THA’s $19M Palms villa deal ... Questions linger over tendering, financial terms, forex woes
Business
Finance
Legal
June 29, 2025
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Elizabeth Gonzales
Tobago Correspondent
The Tobago Regional Health Authority (TRHA) identified The Palms villas as its preferred option, approved the purchase of the $19 million property since January 2024, secured board approval, and even attempted to source foreign currency for the down payment—yet the public was not formally informed of the transaction until a press release issued 17 months later, after the property was purchased.
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