Investors nervy at challenges to deals under former gov’t -sources

The shuttered Wales estate

In the aftermath of the questioning of investment deals struck years ago and charges against former officials over them, several investors mulling major agreements here have begun expressing reservations that these may not be upheld if the government changes.

The concerns of the persons that Stabroek News spoke to stem from recent developments which suggest that as governments change there can be a “politicising” of business investments.

With trepidation about the future potential implications of contracts entered into, at least three banks and two regional conglomerates have now turned to their legal analysts to provide information before committing to investing here, sources say.