Head of the State Assets Recovery Unit (SARU) Dr Clive Thomas said that the lease by which Red House was let to a company linked to the former PPP administration has to be re-valuated as market principles must determine the price or lease of public property.
In a recent interview with the Stabroek News Thomas said, “Once you have in a marketplace market principles governing the allocation of resources and you can establish that resources were allocated way below the market price then you establish a moral and a legal case to make it an unlawful transaction.”
He said that the state would have to make it pellucid that the establishment of higher moral and legal standards would need
