Local businessman to develop Liliendaal land formerly owned by Rusal

The entrance to the land yesterday

Local businessman Lennox Cush is seeking to develop the controversial Liliendaal, East Coast Demerara land that was once sold to Russian oligarch Oleg Derispaska’s company Rusal for $150 million and for which Finance Minister Dr Ashni Singh and former  National Industrial and Commercial and Investments Limited (NICIL) head Winston Brassington were charged.

“I bought the property since 2019 and I just find it strange that Stabroek News would now seek to ask about it. Why? I know the history, yes. It was the Russian guy’s own and all of that, but I have had it for a long time,” he told this newspaper when contacted yesterday.

“No development has started as yet. Clearing of the land has begun, … And yes I know what I am putting there but I do not wish to share it [those plans] …,” he added.