Sunday, October 22, 2017
Home | TOP STORIES

Bank demands Haiti pay back millions, immediately

Samuel Maxime

Editor-in-Chief

PORT-AU-PRINCE, Ouest, HT (sentinel.ht) – The Inter-American Development Bank (IDB) demanded former President Michel Martelly and three of his ministers repay, immediately, tens of millions of dollars it provided for projects not completed or meeting the standards the funds were expected to meet.

IDB December 16, 2015 to Haiti
IDB December 16, 2015 to Haiti

The IDB specifically addressed Martelly, former Prime Minister defacto, Evans Paul, former Minister of the Economy, Wilson Laleau, and former Minister of Public Works, Jacques Rousseau, in its letter demanding repayment, but it is the Haitian State, citizens and tax payers who will be expected to foot the bill.

The Martelly regime has not been able to give receipts of how the money was spent, or show that the projects were completed. Most shocking in this case is that a significant amount of money had went into no-bid contracts to Jovenel Moïse’s AgriTrans company. Jovenel Moïse is the candidate for president for Martelly’s, Parti Haitien Tet Kale (PHTK).

No-bid contract to AgriTrans
No-bid contract to AgriTrans

The contracts to the PHTK candidate were for the construction of public roads and waterways although his company, AgriTrans, is a banana plantation company that hasn’t any experience or its own means to undertake a construction project.

Citizens in the Northeast Department, who would have benefited from several kilometers of road, waterways for agriculture and subsidies for farming, are incensed over the misappropriation.

On December 1, 2015, the Martell-Paul government requested the bank give it another month to furnish receipts for the money it was demanding, in order to justify the expenditures but the IADB was not hearing it.

Rather, two weeks later, on December 16, the bank said after careful consideration, it would not give an extension and demanded that Haiti repay the money.

Become a Patron and get Haiti Sentinel and Defend Haiti merchandise.

Post source : [1]

About The Author

Samuel Maxime is a Haitian-born citizen living in the United States. He founded The Haiti Sentinel to bring Haitian issues to an English language audience.