Troubling Clouds Over Petrojam

Petrojam
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Jamaica News, Kingston: Three Jamaicans on the board of Petrojam have tendered their resignations following a meeting that was summoned by Science, Energy and Technology Minister Dr. Andrew Wheatley last week. They are, chairman Perceval Bahado-Singh, Director Richard Creary and Director Harold Malcolm.

The Board members were summoned to a meeting subsequent to findings of an investigation into several troubling matters affecting the state-owned entity. Minister Wheatley has said that he will take action to deal with the matters affecting PetroJam.

It is alleged that outgoing chairman Perceval Bahado-Singh was reimbursed over 8000 USD by the government of Jamaica for a plane ticket for a meeting in the UK, which he did not attend.

Opposition Spokesman on Energy Phillip Paulwell is calling for the results of the investigation into the issues at PetroJam to be made public.

Petrojam is Jamaica’s only petroleum refinery. It is jointly owned by PDVCaribe a subsidiary of Petroleos de Venezuela (PDVSA) and the Petroleum Corporation of Jamaica (PCJ). The PCJ is wholly owned by the government of Jamaica.

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