Government says an article published in the Financial Times about the retention of White Oak Advisory Ltd to handle its debt restructuring is geared at putting pressure on the Mia Mottley-led administration.
Government has, however, hit back saying it will not be moved.
“This story is intended to distract and distort in order to put pressure on the Government to cave in during the negotiations to restructure the foreign debt, and is clearly timed to coincide with the presence of an IMF mission being on the island at this time,” Mottley’s press secretary Roy Morris stated on Friday.
“It will not work.”
Morris said Government has not hidden any of its dealings with the United Kingdom-based financial firm, and laid its contract with White Oak in Parliament several months ago in keeping with a commitment to full transparency. (BA/PR)
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