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May 28, 2015

Trepidation Amid Changes to Petrocaribe Loans Act

Andrew Marshalleck

In spite of the revision, there are still significant concerns.  The amendments, characterized as aesthetic, are seemingly all glitter and no substance.


Andrew Marshalleck, Attorney in Legal Claim

“So even with the amendments there are still very considerable concerns so that in a sense I can understand why one would use the word cosmetic.  From my perspective they are designed to create an impression but not to produce any results on the ground.  It’s to allow, it’s to give the impression that there is greater accountability and control but yet allow exactly what is happening now to continue unchecked, save for the addition of some quarterly reports to the house.”

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