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CAPI denies it is attempting to frustrate IMF deal
2013-03-10 12:07:42 | (0 Comments)
The lobby group Citizens Action for Principle and Integrity (CAPI) says its legal challenge to the Governmentís $45 billion draw down from the National Housing Trust (NHT) is not an attempt to frustrate Jamaica's efforts to secure a deal with the International Monetary Fund.
CAPI says on the contrary, it believes the government is doing the right thing, but in the wrong way.
Co-convenor of the group Hugh Fagan says CAPI will support any creative move to take funds from the NHT on the condition that such a move does not injure the law or the viability of the Trust.
The lobby group insists that the subsequent amendment to the NHT Act will only serve to erode and plunder the state-owned company.
Meanwhile, CAPI says its legal challenge will now take the form of a constitutional motion.
The group says that motion has already been filed by attorney-at-law Hugh Wildman.
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Source: The Gleaner/Power 106 News
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