Under the proposed lease agreement for rental of the building at the corner Camp and Lamaha streets, the University of Guyana (UG) would have to pay $6 million (plus VAT) per month for five years.
Stabroek News had previously reported that the rental sum was US$28,000 per month, however, it has since been able to confirm, through the owner of the building, Neal Sukhlal, as well as a copy of the lease that the sum is $6 million.
