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Opposition to throw more Outameni questions at PM in Parliament today

Published:Tuesday | November 18, 2014 | 9:39 AM

The Opposition is turning up the pressure on the Government over the decision of the National Housing Trust to buy the Outameni property in Trelawny for $180 million.

Last week the Prime Minister attracted intense criticism after she attempted to answer questions in Parliament posed by the Opposition.

The Opposition Spokesman on Finance, Audley Shaw says come this afternoon, the Opposition will be tabling further questions for the Prime Minister to answer.

The Prime Minister will have seven days to provide an answer to the questions.

The Opposition’s further questions to the Prime Minister follows the weekend revelation that the Development Bank of Jamaica had written off some $80 million in equity it had invested in Orange Valley Holdings – the operators of Outameni.

Yesterday, the DBJ sought to explain why it decided to write off its shares in Outameni.

It says the attraction owed some $209 million to lenders and the figure continued to accrue interest, further increasing its balances.

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