Thursday, September 24, 2009

Rochamel!

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15 comments:

Anonymous said...

Again well said Micah. You have to be commended for such intrepid reporting and taking the time to unravel this report.

Can you get a Pulitzer or something !!!!

Pe'lay said...

Well done Micah. Written just like a politician. You ask what can we do about such politicians. My answer is maybe you and a good few other who think like us can come together to offer this country an alternative choice. As I see it taking out what we have now and returning to the former, is no better. Mind you, I do not want to be part of the third choice. Too old for that now.

Anonymous said...

Well done so what and who is Kenny Anthony? My word!!!! this Rochamel thing will be the deciding factor in the next election. If Kenny has any integrity left, as a patriotic St Lucian, I am requesting that he relinquishes the leadership of the SLP. Run for the Vieux-Fort seat if he wants to, but he will either lose the elections or have a close 9-8 situation where someone will do a Neville Snake thing. Kenny for your own good and for the good of the country, please do the honorable thing. RESIGN AS PARTY LEADER!!! THIS IS NOT ABOUT YOU.

Anonymous said...

Micah, This is about the Public Debt for us and our children to repay way into the future! Add to this the accumulated savings like significant assets in SLASPA that have disappeared together with the millions of dollars that SLASPA has to repay for the
Southern Shores (COCO DAN)Development FIASCO! Do St.Lucians really understand what really went on in the time of the Kenny Anthony Governments?

Anonymous said...

I keep saying the key to this Frenwell mystery lies at the law firm of McNamara and Co. and one lawyer in particular, who pushed aside another lawyer, who was too ill to fight and who is now deceased, so he could control the spoils from the Rochamel deal. Kenny never knew or understood what he got the country into. That lawyer dear readers is still around and is still plying his trade.

Anonymous said...

Folks What Kenny Anthony did was stupid but I think it was a desperate effort to get the hotel completed....there was no corruption and I don't think any member of the party pocketed money.

All those praising Micah and ready to count the SLP out read this portion of his impeccable writing:


"The financial absurdity that took place under Dr. Kenny Anthony during his governmental reign should not be a source of joy for the governing United Workers Party.
Let the truth be told that this government, the Stephenson King government, has brought this country to shame in the shortest period of time than any other government in the history of governments in Saint Lucia.
Just into its third year in office and the number of controversies, the non adherence to the principles of good governance, the glaring inability of decisive leadership, and instances of shady practices have made the Stephenson King led government not fit to run this country. (I guess the UWP party hacks will slaughter me for saying that but that’s my belief).
I strongly believe that in a learned society this government would have been out of office already. I also want to point out that the wrongs of a former administration in no way justify the wrongs of a current administration. I am of the view that the wrongs of a past administration should have been lessons for current administrations."

That I agree with too and I think St. Lucians are quietly waiting to vote this bunch out.

The embarrassing thing that passes as government or governance is appalling people and the corruption in total may very well surpass Rochamel at the end of the five year term!!!!

I also think UWPees are so intoxicated with power that they think they have a cooked goose on the election.

People SLP lost by just over 2,000 votes and steadfast SLP are steadfast in voting out the UWP.
Have they lost some voters? Possibly. Have they gain some? Possibly? New Voters? Oh yeah?
Who will they vote for? Let's not guess? On the other hand now...Has the UWP lost some vote? We can guess ....right?

Anonymous said...

Exactly.

So why was this lawyer not interviewed by the Ramsahoye Commission ?
Why did this lawyer not present documents relevant to this issue ?

I maintain that this Commission did not have the teeth to do anything other than uncover the obvious facts that were in front of its face. It did no real deep groundwork to uncover the truth behind any of these issues.

Yes more light was shed on Rochamel but there was much more that the Commission did not really look into.

LuciaBoy said...

That was a good article in the sense that it unravels the mangled mess of this financing arrangement. The more I learn of this financing deal the more I become convinced that the then Prime Minister was way out of his league and the people who were supposed to advise him like the PS Finance and others failed St. Lucians miserably.

If I didn't know better I would be tempted to say that the whole thing was so designed to deliberately create loopholes for unscrupulous people to be aided and abetted to blatantly steal from the tax payers of St. Lucia.
Then again what do I know?

The nagging question is what did the initial investors bring to the table? What did they have to lose?
Why was the government hell bent to guarantee their loans, and here is the crux, their "cost overruns"?

Was there a cap on the cost overruns? Who is Frenwell? What was their role in the whole financing deal? Was it at all necessary to have them as part of the equation? Why were their loans guaranteed by the government as well? It certainly appears to me that they own a substantial investment in the said hotel with the people of St. Lucia holding the bag.

The government must look into Frenwell and the legitimacy of their interests in the hotel.
If the government guarantees their loans and they defaulted on the loan what is the government's recourse? We seem to have a prime facie case to put a lien on their holdings in the hotel.

If I do not pay my car note the bank reposesses the car. Shouldn't the same be the case for Frenwell and the government (people) of St. Lucia?

There are certainly more questions to be answered here.

In an earlier post I attempted to enumerate some of Kenny Anthony's shortcomings as a leader and mentioned the missed opportunity of calling the elections at a time that was opportune of his party, but this Rochemel debacle takes the cake.

It cost us a whole lot to purchase nothing.

Anonymous said...

Now that the Commmisisono has reported its findings, it's up to the Government to do a detailed investigation and follow the money trail. It should also investigate the circumstances surrounding the sale of the hotel to Sandals which picked up the hotel at an upset price.

I agree with the blogger who said Kenny and Co were out totally of their league and did not know or understand what they were getting into. Also while we have no evidence of corruption of kick-backs from the deal, that doesn't say there was none.

Anonymous said...

Let's not excuse Kenny by saying that he was out of his league. I don't think even a dek-dek would agree to a deal like that. I think Kenny must have known what was going down.

I agree that the Ramsahoye commission was too restrained in its mandate. A full, proper inquiry with power to subpoena witnesses and a mandate to solicit assistance from foreign governments is what is needed.

Anonymous said...

But why with D'Auvergne in the Government for at least one year, with lawyers on the government side why did the Ramsohyle Commission have such limited ability to find out the truth.

I mean even up to now the Enquiry has not really said why the Frenwell company was formed ? It was a shell company that was borrowing money to buy shares from a company that was on thr way out yet the government put a guarantee in the mess. WHY?

Anonymous said...

It is amazing the degree to which St. Lucians refuse to see the damage the failed policies of Kenny Anthony did to St. Lucia.

After 9 years of ceaseless Anthonian motion, St. Lucian public finances had gone from being comparatively healthy to being catastrophically bad. In order to expand vastly the public sector which he gleefully controlled, Dr. Anthony raised debts by stealth, undertook government obligations that appear in arcane language in 1,000 pg govt documents that will weigh on future generations, and fooled the electorate with high faluting words to make them beleive that progress was all about recklessly spending money.
For the duration of his time in government, St. Lucia was like a consumptive patient, with an excess of bogus well-being shortly before expiry.

Now with the Rochamel exposure we are begining to see that which is asking to again lead this country further down the road of destruction.

Anonymous said...

Why do you people write such long paragraphs to prove just one stupid point?

Anonymous said...

Sorry- should have realized was writing for stupid Kenny supporters !

Anonymous said...

It says alot about the SLP (and Kenny too) that after hsving served 9 years in office, the Party is not willing to change Kenny and Kenny is not prepared to step down. If they could force Hunte to step down (at gunpoint says yodee) why can't they bite the bullet and change the face of the leadership of the Party? It's obvious and surprising they see him only as their biggest strength and not as their biggest weakness. Because every time Kenny opoen his mouth about excessive spending by King, somebody can ram Rochamel, or the West Coast Road, or the BMW or the salary increases (after mere weeks in office, or the NCA right down his throat. But it's not only that Kenny made mistakes it was his arrogance. Remember how he put out all Ipa business just because Ipa did not support him?