The CH&PA says it is in court seeking the rescinding of the 2014 sale of prime housing land to Brian Tiwarie of Sunset Lakes who later sold the swathe to a businessman affiliated to the controversial logging company, Baishanlin.
However, a legal battle looms between the Central Housing and Planning Authority (CH&PA) and a local bank which had loaned monies to the new owners of the land.
One week after an advertisement was placed in all the daily newspapers by the bank receiver announcing the land for sale, the Authority yesterday issued a press release disclosing that on July 20th last it commenced court proceedings to repossess the land.