The new owner of Buddy’s International Hotel has issued a statement confirming that freelance journalist Judy Fitzpatrick interviewed him for Stabroek News in St Maarten and said that there was no intention to mislead with regard to the purchase price.
President of the Princess Group of Companies Sudi Ozkan said in the statement that both he and his wife were interviewed by Fitzpatrick. He said that while he told Fitzpatrick about the “US$25 million investment” no distinction was made indicating that the purchase price was in fact US$15 million and that the US$10 million would be used to upgrade the property. He called this unfortunate.
