Cash-strapped M&CC accepts $7.5M rate payment from delinquent business

-after waiving $19M interest

In bid to pay municipal staff their October salaries, acting Mayor Lionel Jaikarran and acting Town Clerk Sharon Harry-Munroe of the Georgetown Mayor and City Council (M&CC) yesterday accepted a cheque for over $7 million from a delinquent ratepayer, after waiving $19 million in interest.

Before the conclusion of yesterday’s statutory council meeting, Jaikarran announced that he had received a cheque for $7,511,130, from the lawyer of an unidentified business.

According to Jaikarran he was able to “solicit the funds for the M&CC” after speaking to the acting town Clerk and receiving her approval to facilitate the waiver.

The announcement came after city workers protested for their October wages during a picket earlier in the day…..

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Kidnap/murder of Balram “Balo” Maharaj…Seven Trinis seek new trial in US

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