at these figures – Harmon “…then we would get a peek into the Jagdeo kingdom….We would be able to see how it is these Ministers have become so rich and are building all these fancy mansions” – APNU MP Joseph HarmonThis is a Bharrat Jagdeo project and the fact that US$57M was hidden away as money committed to be spent on the Amaila Falls Hydro Electric Project by the Guyana Government, clearly shows why the administration does not want to reveal the financial arrangements.This was the reaction by Shadow Minister with responsibility for Public Works, Joseph Harmon, to the startling revelation that Government had in fact committed to spend US$157M on the Amaila Project.APNU MP Joseph HarmonPresident Donald Ramotar must now come out and defend this,Wholesale Jerseys Free Shipping, said Harmon, given that it is he who has been peddling across the country that Guyana will only be putting US$100M in the project.Harmon said that the ruling administration has been deliberately withholding the financial arrangements for “these large deals because they don’t want trained eyes looking at the figures.”According to Harmon, such a startling revelation would not immediately jump out at an untrained eye that would not even know what they are looking at.JAGDEO KINGDOMHe said that should the Government be willing to make available, the financial arrangements for the many projects, including Amaila, “then we would get a peek into the Jagdeo kingdom….We would be able to see how it is these Ministers have become so rich and are building all these fancy mansions.”This publication yesterday reported that the Guyana Government has committed US$157.2M to the Amaila Falls Hydro Electric Project – US$57.2M more than the amount that it has been maintaining all along.This information is contained in the ‘Confidential Project Document’  leaked to this publication.This means that the revised price tag for the Amaila Falls Hydro Electric Project is now in excess of US$915M and not the US$858M announced recently.Two weeks before Sithe Global and Government conceded a cost of US$858M for the project, several Government Officials, including President Ramotar and Prime Minister Samuel Hinds,NFL Jerseys From China, had reported that it would be US$840M.Finance Minister, Dr Ashni SinghAccording to the leaked project document for the Hydro Electric Plant, in 2014 and 2015 the Government has,Cheap Jerseys From China, under its ‘financial commitment’ to the project, committed  US$21M to be paid each year from its Fund for Special Operations (FSO).The Fund for Special Operations has been set up by the Inter-American Development Bank (IDB) and extended to several countries, including Guyana, which sees the bank making concessionary loans.Government has been contending that Guyana’s taxpayers will pay about US$100M in equity. This money, it said, consists of approximately US$20M, which is being spent on the access road to Amaila and US$80M which is being invested from the Guyana REDD+ Investment Fund (GRIF).The Confidential Project Document, however, has revealed that for Guyana’s financial commitments, US$11.4M was spent prior to 2013 on the Amaila Falls Access Road.It states that in 2013, some US$21.8M was committed to the road and another $0.5M to be spent each year between 2014 and 2017. This would bring the total cost earmarked for the completion of the Access Road to US$35.2M. The road project was originally slated to be US$15.4M, less than half the cost at which it currently stands.NEVER A REQUIREMENT OF THE IDBMeanwhile, Harmon has since proclaimed that Finance Minister, Dr Ashni Singh, has been lying as it relates to an IDB demand, that there must be political consensus in order for the financial institution to proceed with its due diligence report.He said that this was never a requirement of the IDB in order to complete its study.Harmon said that if it is that Government was convinced that its position on Amaila would be vindicated in the report, then why not foot the bill.The Shadow Public Works Minister recalled that the Amaila Project Director on Guyana’s behalf,Deion Jones Falcons Jersey, Winston Brassington, had informed that Sithe Global would not be funding the due diligence report.Bharrat Jagdeo“If they were so convinced that this report would vindicate them, then why not pay for it,” said Harmon.He suggested that the Government might have been privy to the adverse preliminary findings of the study, and as such, put events in place to derail its success.”Ashni Singh is lying and it is going to dent his credibility and reputation internationally,Marlon Humphrey Jersey, because the IDB knows that he is lying,” said Harmon.He told this publication that when A Partnership for National Unity (APNU) met with the country representative for the IDB and held discussions on the project, it was never a demand made by the IDB for there to be political consensus before it can be completed.GRANGER WANTS DUE DILLIGENCELeader of the Opposition David Granger on Wednesday last also responded to the Finance Minister over the claims being made that in the absence of political consensus, the IDB has halted its study.According to Granger, APNU had nothing to do with, and did not influence the IDB’s decision to cease its work on any matter in any way. Any such decision by the IDB was made on its own initiative and for its own reasons, he stressed.He said further that APNU has no desire to prevent the IDB from completing its work.Opposition Leader David GrangerIn fact ,NFL Jerseys Cheap,Granger maintains that “APNU actually did assert that it was awaiting the IDB’s due diligence review before making a statement on the matter; the partnership, in fact, is looking forward to the IDB’s completion of its work.”
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