AG Nandlall’s defence of Peters Hall’s property acquisitions falls short of key ethical, transparency and fiduciary benchmarks

Dear Editor,

I am writing to offer a rebuttal to the article titled “AG Nandlall Sets Record Straight on Peter’s Hall Properties Acquisition,” recently published in the Guyana Chronicle. While Attorney General Nandlall’s effort to clarify the circumstances surrounding the acquisition of the Peters Hall properties is appreciated, there are several points within the article that require further scrutiny and present a one-sided perspective that I believe merits further amplification.

Firstly, the article portrays the acquisition process as being entirely above board and transparent. However, this assessment neglects to address the allegations of impropriety and potential conflicts of interest that have been raised by various stakeholders. Transparency and propriety in property acquisitions, particularly those involving significant public assets, necessitate an unequivocal adherence to established legal and ethical standards. The article does not sufficiently address these critical aspects, which leaves room for public skepticism and concern.

Secondly, AG Nandlall’s statements in the article appear to dismiss the importance of public consultation and involvement in the acquisition process. The acquisition of properties at Peters Hall, given their strategic and economic significance, should ideally be subject to a more participatory process involving local communities, independent oversight bodies, and other relevant stakeholders. This would ensure that decisions are made in the best interest of the public and foster greater trust in governmental procedures.

Additionally, the article seems to gloss over the potential environmental and social impacts of the property acquisitions. A comprehensive evaluation of such impacts is crucial in determining the long-term sustainability and community benefits of the projects intended for these properties. Ignoring these factors can lead to significant adverse outcomes that undermine the perceived benefits of the acquisition.

Furthermore, the financial details and valuation processes outlined in the article lack the necessary depth and transparency. The public deserves to know whether the prices paid reflect fair market values and whether the funds utilized were allocated and spent appropriately. Detailed disclosure of these financial aspects is essential for maintaining public confidence in the transaction’s legitimacy.

In light of these concerns, I recommend seeking a professional opinion from a well-known international and trustworthy third-party consulting firm. Such an independent evaluation could provide an unbiased assessment of the acquisition process, ensuring all legal, ethical, and financial standards are thoroughly examined and upheld.

In conclusion, while the intention to set the record straight is commendable, it is imperative that such clarifications are comprehensive and address all dimensions of public concern. Ensuring transparency, public involvement, and thorough evaluation of environmental, social, and financial factors are key to fostering trust and credibility.

Sincerely,

Keith Bernard