BV NDC to refund John Fernandes deposit on controversial land sale

Jimmaul Bagot

The Beterverwagting/Triumph Neighbourhood Democratic Council (NDC) is moving ahead to repay John Fernandes Limited (JFL), the monies it had lodged as a deposit for 143 acres of land being sold for $35 million, even as the company yesterday issued a public notification that it was no longer interested in or associated with the deal.

“Take Notice: John Fernandes Ltd (JFL) has no interest in the purchase or furtherance  of a sale of the property located at Section “G” Plantation Beterverwagting, in Triumph/Beterverwagting,” an advertisement placed in yesterday’s Stabroek News states.