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Reply to "ED Ahmad Arrested and bailed for $2.5M"

Guyana ruling party says not financed by suspected New York fraudster; lambastes Demerara Waves
Written by Denis Scott Chabrol
Monday, 25 July 2011 17:23


The Peoples Progressive Party (PPP) on Monday said that Edul Ahmad- the New York based realtor who is now on a U$2.5 million bond in connection with mortgage fraud- has not poured money into it. “The PPP wishes to make it absolutely clear that Ahmad has not made any financial contributions to the PPP/C’s 2011 political campaign nor can he be considered in any way part of the PPP structure or the PPP/C Government,” the party said in a statement. The party deemed as “nasty attempts” efforts to link Ahmad’s activities with the PPP or to suggest that he is a financier of the PPP as “nothing but absolute lies”

The PPP did not distance itself from Ahmad, deny a report by a New York newspaper that he is as a friend of President Bharrat Jagdeo, he owns a hardware store at the Industrial Site location that for decades housed the PPP-aligned Mirror newspaper and bought a large tract of land at Leonora that had once belonged to the Guyana Sugar Corporation (GuySuco).

Reacting to a story earlier Monday titled “ PPP associate ensnared in New York straw mortgage deals; being electronically monitored”, the party lambasted Demerara Waves Online News (www.demwaves.com), saying that it has joined the ranks of hostile and pro-opposition media. Listing Demerara Waves among Kaieteur News and Stabroek News, the PPP accused this online news site of attacking the government and ruling party. “The People’s Progressive Party has once again noticed that the Demerara Waves website has now openly joined ranks with the pro-opposition media in their continuing onslaught against the PPP and PPP/C Government by spreading falsehoods and misinformation,” the party said in a statement.


Ed Ahmad

Ahmad Thursday night checked in to a Guyana–bound Delta Airlines flight in New York but he was later “un-checked” and did not board the flight. He was subsequently placed on a US$2.5 million bond and is being electronically monitored. “The attempts by the Demerara Waves to portray itself as balanced has been dislodged by this latest piece of mischievous reporting. The party observed that Demerara Waves at the weekend covered two rallies by the Peoples National Congress Reform (PNCR)- A Partnership for National Unity (APNU), saying that those “served to confirm its bias and lack of objectivity. “This so called News Service has just joined the fold of unethical internet blogs as confirmed by its unprofessional and unethical piece of journalism today,” the party added.

Source
FM
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