Former gov’t leased Red House to PPP outfit at $1,000 per month for 99 years – Harmon

After being renovated at the cost of millions, the historic Red House was leased by the former government to a private company for 99 years at a rate of $1,000 per month, according to State Minister Joseph Harmon, who said state funds were still used to pay the staff afterward.

Harmon told the National Assembly yesterday that up to 2012, Red House, which was renamed the Cheddi Jagan Research Centre, was state property. He said the national monument, which was once the home of late President Cheddi Jagan, was rehabilitated to the tune of millions of dollars and then leased by the People’s Progressive Party/Civic (PPP/C) government for 99 years to a private company, Cheddi Jagan Research Inc.

Describing the situation as a “bone” which stuck in his throat, Harmon added that “the people who are the