The allocation of land at ‘Pradoville 2’ was a clandestine arrangement that was handled personally by former housing minister Irfaan Ali, according to the findings of a recently completed forensic audit, which has said that a criminal case for malfeasance can be made against the PPP/C Cabinet members who benefited.
The special investigation of the Sparendaam Housing Project, which was part of a larger probe of the financial operations of the Central Housing and Planning Authority (CHPA), was conducted by accounting firm Ram & McRae, which found that awardees grossly underpaid for the lots by a total of nearly $250 million, while the state-owned National Industrial and Commercial Investments Limited (NICIL), National Communications Network (NCN) and Guyana Power and Light Inc (GPL) were never reimbursed for millions spent to execute preparatory works.
“Our examination leads to the conclusion that the project was done outside of the established procedures and that
