Prominent PNCR member and attorney, James Bond allegedly benefitted from a second lucrative flipping of state land at Peter’s Hall on the East Bank of Demerara (EBD), which saw the two original holders consigning the rights for 30 acres to a Chinese national for $100 each.
Bond has remained silent on these transactions involving state lands and the apparent conflict of interest since he had been engaged with state holding company NICIL on these matters.
The government has since sought an investigation of the transactions and those deals now appear to be in jeopardy. These lands have attracted speculators as they are seen as precious to the burgeoning oil and gas industry.
