The government will pay the interest Sh5 billion of six-month debt

 
Leader of the Official Opposition camp in Parliament, Freeman Mbowe to donate hearing to approve the State's General Budget for the financial year 2014/15, in Dodoma yesterday
Dodoma. The Government shall pay the loss of more than Sh5.2 billion (U.S. $ 3.1 million) which is interest on arrears of payment of six months for the company Elekron Jacobsen AS implementing the first phase of the power project Kinyerezi, Dar es Salaam.

This newspaper that the company limebaini inaidai Norwegian government 48.8 million dollars (Sh80.52 billion), if the arrears are paid from November last year and May this year.

Besides, the company threatened to terminate the execution of the project and remove its facilities as are not paid at least 25 million U.S. dollars (Sh41.25 billion) to June 15 this year.

In his letter of June 5, 2014 signed by the Project Manager Kinyerezi of Jacobsen, Stein Sundbye go to the Executive Director of Tanzania Electric Supply Company (Tanesco) and copied to the Secretary - Treasurer and colleague of Energy and Mining, the company imelalamikia delays of such payments against the contract between the two parties.

"Back to our letter of May 23, 2014 which issued a notice of 14 days that we stopped our work in accordance with this 41.2 of the contract, unless we receive payment, we claimed the U.S. 48.8 million as invoice claims attached here shows," says part of the letter and add:

"As we have mentioned this notice concludes June 6, 2014 at the termination of the work will begin. Despite pray we get paid or that we are told when these payments are made, we have not received any response given all our money or in installments as was promised by the Ministry of Finance in CDA.327/602/01 letter with Ref No. 4 April 2014.

Laibuka parliament

Yesterday evening, the issue liliibuliwa and the opposition leader in Parliament, Freeman Mbowe who said the government has been exposed to the loss of billions of dollars due to planning the implementation of major projects without guaranteed money.

Contributing move of the government's budget Mbowe who is also Hai MP (Chadema) said: "When the government finds money to implement development projects, we have entered into debt to wonder if we should be careful which could have been avoided.

"I have a real example here that shows how the Government itakavyolazimika pay interest of more than Sh5 billion for failing to pay money to company Jacobsen builds project Kinyerezi One, this is a great shame for we have arrears of debt in six months