Some ‘Pradoville 2’ beneficiaries settle with SARA
-agree to pay cost difference for land
Several of the persons who were controversially sold land at below market prices in the ‘Pradoville 2 Housing Scheme’ have reached settlements with the State Assets Recovery Agency (SARA) by paying the difference for their respective plots, according to the organisation’s Director, Professor Clive Thomas, who says that every effort will be made give to the others a similar opportunity before the court is approached for civil recovery.
“The [State Assets Recovery] bill requires us to negotiate settlements if we can. So, as to save the state resources of having to go to court and make pleadings… we started negotiations with the principals and we’ve had settlements,” Thomas told Sunday Stabroek, while declining to identify those who have settled thus far.