State Minister Joseph Harmon yesterday said the APNU+AFC government was moving to rescind a controversial lease that was granted by the former Bharrat Jagdeo administration to fraudster Ed Ahmad in 2008 for 3.4 acres of land but Jagdeo says the deal had already been rescinded.
The Ahmad deal pertained to land at the corner of Irving Street and Thomas Lands and was for the building of a 150-room hotel and casino. This deal had apparently never been announced by the Jagdeo administration and yesterday’s disclosure by Harmon was the first time it had been publicized.
While Harmon said Ahmad had defaulted on agreed annual lease payments of $500,000 after the first year,