To my ‘woke’ countrymen, I ask that you please enlighten me as to how the Oban deal is binding, no matter what a foreigner is suggested as suggesting; but is this what he is really suggesting?

“Ceremonial Signing is Binding” – The Tribune

Excerpt from this article; “OBAN Energies President Satpal Dhunna has said Peter Krieger, he company’s non-executive chairman, signed a heads of agreement with the Bahamas government during a ‘ceremonial’ at the Office of the Prime Minister three weeks ago, because he, Dhunna, could not make it.

In a March 7 letter addressed to the Office of the Prime Minister, Mr. Dhunna said he signed ‘the original counterparts’ of the heads of agreement ‘for and on behalf of Oban Energies’ in Nassau prior to his return to London.

‘As I am unable to return for the ceremonial signing scheduled for February 19, 2018, Peter Krieger, non-executive chairman, attended under the consent of Oban Energies, including but not limited to its members, the ceremonial signing for and behalf of Oban Energies LLC’, Mr. Dhunna’s letter notes.

‘Oban Energies…hereby considers itself bound by the head of agreement and is fully committed to progressing the project in accordance therewith.”

So he could not make himself available for the ceremonial signing of a possible multibillion dollar deal and note the use of the word; possible because as the agreement is currently drafted nothing has been finalized yet to the best of my knowledge, no matter what is who has what to say; I do stand to be corrected but as the president of Oban states “Oban Energies…hereby considers itself bound by the heads of agreement and is fully committed to progressing the project in accordance therewith” exactly what does this mean?

“According to the heads of agreement, once Oban has completed the EIA [environmental impact assessment], the government, upon receipt of it, has 60 days to offer feedback”,  it is true that the government cannot cancel the deal but could this possibly mean that the project could not proceed without the government’s approval upon the successful submittal of an adequate environmental impact assessment report?  If this is what this means then those that would suggest that the ‘deal is sealed’ are being less than honest with the people of the country, simple.

I do have concerns about the project and the first question that I would like to ask of Prime Minister, the Hon. Hubert Minnis is if the two previous prime ministers, in the Hon. Hubert Ingraham and the Hon. Perry Christie, by my research, turned this deal down for various reasons; what makes him feel that he has the ‘magic touch’ to actually make this deal a success, I am sure he will address this point when he gives his contribution in the House of Assembly and addresses this matter.

We patiently or impatiently wait.

END