Jan 28, 2021 Michael Peyrefitte In response to Lead Opposition Senator Michael Peyrefitte, Senator for Government Business Eamon Courtenay pulled out black and white proof that shows that what was done today was a plan created by the Barrow Administration. The P.U.P. Government says that this process was in motion before the November eleventh elections. Today, Senator Courtenay whipped out WhatsApp messages dated last year between a C.E.O., a former U.D.P. minister, and the interested investor discussing the New York Convention’s ratification.
Michael Peyrefitte, Lead Opposition Senator “There is this talk that the U.D.P. did two things, that the U.D.P. start this process before November eleventh. You see even in the P.U.P. press release yesterday. That is absolutely and utterly false. There were initial negotiations. We did commit to talk about it at some point in the future. But what was the problem Madam President we could not be convinced as to what was the connection between debt negotiation and arbitral awards. Where did that come from? This debt restructuring that you are talking about, how does that benefit us.”