Preconco puts case
THE MAN AT THE HELM of the company contracted by Government to build three molasses storage tanks at the Bridgetown Port says Opposition Senator Kerrie Symmonds is using the issue as “a political football” and is not giving the public a complete picture about the arrangement.
Managing director of Preconco Limited Mark Maloney sought to set the record straight in his first public comment on the issue which has seen Symmonds and Minister of Agriculture Dr David Estwick at loggerheads.
His comments to the SUNDAY SUN came in response to Symmonds’ charge that the full cost of the three new tanks to replace those used by the rum industry would surpass $50 million.
The Barbados Labour Party (BLP) senator last week provided copies of a June 18, 2012 proposal Maloney sent to Estwick which referred to a $12.2 million cost for construction as well as a non-cancellable 20-year lease that would add $42 million to the bill.