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Warner accuses Imbert of 'voodoo maths'

07:18am | Wed, June 13, 2012

Government Minister Jack Warner has reportedly  accused former works and transport minister Colm Imbert of using "voodoo maths" in a bid to cast blame away from the People's National Movement (PNM) in the purchase of four water taxis.
The Trinidad Express  reports that  figures in documents from the National Infrastructure Development Company  show that the purchase and subsequent sale of the vessels resulted in some $127 million being lost as the vessels were sold for $6 million.
On Monday, the Express exclusively reported the sale of the four water taxis—the MV Su, the HC Olivia, the HC Katia and the HC Milancia— and quoted official documents from Nidco, which stated that capital expenditure (cost and upkeep) on the vessels was $133 million.
Imbert, on Tuesday, issued a release stating the figures were inflated by 100 per cent and questioned who was benefitting from the sale of the vessels.
In a statement, Warner stated the figures carried in the Express were accurate.
 
http://www.trinidadexpress.com/news/VOODOO__MATHS-