In 2017, the APNU+AFC government saved the Guyana Marriott Hotel from being acquired by Republic Bank Limited (RBL) of Trinidad after a loan default and the inability of NICIL to assist, former Minister of Finance Winston Jordan says.
In a letter to Stabroek News (SN) which appears in today’s edition, Jordan addressed a number of matters that were raised in a news item in the last Sunday Stabroek on the Kingston Marriott hotel.
Noting that the news item had raised questions about whether the Marriott Hotel had been able to restart payments on its RBL loan due since 2017, Jordan expressed surprise.