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WASA: Judge s order to pay $140m debt will cause financial ruin

2 Hrs Ago AN Appeal Court judge has ruled that there were no special circumstances to warrant a stay of a judge’s order that the WASA pay TT Security Services Ltd over $140 million arising out of debt owed from contracts dating back to 2010. In a recent decision, Justice of Appeal Mark Mohammed refused WASA’s application for a stay of execution of a judge’s 2019 judgment, pending the hearing and determination of an appeal it filed. In affidavits filed in support of its application, WASA said the payment of the judgment debt would cause severe and irreversible hardship and/or the financial ruin of WASA, which would have catastrophic effects on WASA’s service to the public.

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