Sunday, May 19, 2024
Home Editorial Taxpayers still paying $4.4b Petrotrin loans

Taxpayers still paying $4.4b Petrotrin loans

Taxpayers still owe $4.4 billion for scan­dalous Petrotrin project cost overruns from the Patrick Manning era. So far, the country has repaid $7.5 billion on several loans to finance several hugely expensive ventures at Pointe-a-Pierre.Heritage Petroleum Company has admitted to the sum paid, but has not acknowledged that the debt relates to projects that cost…

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