Georgetown : The Alliance For Change is very disturbed to learn that President Jagdeo intends to sign a MOU with the Zublin Group committing in excess of US$14.0m of taxpayers’ money for a private project.
The Zublin group is a Grenadian based company which intends to construct a Hotel on the Kingston foreshore, which will be operated by the Marriott chain of Hotels.
The AFC says if the Marriott or anyone else wants a Hotel in Guyana, then let them go to the Bank, as all local operators have done, if they believe in its viability, instead of poor taxpayers being made to bear the brunt of this investment.
The AFC submits that any commitment of our taxes must be subject to parliamentary approval for which a feasibility study must be done.
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