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PetroCaribe: 2012 Dredging Project Overpaid by 60%

Politics

Staff

More information continues to come out about how the Haitian government embezzled and misappropriated $3.4 billion [USD] from the PetroCaribe fund.

The latest finding is an inexplicable $13 million [USD] overpayment found by auditing justices at the Superior Court of Auditors and Administrative Disputes (CSC/CA).

A 2012 dredging project was budgeted and approved for $17,160,248.38, to clear the bed of the Bay of Port-au-Prince, but the contract was signed at a higher value, $29,957,812.50 [USD].

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