Latest update April 19th, 2024 12:59 AM
Dec 12, 2013 News
…KN identifies wrong building
Former President, Bharrat Jagdeo, has acquired even more prime real estate, this time in the posh Queenstown, Georgetown neighbourhood but Kaieteur News, yesterday inadvertently identified one of the properties incorrectly.
The lot 299 property that Kaieteur News identified in yesterday’s photo is in fact the southern half of that lot. It is owned by the Narines and has been in the family name for years.
The north half of lot 300 New Garden Street property is the building that houses the Bharrat Jagdeo Foundation which he began building after leaving office.
The Bharrat Jagdeo Foundation is housed on both the north half of lot 300 as well as the north half of lot 299.
Kaieteur News apologises to the owners of the House on the southern half of lot 299 Church Street.‘ According to the Official Gazette, dated December 7, 2013, he acquired the two properties from his friend Brian James. The transports will be passed after December 21, 2013.
Brian James is the local partner for Haier, the company that won the contract to supply computers for the One Laptop Per Family programme.
It is unclear how much was paid to James by Jagdeo to acquire the two properties.
Public record discloses that the transports for the “North halves of lot numbered 299 Church Street and 300 New Garden Street, Queenstown, in the City of Georgetown, in the County of Demerara, Republic of Guyana, with the buildings and erections thereon,” are to be passed on to Jagdeo.
The new properties acquired by Jagdeo, would be in addition to the mansion he built at Sparendaam on East Coast Demerara, an area commonly referred to as ‘Pradoville Two.’
How Jagdeo acquired that property was cause for concern when word broke.
In 2010 Jagdeo sold a property he had built in ‘Pradoville One’ for $120M.
That property was sold to Ernest Ross, Guyana’s Honorary Consul to Trinidad and Tobago.
Please share this to every Guyanese including your house cats.
Apr 19, 2024
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