Jagdeo paid $5M per acre for land at ‘Pradoville 2′

(FILE PHOTO) *ONE* of the houses being built at the new exclusive housing scheme at Sparendaam, ECD.

President Bharrat Jagdeo paid $5 million per acre for land for his home at the new housing development at Sparendaam, East Coast Demerara which has been dubbed ‘Pradoville 2’.

“I’m building a house there. My house has a library, an office, almost everything else that I will be operating from…,” the president said during his first press conference for the year at the Office of the President yesterday. “I’m gonna be in Guyana because many people are speculating where I will be going. I’ll be just here operating…, let me don’t say political environment yet,” he added.

Asked how the land was allocated, he said