ONLY 33%
AquaGib is not a Government-owned company. Unlike GJBS or the Gibraltar Bus Company which are fully owned by the taxpayer, AquaGib is only 33% owned by the Government which puts the taxpayer in a minority of the shareholding. This means that in certain areas, and subject to the contract to supply water to consumers, the company has retained a considerable degree of operational independence which other companies in this nebulous public-private space do not enjoy.
UTILITIES
It will be recalled that water supply was initially contracted out to the French company Lyonnaise des Eaux. This was part of the modernization of Gibraltarâs infrastructure through the involvement of international companies in the provision of utilities. That trend also saw the American firm Nynex of New York take over the domestic telephone service at a time when Cable and Wireless and then British Telecom did the same with international communications.
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Makes you wonder who controls what is added to the drinking water for Gibraltarians?
This article give a glimpse into who really controls the water.
Even most of "The good guys" are controlled opposition. It's THEY who have the say in what goes into your water, or where the water will be directed.
Water is Life â They are Stealing our Livelihood and We arenât Even Noticing
Privatization of freshwater resources is a crime, but itâs the name of the game. Just look who is prominently represented in the World Bank-created Water Resources Group â itâs IFC, the International Finance Corporation, the private sector development branch of the World Bank Group...
The WWF (World Water Forum) is organized by the World Water Council, just another layer to confuse who is who in the circus of water elitists attempting to control a vital source of life â freshwater. The WWF prides itself with an honorable mission statement: âTo promote awareness, build political commitment and trigger action on critical water issues at all levels, to facilitate the efficient conservation, protection, development, planning, management and use of water in all its dimensions on an environmentally sustainable basis for the benefit of all lifeâ.
By and large, the WWF is the sum of this tremendous non-transparent, complex colossus of institutions and technocrats that is gradually taking over control of the global freshwater resources. This is happening under our eyes and under a seemingly anodyne promotion logo â PPP = Public Private Partnership...
[ A fire and subsequent damage to a water pipe in a tunnel caused by falling rocks, and now subject to a police investigation, has plunged Gibraltar into chaos. It is obvious that the Government and AquaGib both acted quickly to mitigate the situation and restore supply but where do we go from here?]
Ordo Ab Chao. / Order out of Chaos. A motto of the Thirty-third Degree, (Freemasonry).