PM: Collapse of Petrotrin/Patriotic deal disappointing for both buyer and seller

PM: Collapse of Petrotrin/Patriotic deal disappointing for both buyer and seller

Prime Minister Dr Keith Rowley said it was ironic that the Opposition is aghast at the collapse of the Petrotrin refinery sale to Patriotic Energies and Technologies Company Limited, when they never wanted the refinery sold to Patriotic in the first place.

In an interview with GML, the PM said Patriotic failed to meet the “business milestones” which needed to be met to fulfil its end of the deal.
He said “It was unsuccessful and disappointing for both buyer (Patriotic) and seller (Government) but certain business milestones just have to be met.”

He also dismissed calls from the Opposition that he resign over the collapse of the sale.

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Rowley told the media house, “So a buyer can’t find the money to pay for something that is to be purchased, therefore, I ( representing the seller), must resign.
“You know what that “logic” is saying? It can only be saying that the Government should have concluded the sale even though the buyer can’t pay for the item.”

The Prime Minister said that had the Government done that, “this same irrelevant woman would have been out front, leading the charge, as the Government was being accused of being irresponsible.”

He added “all their foolish and undermining conspiracy theories (about Government being in bed with Roget) have now been shown to have and never had any merit.”

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