Investigation into Construction Companies for Possible Irregularities
November 6, 2025
Members of the Audit Committee have requested an investigation into construction companies that may be colluding to inflate public tenders and pricing. There has been strong criticism regarding delays and the quality of public works from certain companies, which continue to participate in bids. The General Accountant announced the establishment of a blacklist starting in 2024 to evaluate contractors. A significant mention was made of 'Lois Builders Ltd', which faced delays yet re-entered the bidding process. According to the Audit Office's report, three major contracting companies hold 40.8% of public works contracts between 2015 and 2024.