Laurent Lamothe to testify for his management of multi-million dollar Petrocaribe funds

Posted by on Friday, April 22, 2016 Under: Corruptions

Former Haitian Prime Minister Laurent Lamothe has been called to testify before the Government Commissioner of Port au Prince, Danton Leger, on his management of PetroCaribe funds.

The appearance of Lamothe, is because the prosecution was not satisfied with the answers given regarding this matter by the former leader himself two days ago before the Senate Committee on Ethics and Anti-Corruption.

During his days in office (2011-2016), Lamothe signed 180 contracts and social projects worth more than $ 660 million from the PetroCaribe fund.

The prosecution now requires Lamothe to give explanations for his management of funds and projects. During the administration of Martelly, numerous projects were financed by the savings from Petrocaribe.

On April 8, the commissioner issued an exit impediment to Olivier Michel Martelly, the eldest son of former president, under investigation for corruption, embezzlement and money laundering also related to Petrocaribe funds.

In December 2014, Lamothe announced his resignation after Martelly showed favor of his removal to overcome the political crisis facing the country then.

Petrocaribe was born ten years ago as a Venezuelan attempt to help the Caribbean region, particularly Cuba, that could have financial assistance in its oil bill, at a time when oil prices were to double from current levels.

This mechanism of oil integration is made up of Antigua and Barbuda, Bahamas, Belize, Cuba, Dominica, Granada, Guyana, Haiti, Honduras, Jamaica, Nicaragua, Dominican Republic, Saint Kitts and Nevis, Saint Vincent and the Grenadines, Saint Lucia, Suriname and Venezuela.

In : Corruptions 

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