{"id":155737,"date":"2022-07-13T13:26:43","date_gmt":"2022-07-13T17:26:43","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=155737"},"modified":"2022-07-13T13:26:43","modified_gmt":"2022-07-13T17:26:43","slug":"walker-chides-administration-for-failing-to-present-audited-accounts-on-national-housing-as-10-million-loan-is-approved","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/walker-chides-administration-for-failing-to-present-audited-accounts-on-national-housing-as-10-million-loan-is-approved\/","title":{"rendered":"Walker chides Administration for failing to present audited accounts on National Housing, as $10 million loan is approved"},"content":{"rendered":"
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REAL NEWS- Barbuda MP Trevor Walker is adding his voice to the call for National Housing\u2019s audited financial accounts to be laid before the Parliament.<\/p>

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Since the Browne Administration\u2019s first term in office, the United Progressive Party has been making a similar call \u2013 which seems to have fallen on deaf ears, since only management accounts have ever been presented.<\/p>\n

Walker reminds the Administration that, for years, the Government has been borrowing millions of dollars to inject into the entity; but there is no proof that the people have been getting value for money, despite the Prime Minister\u2019s boast about the housing boom in Antigua and Barbuda.<\/p>

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Walker\u2019s comments come on the heels of a Resolution that was passed by the Parliament on Monday, July 11, that sought permission to borrow another $10 million to inject into National Housing.<\/p>

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Walker warns the Government that it cannot continue to pump money into the entity without the people knowing how their tax dollars are being spent.<\/p>\n

A resident involved in the construction industry, meanwhile, calls the request for another injection of $10 million \u201cjust incredible.\u201d<\/p>

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\u201cThis is a project in which houses are\u00a0sold<\/em>,\u201d he says. \u201cThis is not free housing provided for the indigent, like Section 8 housing for welfare recipients in America.<\/p>\n

\u201cWhere is the profit on all the houses already sold; houses that were financed by bank loans the owners had to take out? And if there is no profit, then there is mismanagement, and an audit needs to be undertaken urgently,\u201d he says.<\/p>

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Several years ago, the St. Phillip\u2019s South MP, Lennox Weston, who is also the Minister of Works, declared that the Administration was burning money via the National Housing scheme of \u201c500 Homes in 500 Days.\u201d<\/p>

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REAL NEWS- Barbuda MP Trevor Walker is adding his voice to the call for National Housing\u2019s audited financial accounts to be laid before the Parliament. Since the Browne Administration\u2019s first term in office, the United Progressive Party has been making a similar call \u2013 which seems to have fallen on deaf ears, since only management […]<\/p>\n","protected":false},"author":3,"featured_media":146611,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-155737","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nWalker chides Administration for failing to present audited accounts on National Housing, as $10 million loan is approved - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/walker-chides-administration-for-failing-to-present-audited-accounts-on-national-housing-as-10-million-loan-is-approved\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Walker chides Administration for failing to present audited accounts on National Housing, as $10 million loan is approved\" \/>\n<meta property=\"og:description\" content=\"REAL NEWS- Barbuda MP Trevor Walker is adding his voice to the call for National Housing\u2019s audited financial accounts to be laid before the Parliament. 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