Several [contractors] also described what they viewed as a wall of silence surrounding the project, with some declining to speak publicly or requesting anonymity because of confidentiality agreements or fears of professional retaliation.
The allegations emerge days after a Fox News Digital investigation reported that the Obama Foundation’s reserve fund — originally promoted as a $470 million financial safeguard intended to help protect taxpayers if the project encountered financial trouble — remains funded at roughly $1 million.
Standing outside the center on a gloomy Friday afternoon, Owen flipped through spreadsheets and financial records that he said documented millions of dollars in losses tied to the project.
Owen said the project stretched on for years longer than anticipated, forcing his company to absorb millions of dollars in labor and overhead costs as work demands changed and expanded.
He said the losses have drained the company’s reserves, created uncertainty for employees and could ultimately force layoffs. Owen also said the years-long effort to recover what he believes is money owed has taken a significant toll on his mental health.
“I haven’t had eight hours or six hours sleep in over a year,” Owen said. “I’m cooked emotionally. I feel like an aluminum can that’s been thrown in front of a steamroller. We’re crushed. And I have to fight for my company and for my people.”
You f****d up; you trusted Obama.
