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Consultant loses $144m lawsuit against the Gov't
2013-05-27 08:58:21 | (0 Comments)
Barbara Gayle, Justice Coordinator
A former consultant who sued the government to recover $144 million in damages for alleged breach of contract has lost his court challenge.
Keith Senior had claimed the Ministry of Finance and the Government of Jamaica had engaged his services in May 1994 and later in 2002 to undertake consultancy work in relation to the privatisation of Air Jamaica and the subsequent distribution of the airline's pension fund surplus.
He alleged that he entered into an oral agreement with the then Minister of Finance, Dr Omar Davies, in relation to the privatisation project.
He said he was expected to explore ways of achieving savings for the Government by reducing the net current liabilities of Air Jamaica Limited, which at the time stood at $1.4 billion.
According to Senior, the agreed fee for undertaking this project was 10 per cent of the savings to be realised.
He further contended that he successfully negotiated certain matters with the Air Jamaica acquisition team which led to the elimination of the current liabilities of Air Jamaica prior to the date of privatisation.
Senior argued that he completed his part of the agreement and he therefore submitted his invoice in June 2002 for the payment of $140 million.
He contended that despite his repeated requests the Government of Jamaica failed to pay him.
The government which was represented by Attorneys-at-Law Tasha Manley and Harrington McDermot argued that there was no such agreement.
Friday, Supreme Court judge Justice Bertram Morrison handed down judgment in favour of the government.
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Source: The Gleaner/Power 106 News
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