President is avoiding full disclosure on financial structure of Amaila Falls – APNU

APNU's Executive Member, Joseph Harmon.
APNU’s Executive Member, Joseph Harmon.

A Partnership for National Unity (APNU) says that unless President Donald Ramotar is prepared to make full disclosure on the financial architecture of the Amaila Falls Hydro Project, the Party will not accede to his [President] request to meet.

This is according to Executive Member of the APNU, Joseph Harmon who told iNews during a telephone interview, that President Ramotar is avoiding the main issue which the APNU raised.

The President last evening issued a statement, calling on the APNU team to meet with the government to address two of the issues which were raised by the APNU last week: the Amaila Falls project is likely to condemn Guyanese to excessive indebtedness and that it will not provide assurance that the final cost of power to the consumer will be appreciably lower than the current tariff.

However, according to Mr. Harmon, those are just two of the concerns expressed by the APNU. Mr. Harmon told this news site that the major plank of the APNU’s concerns is the financial disclosure of the project and the fact that no policy document was ever taken to the National Assembly for debate.

“We need to know what he [President Ramotar] is putting on the table. We just can’t meet for meeting sake. We need to know the full cost of the project, the design of the plan, among other things,” Mr. Harmon told iNews.



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