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Originally Posted by Nehru:
Originally Posted by redux:
Originally Posted by Nehru:
Mits, Yuh think Housing Scheme with Mall and things would create Jobs??/

just listen to this fellow-traveling idiot and you will understand why the PPP can sleep easy after bu**ering hapless Guyanese taxpayers again and again and again . . .

Batty Boe, We all know how much you enjoy that. I amd Mits(Straight Guys) having a conversation, you can move to the Batty Boys Topic.  Yuh sound like yuh gat FIRE pun yuh Batty right now.

All of this just for you to ignorantly detract from a persistent reality of PPP corruption! You are the epitome of the dalit label; the mentally suffocated and the intellectually destitute. It is not a Brahmin culture that oppresses you presently but a self inflicted condition wrought of impoverished moral grounding and mental laziness to confront a wickedly corrupt PPP.

FM
Originally Posted by Kari:
Originally Posted by Nehru:

EHEHEH Well said from a man who just asking for another to be buggered.  These are attitudes of ancient Kings. I tell Al YUh be very careful of these people.

SumatooMan, I  await anxiously the day when you will post something that makes sense and is relevant.

I know you both blind and ignorant to understand BUt don't look to me to explain!!!

Nehru
Originally Posted by Stormborn:
Originally Posted by Nehru:
Originally Posted by redux:
Originally Posted by Nehru:
Mits, Yuh think Housing Scheme with Mall and things would create Jobs??/

just listen to this fellow-traveling idiot and you will understand why the PPP can sleep easy after bu**ering hapless Guyanese taxpayers again and again and again . . .

Batty Boe, We all know how much you enjoy that. I amd Mits(Straight Guys) having a conversation, you can move to the Batty Boys Topic.  Yuh sound like yuh gat FIRE pun yuh Batty right now.

All of this just for you to ignorantly detract from a persistent reality of PPP corruption! You are the epitome of the dalit label; the mentally suffocated and the intellectually destitute. It is not a Brahmin culture that oppresses you presently but a self inflicted condition wrought of impoverished moral grounding and mental laziness to confront a wickedly corrupt PPP.

And you are simply a STUPID BUCKMAN!!!!!!!!!!!!

Nehru
Originally Posted by Nehru:
Originally Posted by Stormborn:
Originally Posted by Nehru:
Originally Posted by redux:
Originally Posted by Nehru:
Mits, Yuh think Housing Scheme with Mall and things would create Jobs??/

just listen to this fellow-traveling idiot and you will understand why the PPP can sleep easy after bu**ering hapless Guyanese taxpayers again and again and again . . .

Batty Boe, We all know how much you enjoy that. I amd Mits(Straight Guys) having a conversation, you can move to the Batty Boys Topic.  Yuh sound like yuh gat FIRE pun yuh Batty right now.

All of this just for you to ignorantly detract from a persistent reality of PPP corruption! You are the epitome of the dalit label; the mentally suffocated and the intellectually destitute. It is not a Brahmin culture that oppresses you presently but a self inflicted condition wrought of impoverished moral grounding and mental laziness to confront a wickedly corrupt PPP.

And you are simply a STUPID BUCKMAN!!!!!!!!!!!!

You to me is like boot to an ant. You do not bother me. That you willfully decide to be an ass is you doing what you are meant to do.

FM
Originally Posted by Nehru:
 

And you are simply a STUPID BUCKMAN!!!!!!!!!!!!

Finally the PPP reveals exactly what they think of Amerindians.

 

Forecast for the next election.  The PPP wins 80% of the Indian vote, 50% of the Amerindian vote and 5% of the mixed and black vote.  If every group has the same level of voter turn out this means that the PPP wins 45% of the votes.

 

This is where PPP racism leads to.  An even more diminished number of seats in parliament.

FM
Last edited by Former Member
Originally Posted by Nehru:
Originally Posted by Kari:
Originally Posted by Nehru:

EHEHEH Well said from a man who just asking for another to be buggered.  These are attitudes of ancient Kings. I tell Al YUh be very careful of these people.

SumatooMan, I  await anxiously the day when you will post something that makes sense and is relevant.

I know you both blind and ignorant to understand BUt don't look to me to explain!!!

StarAppleMan, you're just adding to the mounting evidence that you cannot address an issue. You just respond tangentially, off-topic, and in a rambling incoherent manner. Do you understand your own posts sometimes, er, most of the times?

Kari
Originally Posted by Kari:
!!!

StarAppleMan, you're just adding to the mounting evidence that you cannot address an issue. You just respond tangentially, off-topic, and in a rambling incoherent manner. Do you understand your own posts sometimes, er, most of the times?

 

 

Kari you went to QC so you are familiar with Animal Farm.  Nehru is one of those sheep who brayed "four legs good, two legs better" when commanded by the pigs in charge, even as he was starving, while the pigs were filled to excess.

 

Expecting him to have a thought of his own is really beyond his limited intellectual capacity.

FM
Originally Posted by caribny:
Originally Posted by Kari:
!!!

StarAppleMan, you're just adding to the mounting evidence that you cannot address an issue. You just respond tangentially, off-topic, and in a rambling incoherent manner. Do you understand your own posts sometimes, er, most of the times?

 

 

Kari you went to QC so you are familiar with Animal Farm.  Nehru is one of those sheep who brayed "four legs good, two legs better" when commanded by the pigs in charge, even as he was starving, while the pigs were filled to excess.

 

Expecting him to have a thought of his own is really beyond his limited intellectual capacity.

   

Kari

Govt. must explain $80M Ed Ahmad land deal – APNU

APRIL 16, 2014 | BY  | FILED UNDER NEWS 

Government must explain the details surrounding a land deal with New-York based Guyanese, Edul Ahmad, who received a 17-acre plot of prime land at West Coast Demerara, but failed to build a wood processing plant as promised.

Ed Ahmad

Ed Ahmad

Instead, Ahmad, said to be a close associate of former President Bharrat Jagdeo, converted it  to house lots and is now set to make at least $600M from his $80M investment.
The Opposition is not taking the matter lightly, with the coalition, A Partnership for National Unity (APNU), demanding an entire review of the transaction.
According to APNU Member of Parliament, Joseph Harmon, whenever state resources are allocated or sold for specific purposes to help create jobs, then any changes will require a different consideration. This will include a full assessment of that change, with considerations of the market value of the land.
In the case of the land sold to Ahmad, Harmon stressed that it was almost 17 acres of prime property at Leonora.
β€œTo convert this land from a wood processing plant project to create jobs to now selling house lots is concluding that the new owner is profiteering. We could have gotten more money if the true purpose was disclosed initially.”
The MP insisted that with Ahmad known as a β€œfriend of the administration”, the transaction itself becomes even more questionable.
β€œI believe that to make changes would be breaching the conditions of the lease or the sale of the land. Clearly, this is highly unacceptable, and speaks of how this Government and previous ones go about handling the assets and business of the people.”
The land in question was sold about five years ago to Ahmad through a local company, South American Woods Incorporated, in which his name appears as one of the directors. It was the understanding that the low cost of $80M for the land was because of the promise it was to be used for the establishment of the wood processing plant.
The project, Leonora Mall and Hollywood Garden, is being managed by Leonora Projects which is owned by Shareef and Ed Ahmad. The transaction was handled by the controversial National Industrial and Commercial Investments Ltd (NICIL), headed by Winston Brassington.
The land was once the managers’ compound of Leonora sugar estate which once fell under the control of the state-owned Guyana Sugar Corporation. Around 2009, NICIL reportedly sold it to Ahmad for $80M or about $4.7M per acre. According to the company’s website, Leonora Projects is planning to construct 87 homes on the site. A house lot is now being sold for at least $7M.  This means that the $80 million plot of land is now worth more than $600M.
The company is also building homes for at least $30M each.
It is the plan to include a full gas and service station, facilities to house two banks and a huge shopping mall.
The Leonora projects are being run from Ahmad’s building materials depot at Ruimveldt, Georgetown.
NICIL itself has been embroiled in a number of questionable transactions, including its privatization of the Sanata Complex in Ruimveldt, which was sold cheaply to Queens Atlantic, headed by former President Bharrat Jagdeo’s best friend, Dr. Ranjisinghi β€˜Bobby’ Ramroop.
NICIL’s point man, Winston Brassington, is at the centre of a number of questionable deals including the Marriott Hotel and financial arrangements of the Berbice River Bridge.
Ahmad was charged by the US Federal authorities for his involvement in a massive real estate fraud scheme. In October 2012, during a plea deal in a New York court, he was found guilty of knowingly and intentionally conspiring to defraud several lending institutions over a period of 15 years.

Mars
Originally Posted by Mars:
Originally Posted by Chief:
Originally Posted by Prashad:

Wasn't Ed waiting for his sentence of may be 10 to 15

How come he got big land in Guyana

According to news reports Ed pleaded guilty to fraud like some two years ago and up to now no sentencing. 

He's probably singing in order to negotiate a better plea deal.

he might me enjoying himself in jail 

FM
Originally Posted by warrior:
Originally Posted by Mars:
Originally Posted by Chief:
Originally Posted by Prashad:

Wasn't Ed waiting for his sentence of may be 10 to 15

How come he got big land in Guyana

According to news reports Ed pleaded guilty to fraud like some two years ago and up to now no sentencing. 

He's probably singing in order to negotiate a better plea deal.

he might me enjoying himself in jail 

Nuff PPP associates in the US doing time. Roger Khan, Ed, Albert, Kerik, Morgan, Easy Jet Ramdeo, etc, etc. Is sheer crookishness they into.

Mars
Originally Posted by Mars:
Originally Posted by warrior:
Originally Posted by Mars:
Originally Posted by Chief:
Originally Posted by Prashad:

Wasn't Ed waiting for his sentence of may be 10 to 15

How come he got big land in Guyana

According to news reports Ed pleaded guilty to fraud like some two years ago and up to now no sentencing. 

He's probably singing in order to negotiate a better plea deal.

he might me enjoying himself in jail 

Nuff PPP associates in the US doing time. Roger Khan, Ed, Albert, Kerik, Morgan, Easy Jet Ramdeo, etc, etc. Is sheer crookishness they into.

this is the training grounds for the ppp,lots more of them in freedum house

FM

Folks at large,

 

Mr Ed, an admitted Fraudster, was given a "SweetHeart" deal at Leonora.

 

The "lame excuse" for the Guyana Government is ....We do not know what happened in the US.......Lame at best.

 

Now here on Liberty Ave in Richmond Hill, the same "Admitted Fraudster" is the head of the Building Committee for the 127th St Masjid.........What are we missing????

 

Vish M
Originally Posted by Mars:

Ed Ahmad gears to make $600M on $80M GuySuCo land deal

APRIL 13, 2014 | BY  | FILED UNDER NEWS 

…changes from wood processing plant to housing scheme

Almost five years after acquiring a huge piece of prime, seaside property to develop a value-added wood processing operation, a New York-based Guyanese businessman has now instead converted the area into house lots.

Developer, Ed Ahmad

Developer, Ed Ahmad

However, there has been no official announcement by the administration over the new arrangements and who would have given the permission.
The conditions of sale were that the company would have set up a factory to creat jobs for persons in the neighbourhood.
This condition was responsible for the low price they paid for the land. There has been no factory to date. Instead there is a multi-million-dollar housing development project.
The project, Leonora Mall and Hollywood Garden, is being managed by Leonora Projects which is owned by Shareef and Ed Ahmad. The latter is said to be a close associate of former President Bharrat Jagdeo.
The name of this project is advertised on a signboard established at the site of what was to be the location of the wood processing plant.
The conversion of the almost 17-acre plot to the Leonora Mall and Hollywood Garden has been raising eyebrows as again, it is the controversial National Industrial and Commercial Investments Ltd (NICIL) that is involved.
Winston Brassington heads NICIL although he offered his resignation almost a year ago. He was the one that piloted this deal with Ahmad.
The land, located around a scenic turn, was once the managers’ compound. It was under the control of the state-owned Guyana Sugar Corporation (GuySuCo) and home to a pool and several of GuySuCo’s senior staffers.
Around 2009, NICIL reportedly sold it to Ahmad for $80M or about $4.7M per acre.
According to the company’s website, Leonora Projects is planning to construct 87 homes on the site.
Company officials said, yesterday, that a house lot is now being sold for at least $7M.  This means that the $80 million plot of land is now worth more than $600M.ed ahamad housing scheme
The company is also building homes for at least $30M each.
In announcing the sale, NICIL and its sister agency, Privatisation Unit, had said that the use of the land was restricted to value-added wood processing operations.
The sale of the land was made to one of Ahmad’s companies, South American Woods Incorporated, which is also owned by another individual whose name is given as Shareef Ahmad.
According to the website leonoraprojects.com, the initiative is one of the most grand development projects in Guyana. β€œIt is being done with β€˜you in mind’. Leonora Projects is a vision of Ed Ahmad.”
It is the plan to include a full gas and service station, facilities to house two banks and a huge shopping mall.
β€œLeonora Projects illustrates the envisioning of an entire community, not just homes,” the website says.
The Leonora projects are being run from Ahmad’s building materials depot at Ruimveldt, Georgetown.
NICIL itself has been embroiled in a number of questionable transactions including its privatization of the Sanata

Head of NICIL Winston Brassington

Head of NICIL
Winston Brassington0

Complex in Ruimveldt which was sold cheaply to Queens Atlantic, headed by former President Bharrat Jagdeo’s best friend, Dr. Ranjisinghi β€˜Bobby’ Ramroop.
NICIL’s point man, Winston Brassington, is at the centre of a number of questionable deals including the Marriott Hotel and financial arrangements of the Berbice River Bridge.
Ahmad was charged by the US Federal authorities for his involvement in a massive real estate fraud scheme.
In October 2012, during a plea deal in a New York court, he was found guilty of knowingly and intentionally conspiring to defraud several lending institutions over a period of 15 years.

 

Quote β€œI believe that to make changes would be breaching the conditions of the lease or the sale of the land. Clearly, this is highly unacceptable, and speaks of how this Government and previous ones go about handling the assets and business of the people.”unquote

 

The ball is in the Corrupt PPP/C court now, most likely they will give Ed Ahmad

a free pass. And the Corruptions continues.

FM

NICIL denies knowledge of Ed Ahmad GuySuCo land for house lots

APRIL 17, 2014 | BY  | FILED UNDER NEWS 

…says agreement provides for shopping mall following wood processing plant

The National Industrial and Commercial Investments Ltd. (NICIL) has denied any knowledge that the portion of Guyana Sugar Corporation (GuySuCo) land sold to New York-based Guyanese Edul Ahmad is being converted into house lots.

Edul Ahmad

Edul Ahmad

The foreign-based businessman, who is said to be a close affiliate of former President Bharrat Jagdeo, bought over 16-acres of prime land from the local sugar company. According to the Agreement of Sale, his company, South American Wood Inc. is supposed to construct a wood processing facility, which is supposed to create numerous jobs for locals.
However, it has been reported that Ahmad stands to make profits of over $600M when he converts the property for which he paid a mere $80M, to a housing scheme, inclusive of a shopping mall, full gas and service station and facilities to house two banks.
NICIL in a press release, yesterday, claims that it acted as an agent when the transaction was done between Ahmad and GuySuCo and according to the agreement, the land at Plantation Groenveldt on the West Coast of Demerara could be converted to a shopping mall once the wood processing plant is the first structure on the property.
NICIL said that GuySuCo entered into a Restrictive Covenant as set out in the terms and conditions of the sale, published in the Vesting Order, effecting the transfer of title, that β€œthe property shall not be used for any other purpose other than for the construction and operation of a wood processing facility with the option of future development in manufacturing, industrial and commercial activities including the construction and operation of a shopping mall, providing that the construction of the wood processing facility is commenced first” and that construction of the wood processing facility commences within one year of the agreement.
NICIL has defended the selling price; that GuySuCo’s land was subjected to two prior bids when in 2003, the highest valid bid amounted to $30M and in 2004, no bids were received for the property. This, the privatization agency said, caused the land to be sold, β€œat a price comparable with valuations established for GuySuCo land on the East Coast Demerara at $5M per acre.”
While NICIL claims ignorance of the matter, it says that neither the government nor GuySuCo, β€œhas any knowledge of any change of the agreement,” which was entered into with Ahmad’s wood processing company.
The opposition is however, bent on asking hard questions relating to this transaction and is also demanding that the entire transaction be reviewed. The opposition is convinced that all may not be as it seems since state property sold to create jobs and then being converted to a housing scheme means that the owner is profiteering.

Winston Brassington

Winston Brassington

The GuySuCo property was sold to Ahmad in 2008 and reports are that the project, Leonora Mall and Hollywood Garden, is being managed by Leonora Projects which is owned by one Shareef and Ahmad. NICIL, a state-privatisation arm of the government, is however no stranger to criticism; ending up in the spotlight for what many have referred to as being involved in β€œtainted” transactions where state resources were sold or privatized under the tenure of Winston Brassington.
Most notable is the sale of the Sanata Complex for β€œa next to nothing” price to best friend of Bharrat Jagdeo, Dr. Ranjisingh β€˜Bobby’ Ramroop.
Ahmad is also no stranger to negative publicity. He was charged by US Federal authorities for his involvement in a massive fraud scheme and in 2012, he entered a plea deal with US agents, and was found guilty of knowingly and intentionally conspiring to defraud several lending institutes over a 15-year period.

Mars

Dem boys seh…Brazzy playing stupid again

APRIL 17, 2014 | BY  | FILED UNDER DEM BOYS SEHFEATURES / COLUMNISTSNEWS 

Every time a big one dead under suspicious circumstances people does always run to see if he got insurance. When dem bad men did kidnap that big businessman and then dem cut off he head, people find out that just a few months earlier, he tek out a big insurance.
Some people start fuh think bout people killing de man fuh de insurance money.
De other day some people kidnap another big businessman. Of course, de police find de businessman dead. Now dem boys checking fuh see if he had a big insurance policy. Dem want to see if is people close to he responsible because once people got big insurance is like people can’t wait to claim.
Dem see how Brazzy close to Hand in Hand Insurance. He buy shares fuh he buddy. Dem boys want to know if he tek out insurance fuh he buddy and fuh heself.
A smart man like he would hide de policy. In fact, dem boys seh that he does walk wid it in he briefcase every day because he don’t want he family see how much he insure heself for.
Dem boys seh that he might got to surrender that same policy fuh pay Ed Ah Mad. De GuySuco land wha Ah Mad get fuh next to nutten at Leonora was to build a wood processing factory. But Ed Ah Mad hold on pun de land fuh a while then decide that he gun sell it out as house lots and mek  big big profit. Dem Boys hear through the grape vine that this was arranged with the rat and the fat crook Brazzy.
Now the story buss out he now claiming that he ain’t  know bout no housing scheme. But dem boys know different. He done collect already and he know that he can’t tek back de land.
He claim that he didn’t know bout de Sanata complex although he sell it fuh next to nutten. That is how some people begin to get real money. Two of dem draw down from Ed Ah Mad even before de land sell.  De same two done know bout de plan to sell de land fuh house lots and fuh mek a big profit.
Hap New done announce that somebody got to explain. But dem boys know that crooks don’t explain nutten. Brazzy still to explain who putting money in de Marriott and although dem boys know he keeping he mouth and he hole shut.
He trying de same thing wid Ed Ah Mad landβ€”pretend that he ain’t know and then keep he mouth shut.
Talk half and watch how Brazzy and Donald aint gon do nutten bout dis.

Mars
Originally Posted by Mars:

Ed Ahmad gears to make $600M on $80M GuySuCo land deal

APRIL 13, 2014 | BY  | FILED UNDER NEWS 

…changes from wood processing plant to housing scheme

Almost five years after acquiring a huge piece of prime, seaside property to develop a value-added wood processing operation, a New York-based Guyanese businessman has now instead converted the area into house lots.

Developer, Ed Ahmad

Developer, Ed Ahmad

However, there has been no official announcement by the administration over the new arrangements and who would have given the permission.
The conditions of sale were that the company would have set up a factory to creat jobs for persons in the neighbourhood.
This condition was responsible for the low price they paid for the land. There has been no factory to date. Instead there is a multi-million-dollar housing development project.
The project, Leonora Mall and Hollywood Garden, is being managed by Leonora Projects which is owned by Shareef and Ed Ahmad. The latter is said to be a close associate of former President Bharrat Jagdeo.
The name of this project is advertised on a signboard established at the site of what was to be the location of the wood processing plant.
The conversion of the almost 17-acre plot to the Leonora Mall and Hollywood Garden has been raising eyebrows as again, it is the controversial National Industrial and Commercial Investments Ltd (NICIL) that is involved.
Winston Brassington heads NICIL although he offered his resignation almost a year ago. He was the one that piloted this deal with Ahmad.
The land, located around a scenic turn, was once the managers’ compound. It was under the control of the state-owned Guyana Sugar Corporation (GuySuCo) and home to a pool and several of GuySuCo’s senior staffers.
Around 2009, NICIL reportedly sold it to Ahmad for $80M or about $4.7M per acre.
According to the company’s website, Leonora Projects is planning to construct 87 homes on the site.
Company officials said, yesterday, that a house lot is now being sold for at least $7M.  This means that the $80 million plot of land is now worth more than $600M.ed ahamad housing scheme
The company is also building homes for at least $30M each.
In announcing the sale, NICIL and its sister agency, Privatisation Unit, had said that the use of the land was restricted to value-added wood processing operations.
The sale of the land was made to one of Ahmad’s companies, South American Woods Incorporated, which is also owned by another individual whose name is given as Shareef Ahmad.
According to the website leonoraprojects.com, the initiative is one of the most grand development projects in Guyana. β€œIt is being done with β€˜you in mind’. Leonora Projects is a vision of Ed Ahmad.”
It is the plan to include a full gas and service station, facilities to house two banks and a huge shopping mall.
β€œLeonora Projects illustrates the envisioning of an entire community, not just homes,” the website says.
The Leonora projects are being run from Ahmad’s building materials depot at Ruimveldt, Georgetown.
NICIL itself has been embroiled in a number of questionable transactions including its privatization of the Sanata

Head of NICIL Winston Brassington

Head of NICIL
Winston Brassington0

Complex in Ruimveldt which was sold cheaply to Queens Atlantic, headed by former President Bharrat Jagdeo’s best friend, Dr. Ranjisinghi β€˜Bobby’ Ramroop.
NICIL’s point man, Winston Brassington, is at the centre of a number of questionable deals including the Marriott Hotel and financial arrangements of the Berbice River Bridge.
Ahmad was charged by the US Federal authorities for his involvement in a massive real estate fraud scheme.
In October 2012, during a plea deal in a New York court, he was found guilty of knowingly and intentionally conspiring to defraud several lending institutions over a period of 15 years.

Me nah give no smart mart wrong fuh robbing fools.  What has the opposition done about this.  Some more statement.  NO ACTION.  NO STREET ACTION!

FM
Originally Posted by KishanB:
Originally Posted by Mars:

Ed Ahmad gears to make $600M on $80M GuySuCo land deal

APRIL 13, 2014 | BY  | FILED UNDER NEWS 

…changes from wood processing plant to housing scheme

Almost five years after acquiring a huge piece of prime, seaside property to develop a value-added wood processing operation, a New York-based Guyanese businessman has now instead converted the area into house lots.

Developer, Ed Ahmad

Developer, Ed Ahmad

However, there has been no official announcement by the administration over the new arrangements and who would have given the permission.
The conditions of sale were that the company would have set up a factory to creat jobs for persons in the neighbourhood.
This condition was responsible for the low price they paid for the land. There has been no factory to date. Instead there is a multi-million-dollar housing development project.
The project, Leonora Mall and Hollywood Garden, is being managed by Leonora Projects which is owned by Shareef and Ed Ahmad. The latter is said to be a close associate of former President Bharrat Jagdeo.
The name of this project is advertised on a signboard established at the site of what was to be the location of the wood processing plant.
The conversion of the almost 17-acre plot to the Leonora Mall and Hollywood Garden has been raising eyebrows as again, it is the controversial National Industrial and Commercial Investments Ltd (NICIL) that is involved.
Winston Brassington heads NICIL although he offered his resignation almost a year ago. He was the one that piloted this deal with Ahmad.
The land, located around a scenic turn, was once the managers’ compound. It was under the control of the state-owned Guyana Sugar Corporation (GuySuCo) and home to a pool and several of GuySuCo’s senior staffers.
Around 2009, NICIL reportedly sold it to Ahmad for $80M or about $4.7M per acre.
According to the company’s website, Leonora Projects is planning to construct 87 homes on the site.
Company officials said, yesterday, that a house lot is now being sold for at least $7M.  This means that the $80 million plot of land is now worth more than $600M.ed ahamad housing scheme
The company is also building homes for at least $30M each.
In announcing the sale, NICIL and its sister agency, Privatisation Unit, had said that the use of the land was restricted to value-added wood processing operations.
The sale of the land was made to one of Ahmad’s companies, South American Woods Incorporated, which is also owned by another individual whose name is given as Shareef Ahmad.
According to the website leonoraprojects.com, the initiative is one of the most grand development projects in Guyana. β€œIt is being done with β€˜you in mind’. Leonora Projects is a vision of Ed Ahmad.”
It is the plan to include a full gas and service station, facilities to house two banks and a huge shopping mall.
β€œLeonora Projects illustrates the envisioning of an entire community, not just homes,” the website says.
The Leonora projects are being run from Ahmad’s building materials depot at Ruimveldt, Georgetown.
NICIL itself has been embroiled in a number of questionable transactions including its privatization of the Sanata

Head of NICIL Winston Brassington

Head of NICIL
Winston Brassington0

Complex in Ruimveldt which was sold cheaply to Queens Atlantic, headed by former President Bharrat Jagdeo’s best friend, Dr. Ranjisinghi β€˜Bobby’ Ramroop.
NICIL’s point man, Winston Brassington, is at the centre of a number of questionable deals including the Marriott Hotel and financial arrangements of the Berbice River Bridge.
Ahmad was charged by the US Federal authorities for his involvement in a massive real estate fraud scheme.
In October 2012, during a plea deal in a New York court, he was found guilty of knowingly and intentionally conspiring to defraud several lending institutions over a period of 15 years.

Me nah give no smart mart wrong fuh robbing fools.  What has the opposition done about this.  Some more statement.  NO ACTION.  NO STREET ACTION!

 

Oh crap. Dat is all de loud mouts gat.

FM

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