Former finance minister Winston Jordan has said that with no agreement between the government and ExxonMobil made public or shared with the Parliament on how the pipeline for the more than US$2 billion gas-to-energy (GtE) project is being funded, it seems like the government has taken an illegal loan.
“We have no agreement in public of what is the arrangement with ExxonMobil for them fronting the pipeline. All we have is statements, from time to time, from [Project Lead Winston] Brassington and [Vice President Bharrat] Jagdeo. Not even calls by the Parliamentary Economic Committee have been answered. There is just nothing, nothing, nothing! How does one start a project and not formalise agreements?” he asked rhetorically in an interview with the Stabroek News yesterday.