Lee names firms awarded millions in HDC contracts under PNM

Se­nior Po­lit­i­cal Re­porter

Hous­ing Min­is­ter David Lee has de­scribed the Hous­ing De­vel­op­ment Cor­po­ra­tion (HDC) as a “big slush fund” un­der the for­mer Peo­ple’s Na­tion­al Move­ment (PNM) ad­min­is­tra­tion, nam­ing sev­er­al com­pa­nies he said re­ceived mil­lions of dol­lars in con­tracts, in­clud­ing one linked to PNM as­sis­tant gen­er­al sec­re­tary and San Fer­nan­do Deputy May­or Pa­tri­cia Alex­is.

Lee made the claims in the House of Rep­re­sen­ta­tives last Wednes­day dur­ing de­bate on the Pub­lic Pro­cure­ment and Dis­pos­al of Pub­lic Prop­er­ty (Amend­ment) Bill, 2026. The bill was passed de­spite op­po­si­tion from PNM MPs and is sched­uled for de­bate in the Sen­ate to­day.