What a tangled web they weave and those that suffer are the people of Puerto Rico.
There is more than a hint of corruption, which appears to start with the Governor of Puerto Rico, Interior Secretary Ryan Zinke and others. The Trump administration should, if they were concerned for the residents of Puerto Rico, a state of the US, look into this as there appears to be a serious fishy smell or hint of corruption. Trump himself could gain some credibility by having this investigated, but will he.
The Puerto Rico Electric Power Authority (PREPA) has canceled its outrageous no-bid $300 million contract with Whitefish Energy Holdings, which, among other things, forbid federal and Puerto Rican authorities to audit its labor costs and profit and had no penalties for failure to meet project deadlines.
But questions remain: Why was the contract granted in the first place? And what is PREPA going to do next to restore power?
The whole thing reminds me of the contracts for reconstruction of Iraq. After the invasion, American and other foreign companies were given lucrative, no-bid contracts to rebuild Iraq’s electrical systems, other public utilities and physical infrastructure. Well-qualified Iraqi companies and workers were cut out of the process.
The result was that a lot of government contractors made a lot of money and very little reconstruction took place. I can see the same thing happening with Puerto Rico—maybe a little less brazenly…
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