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Trinidad: Govt on trail of $500m CoE launched into Pt Fortin Highway land acquisition

A COMMISSION of Enquiry has been launched into land acquisition for the Point Fortin Highway project after reported over valuations and more than half a billion spent, reported Communications Minister Stuart Young.

“How over half a billion dollars, $500 million, could have spent…in the acquisition of land and they are not even near to being nearly completed with the amount of land that needs to be acquired?”

He made the announcement yesterday at the post-Cabinet media briefing held at the Diplomatic Centre, Port of Spain.

He said the acquisition of land in the project, which Brazilian contractor OAS abandoned and Government had to recover a billion dollars, has come under scrutiny Ministry of Works of Transport did a preliminary investigation and came to Cabinet a few months ago with a report “which concerned us very greatly.”

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