Thursday, September 29, 2022

Guy Joseph Says He Corrected The SLP’s ‘Stupidity’

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Economic Development Minister, Guy Joseph, in addressing the issue of Taiwanese funded projects, has denied ever misleading any embassy, but declared that he had instead ‘corrected the stupidity of the labour party’

Joseph spoke on the matter on Monday during a phone call to Newsspin on Real FM.

He explained that between 2015 and 2016 the established formula for Taiwanese funded projects was to write the list of projects and forward the list to the Embassy.

The Minister said once approved, the projects would be executed and the Taiwanese would release the funds for payment.

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“Between the elections and the budget of 2016 the labour party, led by Dr. Kenny Anthony, and CDP was under his ministry as Minister of Finance, proceeded to allow the ministry to take a loan from SLDB to fund the projects on the premise that these projects would be paid for by the Taiwanese grant funding,” he said.

However, the Economic Development Minister said the labour party lost the elections but had never submitted a proposal.

“We came into government, inherited a situation where some people had been paid by SLDB, some had been paid by Axel Financing and a whole set of other persons had not received their payment because their projects were not completed,” Joseph recalled.

“I came out publicly. I spoke to the Taiwanese Ambassador myself explaining to him what had transpired and I came out publicly and I said that we had to pretend or treat the projects as if they had not been done in order to qualify to get the funding, because how else would you pay for the projects that were implemented under the Taiwanese funded projects?” He stated.

“So I never misled any embassy,” Joseph told Newsspin Host, Timothy Poleon.



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Editorial Staff
Editorial Staff
Our Editorial Staff at St. Lucia Times is a team publishing news and other articles to over 200,000 regular monthly readers in Saint Lucia and in over 150 other countries worldwide.


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