Grenadians, please be careful with the NNP propaganda from Gregory Bowen that they buy back the Grenlec shares to put the electricity company back in the hands of government.
That’s a big lie from Keith Mitchell and Bowen as there was no negotiation between the two parties on the sale of the shares.
What happened is that the NNP Government was forced to pay money to WRB Enterprises in order to settle a court judgment for these shares. IT IS A COURT JUDGEMENT AGAINST NNP.
Keith, Bowen and NNP lost big time in the court hearing before the International Tribunal in Washington.
It is the same way that Keith and NNP still have to pay millions for wrongs committed against Gemma Bain-Thomas, Dorset Charles, Dipcon and many others.
Grenadians, please do not allow Keith, Gregory and NNP to put any spin on the Grenlec issue as they got their behind trashed in an international court that is now costing the taxpayers US$63M and still counting as lawyers’ fees running into millions have to be paid.
Don’t forget that the same WRB offered Keith and Bowen the same shares for EC$80 million in 2013 and 7 years later because of their egos, the same two old men had to pay $120 million more to WRB for the same shares based on a court ruling against them in the United States.
THERE WAS NO NEGOTIATION BETWEEN THE NNP GOVERNMENT AND WRB FOR THE SHARES – IT WAS SIMPLY KEITH AND BOWEN HAVING TO FIND THE MILLIONS TO SATISFY AN INTERNATIONAL COURT JUDGMENT AGAINST THEM.