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“SIDF is a big scam”

“I want to tell you, you see the SIDF, the SIDF is a scam, a big scam established by scamps, that’s what it is,” said Condor, speaking at a PLP political rally on Bank Street, Basseterre on 9th August.

“The SIDF is the biggest scam and it was established by scamps to enrich themselves and impoverish the majority of the people. That is what this SIDF has been doing,” he said.

“This land- for- debt- swap is not a simple matter you know; it is not a small matter you know; it is the greatest treachery ever perpetuated against the people. You are talking about taking way your heritage, your patrimony and you cannot allow that…and so with this land-for-debt-swap what they have done is they have introduced what they call the SIDF in order to work further problems against the people,” Condor said to hundreds who had gathered after work on the overcast Friday afternoon.

Condor said that Prime Minister Denzil Douglas’ latest utterances have brought further to the fore the scam that the SIDF is.

“If you do not think that the SIDF is a scam, you only have to listen to the prime minister’s bunkum that he spoke the other day that he’s going to bet his bottom dollar that the SIDF will buy the lands and hold them in trust for the people. Nonsense! Ridiculous! You don’t want anything worse than that,” Condor said.

“He is going to bet his bottom dollar, his last dollar that the SIDF will buy back the lands to hold them in trust for the people; but who is in charge of the lands?; who is in charge of the Ministry of Finance? Douglas is in charge of the Ministry of Finance so he’s going to buy the lands for himself and hold them in trust for the people,” Condor said. “The man is gambling with the patrimony of this country. That is what he’s doing, gambling with the patrimony of the people this country.”

“I hear people talking about the SIDF is a genius of an invention. I hear the man from Nevis, Yearwood, and Edinborough say it is the most inventive programme in terms of venture capital. Nothing could be further from the truth.

“The SIDF was established to pay management fees to friends and family, legal fees to friends and family, director fees to friends and family, finder’s fees to friends and family and all kinds of other fees. That is what the SIDF was created for and they are giving it the slush fund; that is the name of it; that is what it is; it is simply scandalous; there is no other description for it; it is scandalous,” Condor said.

PLP-Chairman-at-Bank-Street-meetingHe added: “The SIDF will buy back the lands and hold them in trust? You ever hear such nonsense! How could the people’s money be used to buy the people’s land to hold in trust for the people? It makes no sense! The SIDF is the people’s money; the land belongs to the people.”

To bring home his point Condor used an analogy.

“It is like anyone of you who has a bank account and who owns some land…you’re going into the bank taking out your savings and going to buy land that you already own to hold in trust for your children. That is what it’s about. That is what it amounts to,” he said at the public on Friday 9th August, 2013.     


 

 

 

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