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NHT defiant

Published:Tuesday | November 11, 2014 | 11:00 AM
Percival LaTouche

NHT defiant

The Board of the National Housing Trust (NHT) has affirmed its decision to purchase the Outameni Experience facility in Trelawny for some $180 million with another $100 million to inject in the ailing venture.

After a more than six-hour long meeting yesterday to review the acquisition decision and the laws that govern the Trust, the board emerged "in one accord", said board member, Percival LaTouche.

"We did not make any mistake, we have done our job and will go down in history as maybe the best buy that we have ever made in the housing trust," LaTouche said.

There was no request for the resignations of the board members, another inside sources told The Gleaner, and the members are promising to divulge today, details of the meeting. Prime Minister Portia Simpson Miller is also expected to shed light on the matter today when she responds to questions tabled a week ago, by Opposition Leader Andrew Holness on the controversial purchase of the nine acre property.