|Listen to Live Jamaican Radio, Listen to Power 106 FM 24x7. Click Here to Listen Free | (Advertisement)|
CAPI files court action to block NHT drawdown
2013-02-22 13:35:50 | (0 Comments)
Barbara Gayle, Justice Coordinator
Attorney-at-law Hugh Wildman - File.
The group Citizens Action for Principle and Integrity (CAPI) has filed a motion in the Supreme Court seeking to block the National Housing Trust (NHT) from handing over to the Government $45 billion for budgetary support.
The money is to be handed over in four installments of $11.4 billion over four years.
The motion was filed a short while ago by attorney Hugh Wildman on behalf of CAPI member, Mario Harley.
Wildman went before Justice Donald McIntosh who ordered that the NHT be served with the relevant documents.
A hearing was then set for next Friday, March 1 at 10 a.m.
CAPI is arguing that the under the NHT Act, the Agency is a Trust for which the board directors are the trustees.
It is also contending that the money is to provide housing solution for contributors.
FOR MORE STORIES WATCH
Like our new Facebook page http://www.facebook.com/gleanerjamaica
Follow us on Twitter
Source: The Gleaner/Power 106 News
The opinions on this page do not necessarily reflect the views of The Gleaner. The Gleaner reserves the right not to publish comments that may be deemed libelous, derogatory or indecent. To respond to The Gleaner please use the feedback form.
Go- Jamaica: Home | Business Directory | Jobsmart | Chat | Gallery | Videos | Events