Opposition Senator Urges Public Inquiry on $50 Million Loan for Kensington Oval Renovation

Don’t be distracted by the glitz and glamour of Kensington Oval, said Opposition Senator Ryan Walters, as he urged the public to press the Government for answers on what they spent to renovate the Oval.

“Do not be intimidated by all the fancy pictures you are seeing at Kensington Oval. Do not withdraw from the questioning of the spending of this government when it comes to the taxpayers’ money,” Walters said.

He made those comments last Sunday during a Democratic Labour Party (DLP) St Michael South branch meeting at The St Michael School, Martindales Road, St Michael.

In his address to party faithful, Walters accused the Government of not speaking with one voice about what the $50 million loan from the African Export-Import Bank (Afreximbank) was spent on.

Walters said Prime Minister Mia Mottley, Minister of Sport Charles Griffith and chairman of the National Organising Committee for the International Cricket Council Men’s T20 World Cup, Noel Lynch, gave different accounts in recent months.

“If you wanted to spruce up your home, would you get some estimates, go to the financial institution, borrow some money or would you pull a figure out of the hat, go and get the money and then look for people to do the work?

“They are going out there, taking up huge sums of money, borrowing it, then trying to work out how they are going to spend this money.”

The $50 million borrowed for Kensington Oval was questionable, he said.

“The Prime Minister is on record, and she is saying in the media, the US$25 million loan would have a highly competitive, seven per cent interest rate and a seven-year repayment period and it will be allocated for the urgent refurbishment of the iconic cricket stadium.

“A couple weeks after that, chair of the National Organising Committee is on the record in the media saying half of the $50 million goes to the refurbishment of Kensington Oval while the other half will go to rebuilding that solid platform for the redevelopment of our cricket.

“Then the Minister of Sport is saying the $50 million secured from the African Export-Import Bank was being spent appropriately. The loan will also fund improvements to facilities at 3Ws Oval, Windward Cricket Club and Police Cricket Club where practice matches are to take place.

“This Government does not even know how they intended to spend $50 million,” Walters said.

On Saturday, the media was taken on a tour of the Oval where the new Grand Stand and three-store hospitality facility were revealed. During that tour, it was said the two additions to the Oval were part of the major upgrade which cost $37 million.

While referencing the tour and videos on social media of renovated bathroom facilities and players quarters, Walters had further questions.

“Before April 2024, there was an Oval, pitch, grounds . . . all of those things still remain today. There has not been one permanent structure that has been constructed with that money.