By NEIL HARTNELL

Tribune Business Editor

The Bahamas Electricity Corporation (BEC) is unlikely to need the number of external consultants, upon whom it spent $10 million during its 2008 financial year, it currently hires, with "drastic change" needed to prevent already low employee accountability from "deteriorating further".

A report by the German firm, Fichtner, part of an Inter-American Development Bank (IDB) funded project to overhaul the energy sector in the Bahamas, warned that the lack of rules and policies for BEC employees to follow, coupled with the minimal risk of punishment for indiscipline and other infractions, was undermining the state-owned power monopoly.

N ...

Click here to read more at The Tribune