Chamber Welcomes Pause in Acquisition Drive - Calls Again for Independent Assessment

And while the PM says it is BTL pushing the Speednet acquisition, it's he that put a pause on it, according to the Minister of Public Utilities. And the Chamber of Commerce is welcoming that pause. A release issued yesterday says, quote, "The BCCI urges the PUC to advocate for, and the GOB to effect, all necessary legislative amendments to safeguard the integrity of the decision-making process.

The Chamber also reiterates that the valuation methodology and financial implications of the proposed transaction-especially where public funds and the Social Security Board's exposure are involved-require independent verification and full public scrutiny." End quote.