Deal between Laurent Lamothe & Haiti Observateur

Leo Joseph, the owner of the Haiti Observateur Group has agreed to the dismissal of a lawsuit brought against them by the Prime Minister Laurent Lamothe and Patrice Baker, Lamothe's former business partner. The Haitian Prime Minister Lamothe and Baker sued the online paper in 2012 for publishing an article that alleged them for pressuring "Haitel", a bankrupt telecom company, to sell its assets below market price to an investment company named 'Nord Citadel' who was seeking investment opportunities in Haiti.

ADVERTISEMENT


The main allegation against Lamothe and Baker was that they forced Nord Citadel to make a down payment as full purchase price to buy the assets of Haitel for $25 million though its market value was somewhere around $80 million. The online paper published the story, as per their earlier declaration, on the basis of an interview with Michael Charles, the founder and managing partner of Nord Citadel.

In exchange of dismissal and under the penalty of false swearing, the online paper has agreed to publish an entirely different story that confirmed that the earlier story was fabricated to falsely allege Lamothe and Baker in charge of forceful compulsion. The source for writing the article was misrepresented. Michael Charles of Nord Citadel refuted Observateur's earlier claim and said he never met the Haitian Prime Minister neither the Prime Minister nor his former business partner were involved in any way in promoting the sell. Charles had never been in Haiti before. He had received a phone call from Haiti Observateur for a possible interview that never materialized.

In fact, there was no sale of assets ever happened to the bankrupt Haitel company. It will be placed in auction in the coming months. The District Court Judge John O'Sullivan approved an order of settlement between the parties on October 28, 2013. However, the terms of the settlement were not yet disclosed.

Reply to this article

Read more: Laurent Lamothe, Media, Haiti Observateur, Haiti Telecom, Newspaper, Haitel, Leo Joseph, Patrice Baker, Media

« Jean Rene Duperval, sentenced for bribery by Cinergy and Terra | Main | Rene Duperval Motion to Appeal Sentence in Telecom Kick-Back Scheme »

Return to Articles List

Leave a Reply

Name (required)

E-mail (required, will not be published)

Subject: Deal between Laurent Lamothe & Haiti Observateur edit

» »

Our objective is to share with you news and information about Haiti and the people of Haiti. Traditions, habits and the way we were  or  grew are alive in this site. We highly recommend that you Subscribe to our Newsletter and also share with us some of the things that are memorable and made us unique people.