London’s last mega purchase via THA‎… the two hotels

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Who did they purchase these from? Why? What was the evaluation? Who did the evaluation and when? How were they selected? When was it offered to the THA and by whom and for how much? Were any finders fee or negotiation fee paid? How much and to whom? Were any safety , engineering and technical Evaluations done‎? By whom and when? Where are those reports? Who were the attorneys for both parties engaged in this matter? How were they selected?

It’s now a matter of public record – THA management accountant Gwen Toppin said – that ‎’there was no financing from the central government’ involved in this expenditure. ( Sunday Newsday 5/june/16, pg 11) … where did the money come from??

Note that at the cost of 100 m to acquire and refurbish these two hotels to add some 80 rooms to Tobago’s hotel stock. That works out to a cost of $1,250,000 per room!!!! This has nothing to do with operational costs of the hotel… which appears excessive unless these are ultra luxury rooms. Who are the contractors who will benefit from this 68m refurbishment costs?

Who did the estimates and scope of works? When was it done? How were these contractors selected? When were the projected works advertised and where? Were contractors hand selected? On what basis and by whom? Were Trinidad contractors considered or was this limited only to Tobago contractors?

Note that this multi-million dollar expenditure took place without the PNM controlled THA having sufficiently accounted to the nation for its expenditure for many years. This is typical PNM management and governance… secret expenditure of state resources (secret scholarship ‎fund for which no one was ever held liable, GTL and USD billion dollar expenditure with nothing to show for it, the jazz festival, Las Alturas, Clico, racket rail, the infamous church etc etc etc)

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