PROCUREMENT PROCESS AT PETROJAM STILL UNDER SCRUTINY – MAY 7, 2019

The procurement process at Petrojam continues to come under scrutiny after the report from the Auditor General on the activities of the company.

The controversy surrounds the hiring of consultants from the Canada-based Asher Corporation to Petrojam, a process that cost over $17 million.

Chairman of the Public Accounts Committee (PAC)  Mark Golding, says the report highlighted that Petrojam did not reap the benefits of the consultancy service as the deliverables of the company were not achieved.

Golding pointed out that during the period June 2017 to May 2018, the Asher Corporation received a total of US $151,000, but he is concerned  that seven of the fourteen invoices were paid to a Rodney Davis and not the corporation itself.

PAC Member Peter Bunting thinks the payments may have been a ruse to get money out of Petrojam because the withholding tax laws were not complied with when the payments were made.