Georgetown: Former APNU+AFC Minister of Finance Winston Jordan was charged with misconduct in public office on Tuesday and was placed on $3M bail when he appeared before Chief Magistrate Ann McLennan at the Georgetown Magistrates Court.
Jordan was not required to enter a plea to the charge and will have to return to Court on the 10th February for the continuation of the matter.
He was represented by attorney and opposition Member of Parliament Roysdale Forde.
The charge against Jordan is in relation to the sale of wharf facilities to the BK Marine Company under the former government. As the then Finance Minister, Jordan was required to sign the vesting order for the sale.
The charge stated that the property: Mudlots 1 & 2, F of Mudlot 3, A, B & D, situated at North Cummingsburg, Georgetown is valued at $5 billion and was sold for $20 million.
The charge accuses the former Finance Minister of willfully misconducting himself by acting recklessly when he signed the Transfer of Property order for the government’s holding company, NICIL on behalf of the government over the sale of the property.
The government has been claiming that the property was undervalued in its sale.
The current government has already started proceedings in the High Court in an effort to reclaim the property but that case is still ongoing.
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