Lawyer cautioned against $72 software deal
In a correspondence with the General Manager, A Senior Corporate Law Officer cautioned the management against backdating the payment of $2,000,000 for the software to 2014.
In his letter, he cautioned the management against backdating the payment of $2,000,000 for the software to 2014.
Orleans-Lindsay in a correspondence with the General Manager at the time predicted that SSNIT will pay more if they fail to heed his advice.
READ ALSO: Here is how much UCC owes ECG
“What it means is that SSNIT will have to pay the annual SLA [Service Level Agreement] fee of US$2,000, 000.00 immediately upon signing the agreement (to cover from September 2014 to September 2015) and pay another US$2,000,000.00 in September this year , when in effect it would have just received about 9 months of service under the SLA instead of the contractual 2 years.”
The system was installed to network all branches of SSNIT nationwide to enhance efficiency.
However, the current administration raised concerns about the cost and have since contracted Price Water house to audit the transaction.
Find the letter below:
JOIN OUR PULSE COMMUNITY!
Eyewitness? Submit your stories now via social or: