A 100-year repayment plan - the best the REO could do

A 100-year repayment plan – the best the REO could do

Nov 06, 2024 Letters

Dear Editor

Does it get more bizarre than a contractor, who did not complete projects, being instructed by the REO of the region, to repay the owed sum of six million dollars, at a meagre rate of five thousand dollars per month? (KN Nov 5)
At this rate, it was calculated the repayment would take one hundred years!
It has to be wondered by what authority did the REO think he could be so loose with public funds? Just what was he thinking?
How was the contractor allowed to not complete four projects? This is surely an indictment on the regional authorities and to add insult to injury, a frivolous, wild card repayment plan.
Further wild revelations blunted reason as payments were made to contractors before work commenced and the REO could not do better than the repayment plan hatched with the errant contractor.
The REO as the accounting officer must be held responsible for these unsatisfactory arrangements and must take immediate corrective steps to ensure public funds are better managed.
This is just pure damn nonsense.
Sincerely,
Shamshun Mohamed

(A 100-year repayment plan – the best the REO could do)

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frivolous, Projects, REO, repayment plan, six million dollars

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