Yves Germain Joseph revealed misuse of PetroCaribe fund with road construction

May, 2016 - Hearing of former Minister of Planning and External Cooperation(MPCE) Yves Germain Joseph, revealed that the Ministry of Planning and External Cooperation contracted with the GTC Construction firm for the construction of 18 km of road connecting Fermathe road through Soisson to end at "Académie de Frères". The total amount of the contract was $ 22 million.

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Misuse of PetroCaribe Funds, Yves Germain Joseph revealed

One: According to the former minister, the company received $ 21 million or over 95 percent of the total cost of the project for performing only 8 km road or 44 percent of the work.

Former Minister Yves Germain Joseph revealed that following this incomplete work, a new contract was signed by the MPCE with the same construction construction company for $ 45 million with also PetroCaribe funds.

I guess GTC Construction firm was compensated for a job well done

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