Who Did Barbados Prison Consulting?… VECO Paid Alaska Bribes Through “Consulting” Contracts With Politicians’ Relatives!!!!!

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Extreme Makeover: Veco Edition

by Laura McGann – May 29, 2007, 12:24 PM

Sen. Ted Stevens (R-AK) jacked his house off the ground, inserted a new first story and placed the old first floor on top, thanks to the help of a top executive at local oil company Veco Corp. who hired at least one key contractor to complete the feat of a job.

Veco is entwined in a broad federal investigation that has led to the indictment of four current and former Alaska politicians and ensnared former Alaska Senate President Ben Stevens, son of Ted Stevens. Local press concluded that Stevens was state “Senator B,” listed in the charging documents of two former Veco Corp. executives who pled guilty to federal bribery and conspiracy charges, saying they gave the younger Stevens $242,000 in illegitimate consulting fees.

Neither Stevens has been charged with a crime.

It’s unclear how the senior Stevens’ home doubling is connected to the broader investigation, but the Feds are now eyeing the construction job according to the Anchorage Daily News , which noticed a line in the Veco executives’ plea bargains that could link the senator to the probe:

The sentence, preceded by a listing of a dozen Veco-related enterprises around the world, said: “Veco was not in the business of residential construction or remodeling.”

Maybe they dabbled.

… from TPM MuckRaker.com (link here)

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Barbados Politicians Love Those “Consulting Fees”

We have always said (and everybody seems to know) that in order for a foreigner to build much of anything on Barbados there must first be many “studies” and “consulting” workups to make sure the project can be built in a proper manner. Yes, sir – there must be much “consulting” done – usually by a friend or relative of someone who is involved in the approvals process, you see!

Readers will remember that waterpark developer Matthew Kerins complained about spending millions in “consulting fees” on Barbados with little or no result. That’s life on the rock for foreign developers. (Hey Matthew… it would have been ok had the Prime Minister and his crones “consulted” with the voters before you paid the “consulting fees”, but as we told you before – now that the voters have their backs up about the waterpark at Graeme Hall, you can kiss that “consulting” money goodbye!)

As shown in the Alaska newspapers’ accounts of the FBI investigation into VECO – the company that is building the new Barbados Jail – Veco has a corporate culture of corruption where politicians were regularly bribed to achieve company goals.

Knowing Barbados, it is beyond the imagination to suggest that VECO’s corporate culture of bribery was not welcomed here by some.

Faced with all the above, we expect the Attorney General of Barbados to launch an immediate investigation into all “consulting” and “sub-contracting” fees paid out by VECO in the past 13 years – during the building of the Oil Terminal, the Jail and any other work performed by VECO or associated companies on Barbados.

The people of Barbados demand to know if any “consulting” or “sub-contracting” fees were paid to companies owned or controlled by politicians or their families or friends.

How Much Is The Prison Over Budget? YIKES!

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15 Comments

Filed under Barbados, Business, Crime & Law, Politics & Corruption

15 responses to “Who Did Barbados Prison Consulting?… VECO Paid Alaska Bribes Through “Consulting” Contracts With Politicians’ Relatives!!!!!

  1. akabozik

    Keep at it Barbados Free Press!

    You are what this country needs at this moment.

  2. Straight talk

    Is the prison over budget or were we lied to by Mia from the very beginning?
    VECO says the prison is 80% complete and is expected to come in at $300 million dollars ON BUDGET.
    Our former Attorney General, when announcing the contract, stated in The Nation the new prison will cost around $100 million.
    Someone is lying to us, and maybe Dale Marshall ought to clarify matters before the voters are forced to come to their own conclusions through lack of factual information.
    Inkwell: Not trying to be partisan, just accurate.

  3. Anonymous

    Unlike the staff shortage at QEH, there always seems a Nurse on duty when a controversial consultancy contract is demanded.

  4. Correction

    JUST beyond the imagination..
    please!

  5. lawrence loughlin

    To Laura McGann
    Re: Caribbean Splash Water Park

    I admire you for at least stating your name on this blog which is highly unusual. However, your assumptions of large consulting fee’s is erroneous. I believe a business should stand on its own merits only. If the Government approves the project that is fine, if not, that is ok also.

    I do concurr with your idea about the voters having their say. Therefore, would you have any objection to a referendum on this issue ? Than the whole island could have their vote on this matter. My private polling showed that 93% of Bajans are very excited about having a world class Water Park. I will even go one step further, if 75% or less do not say ” YES ” to a Water Park, than we gone ! Majority does rule in a democracy. I have no fear of what the outcome would be, do you.

  6. Straight talk

    LL,
    I have no problems with your company investing in a Water Park, although I seriously doubt its long term viability.
    My problem is your proposed siting adjacent to one of our few remaining environmentally sensitive areas.

    You are perfectly welcome to risk your own money on your own land, not GoB land.

    From past performance, we cynical Bajans see this proposal as a backdoor attempt by the usual suspects to expedite change of use.

  7. John

    Straight talk

    It is as straightforward as that!!

  8. Thistle

    Straight Talk/John: You are dead right!

  9. Hants

    There will be no WaterPark built near or in Graeme Hall period. Trust me.

  10. Thistle

    Gosh, I hope you’re right, Hants. I hope to God you’re right.

  11. Wishing in Vain

    The change of use has come at a cost to these developers who despite having financed the party kitty but they never expected that their attempt to ride in thru the back door would have been resisted, we may be needy and wanting the investment by we really do not need it in the Greame Hall swamp area.
    Select somewhere like St.Lucy and you can have it after all with your research showing you that 93 % of Barbadians want this park so badly you should do very well in St.Lucy after all they will be so eager to play with you that they will drive to all extremes to get to spend there money in your water park.
    BUT NOT IN GREAME HALL NATURE PARK does the name give you a clue that a water park has no right in a nature park reserve???

  12. World Class

    Loughlin says the Waterpark would be world class? Oh, give me a break. The old plans, and now the new plans, show a little waterpark that looks like most other little waterparks. World class in Barbados? Forget it. Kerins and his partners don’t plan to invest that kind of money.

  13. Wishing in Vain

    We know beyond any shadow of a doubt that these VECO people pay bribes, are we going to have a full length investigation into who they paid in Barbados to get these contracts as I am certain money was paid!!
    Do I hear the same names coming forward again like Owing, Nicholls, Bannister and Shorey ??? Somehow I think they will make a showing and the question is just how much and how was the split arrange after all over a $ 100 million can take a lot of splitting.

  14. bajemonkey

    Hi Guys/Gals,
    Loughlin is clearly a fraud ignore him and he might just go away. About houses Short, very short Glyne Bannister is remodelling his house at Westmorland. He is Veco’s man in town. Keep at it.
    A good book. Read Gladwell’s book “Tipping Point”. Barbados is now at it’s Tippimg Point. The problem is where are the voices the independent thinkers. Are there any left? No more Gladstone Holders’ or Oliver Jackmans’. Where are our intellectuals? Why are they not enlightening the public on the current very important matters i.e BS&T? They benefitted from the public purse i.e education. What of Andrew Downes, the UWI school of business. This country appears to be in a comatosed state heading rapidly in the direction of Moribund. What is very frightening is we appear to be heading down this road with great GLEE. IS THIS WHAT WE GET FOR FREE EDUCATION?

  15. John

    Sen. Ted Stevens (R-AK) jacked his house off the ground, inserted a new first story and placed the old first floor on top, thanks to the help of a top executive at local oil company Veco Corp. who hired at least one key contractor to complete the feat of a job.

    +++++++++++++++++++++++++++++++++++

    Talk about home improvement.

    Only Tim Allen could conceve of such a project.

    …ar … ar !!

    Bill has to be related to Tim.