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We spoke to Stuart Young as he was heading to the Parliament building on Friday afternoon.

He said they are set to provide information pertaining to the HDC's awarding of 3.4 billion dollars in contracts to 11 companies, which the OPR has brought to a halt.
The matter has so far been met with silence from Housing Minister David Lee.

Alicia Boucher has more in this report.
Transcript
00:00As the Office of the Procurement Regulator launches its investigation into the HGC's awarding of $3.4 billion worth in
00:08contracts to some 11 contractors,
00:11confirmation on the way forward comes from MP for Port of Spain North St. Anne's West George Young Senior Counsel.
00:17Young, along with attorney Randall Mitchell, first brought the concerns to light in representing their client, activist Wendell Eversley, calling
00:25for a criminal probe.
00:26What will be happening now is we will be providing the OPR officially with information that has been coming to
00:35our possession with respect to these awards.
00:39I use very, very careful languages I always do, which was bid rigging and potential cartel-like behavior similar to
00:47what happened with EMBD and EFCL in the past.
00:50Young views the action taken as a sign that the procurement laws are working.
00:54And he states that a matter is not to be slighted.
00:57It has been stated by a minister in the Ministry of Housing, Philip Alexander, that HGC has not expended any
01:04money,
01:04as the contractors are the ones who are paying for the construction of the projects,
01:08which the banks or mortgage companies will then purchase, allowing them to recoup what was spent.
01:15Young is addressing those claims, saying the government is attempting to create a smokescreen.
01:19And to suggest that, oh, this is a design-build, design-finance-build type of contract.
01:26Again, that is a red herring, because even if it is those types of contracts, you have to be qualified.
01:32And there must be a guarantee by HGC that they will purchase the houses.
01:37This is not a private sector development where they would be selling the houses directly to people.
01:43Young Rubbish's statements implying that a procurement process was followed.
01:47He says it was not an open or public tender, but rather a selective one.
01:52The way they choose exactly who they want to participate in, which is why I use the words bid rigging.
01:57And I'll have you all know that our clan, Mr. Eversley, through Mr. Mitchell, myself and others,
02:02we have been sending quite a lot of correspondence to the OPR because we're finding many, many state enterprises
02:08in breach of the law, and that will become public very soon.
02:11Young states that they are failing to publish what they are tendering for and have been disregarding
02:17this legal part of the procurement process.
02:19He tells us the OPR is looking into that as well.
02:23Young is now qualifying a previous statement, which suggested that some of the companies awarded
02:28the contracts were incorporated a year ago.
02:31I was asked that question.
02:32That was the information that came to me.
02:34None of the 11 were incorporated this year, as I'm sure you've seen by now.
02:39But what we need to do is see the full list.
02:41Let's see who else was invited.
02:42Let's see who else was in this elective tendering.
02:44The senior counsel questions if the cabinet was involved, which would be done through the housing minister.
02:50And what were the roles of the HTC's chairman and acting managing director in what has transpired?
02:57Young adds that in the past few weeks, the HTC's corporate secretary and head of legal have both resigned.
03:03The media attempted to seek answers from Minister of Housing David Lee prior to the sitting of the House of
03:09Representatives.
03:10The $3.4 billion contract that was supposed to be given to 11 businesses now put on hold.
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