The Special Organised Crime Unit (SOCU) case against former Minister of Finance, Winston Jordan was yesterday called in the Georgetown Magistrate’s Court before Senior Magistrate Leron Daly where September 14th was set as the new date for hearings.
Jordan was charged in December of last year with misconduct while in public office. The charge stated that Jordan while being and performing duties of Minister of Finance and being the concerned Minister for the National Industrial and Commercial Investments Limited (NICIL), a company owned by the Government of Guyana, between February 26, 2020, and Friday, July 31, 2020, at Main Street, Georgetown, willfully misconducted himself by acting recklessly when he signed a Transfer of Property Order, transferring to and vesting to BK Marine Inc. over 2.553 acres at Mudlots 1 & 2, F of Mudlot 3, A, B & D, situated at North Cummingsburg, Georgetown.
It is claimed that the property, which is valued at over $5 billion, was sold for $20,260,276, a price that was grossly below the value to such a degree as to amount to an abuse of the public’s trust and without reasonable excuse or justification. He was not required to plead to the indictable charge and was released on $3 million bail. The charge was instituted by SOCU. Jordan is being represented by Attorney-at-Law, Khemraj Ramjattan.
