“Pradoville 2” and the removal of NCN transmission tower

Of recent, this columnist has been the subject of personal attacks reminiscent of those from during the “Dolphin Scam” that precipitated his premature departure from the Audit Office. One such attack relates to an assessment of the extent of leakages in our public procurement systems being in the order of 15-20%. The most recent attack, however, was in relation to his assessment of the value of the land on which “Pradoville 2” was built. That assessment includes the cost of the removal of the NCN transmission tower and relocating it on a 36-acre plot of land at La Parfaite Harmonie, West Bank Demerara.

 

Estimate value of Pradoville 2 land

The forensic audit report of NICIL is on the Ministry of Finance’s website and is therefore a public document. In that report, it was stated that the estimated market value of Pradoville 2 was $1.242 billion or $82.8 million per acre, prior to the allocation of house lots and the erection of buildings thereon.  The calculation was based on the following:…to continue reading this article, please subscribe.  Already a subscriber ? Sign In.

More in Daily, Features

Comments

About these comments

The comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit or delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity.

Get the day's headlines from SN in your inbox every morning:

Most Read This Week

  1. Bandit killed in Belvoir Court attack

  2. Man shot dead during alleged attempt to ambush car occupants

  3. DPP reopens Courtney Crum-Ewing murder case

  4. ‘It wasn’t me’

  5. Entry refused to tuna shipment

  6. Businessman charged with murder-for-hire plot

  7. Bulkan orders suspension of city parking by-laws

  8. Bygeval Secondary girl tops Region 5 at CSEC exams

  9. Parking contract suspension will leave city on the hook


Recommended For You