MedPoint insured for Rs 70 millions

 According to a senior officer of GFA insurance, the company responsible for insuring the clinic, MedPoint was insured for a sum of Rs 70 million

“For two consecutive years MedPoint clinic had insured its building for Rs 70 million. The clinic insured its equipment for Rs 2 million,“ said the GFA officer.

He added that one month before the sale of the clinic, the management of MedPoint had requested that the clinic be
insured for a sum of Rs 140 million.

“As a responsible company, the management of GFA had announced that an investigation had to be carried out by
an independent evaluator to allow the insurance of Rs 140 million.”

However, since we could not receive the report of the independent evaluator of the clinic, it is still insured for Rs 70
million,” said the GFA officer.

He added, “The management of the clinic requested us to increase the insurance amount several times. However, we did not give in,”he added.

Opposition leader Paul Bérenger, in his press conference on January 29, had highlighted that there had been an initial evaluation of Rs 75 million for MedPoint clinic following a request of the Ministry of Health and Quality of Life.

A second evaluation was then carried out and the government bought the clinic and its equipment for Rs 144 million.

Bérenger also spoke of the inquiry by the Independent Commission Against Corruption (ICAC) and said that fficers of the Ministry of Health, together with officers of the Central Procurement Board, who had handled the matter, will be summoned this week.

It is still unclear whether the Jugnauth family will have to pay for capital gain tax as the deal was carried out on
December 29,2010.However, it was recorded at the registrar on January 4.

There was thus the possibility of other offences under the Prevention of Corruption Act.