Former President Bharrat Jagdeo says that it is unfair to calculate the profits made on homes sold by ministers in the controversial Pradoville 2 Housing Scheme by using the value of the empty land as the base.
“They did not sell a land. They sold a land and a house. They bought the land from the government so when you talk about this 2000 percentage profit margin you are comparing the selling price (of land and house) with the land price,” Jagdeo said in defence of his former ministers yesterday.
He believes that the public calculations of the profits made when his ministers sold their homes