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  • Gov't takes more fire for UDC land deal

    Gov't takes more fire for UDC land deal
    Senator Bennett dismisses allegations of bail-out for Hydel
    Tuesday, November 11, 2008


    THE Opposition People's National Party (PNP) alleged yesterday that the purchase of lands on which the Hydel Group of Schools is located in Ferry, St Catherine seemed to have been guided by the prime minister's personal connection to Hyacinth Bennett, a Government senator.
    Bennett, the principal of the school, is a former member of the National Democratic Movement, the political party founded by Prime Minister Bruce Golding when he walked out of the Jamaica Labour Party in 1995. Golding returned to the JLP on the eve of the 2002 general elections.
    Opposition Leader Portia Simpson Miller, at a press conference at her party's Old Hope Road headquarters in Kingston yesterday, said the prime minister's explanation that the land purchase was part of a development plan was in direct contradiction to information contained in a June 2008 report of the Urban Development Corporation's (UDC) investment department, which indicated that the reason for the land purchase was that the school was being forced to close.
    However, Bennett, in a statement yesterday fired back at the Opposition for suggesting that the land purchase was a bailout for Hydel, dismissing the Opposition's claim as 'mischievous idle chatter'.
    "Hydel has neither owned, sold nor bought any lands whatsoever," Bennett said, and accused the PNP of playing politics. She also dismissed claims that the school was in the red and that it did not have a bursar.
    "Hydel is not bankrupt and has had in its employ the same bursar for in excess of 12 years; Hydel is indeed viable," Bennett said.
    "What I find noteworthy is that the very same set of politicians and the very same set that worked tooth and nail to close Hydel when we relocated to Ferry in 1995 are now the very same ones who are taking up arms against the school," she added.
    The PNP has been crying foul since Golding told Parliament last week that the lands acquired by the UDC at Ferry were earmarked for the development of the Kingston/Spanish Town corridor and confirmed that the Hydel Group of Schools would continue to operate on the land, as a lessee, until it is needed for development.
    "The government has taken, as a policy decision, and has given the UDC and the Commissioner of Lands instructions to identify and secure lands along the corridor between Kingston and Spanish Town, to allow for orderly development of that corridor," Golding told the House last Tuesday.
    "We envisage that, in the very near future, Kingston and Spanish Town, along with Portmore, will become one huge metropolis," he added.
    "We took a decision that critical parcels of land that are not already in the possession of government, we would seek to identify and secure. In the case of this particular property, the owner placed the property up for sale. The operators of Hydel School sought to purchase the property but were unable to secure the financing to do so. The UDC board approved the purchase of the property, in keeping with the development plans we have for the area," he added.
    Julian Robinson, deputy general secretary of the PNP told the Observer that there were a number of shadows on the deal since the "UDC's own internal investment department had advised against it".
    Furthermore, he said there were also concerns about the value of the property and what it was sold for.
    "The owners had initially indicated an interest in selling for US$2 million; subsequent to that there were other valuations which moved it up to about US$2.5 million and the prime minister said he took the mean price of the three valuations; why wouldn't he take the lowest?" Robinson said.
    "So there are concerns about the price itself and also the relationship between Senator Bennett and the Government and whether it's appropriate for the Government to be using public funds to, in essence, bail out what is a private educational institution; all the reports indicate that the Hydel Group of Schools was actually in financial problems and was being forced from the property," he said.

    http://www.jamaicaobserver.com/news/..._LAND_DEAL.asp
    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

  • #2
    PNP pressures PM over Hydel land controversy
    published: Tuesday | November 11, 2008


    THE OPPOSTION People's National Party (PNP) has accused Prime Minister Bruce Golding of nepotism and undue personal interest in the purchase of lands at Ferry, St Catherine.
    Yesterday, the PNP charged that Golding's motivation for the land purchase was to rescue the Hydel Group of Schools, which is owned by government Senator Hyacinth Bennett.
    This runs counter to Golding's claim that the purchase of the land was in keeping with the medium- to long-term development plan of the entire Ferry corridor.
    "We envisage that, in the very near future, King-ston and Spanish Town, along with Portmore, will become one huge metropolis," Golding said in Parliament last week as he sought to justify what the Opposition has called a scandalous purchase.
    The Urban Development Corpo-ration (UDC) purchased the six-and-a-half-acre property at Ferry, where Bennett's group of schools sits, for $168.7 million. Bennett had leased the lands to put up the schools. However, the land was offered for sale and UDC bought the lands despite warning by its internal department that it was not in the best interest

    of the corporation.
    Lease proposal
    The UDC is currently working on a lease pro-posal which would enable the schools to remain on the property.
    "They stood to lose a lot. Tens of million if this property was sold on the open market," the party's general secretary, Peter Bunting, said at a press conference held at its Old Hope Road headquarters yesterday.
    Bunting, a former investment banker, said Hydel would not have been able to recover the value of the buildings that it has erected on the site.
    Yesterday, the PNP issued a document which it claimed was prepared by the Development Bank of Jamaica (DBJ).
    The report speaks to a meeting at the Office of the Prime Minister on March 17 to "examine the business plan submitted by Hydel and provide an independent and thorough appraisal of the same."
    Survival of school
    At press time yesterday, the DBJ had not responded to queries as to whether it authored the document.
    Meanwhile, Opposition Leader Portia Simpson Miller scoffed at claims made in Parliament by Golding and pointed to an internal UDC document, which she said supports the Opposition's claim that the purchase was mainly to ensure the survival of the schools operated by the JLP senator.
    The purported UDC document also said that it was better for Government to build a new school in the area than to purchase the land at that cost.
    "Come clear, come clean and tell the people the truth," Simpson Miller charged Golding.
    The PNP has called for the contractor general to investigate.
    "This misuse of public funds is unacceptable, especially in a climate where businesses are struggling to finance their operations; it is an abuse of public resources for the State's funds to be used in this way," Simpson Miller said.
    daraine.luton@gleanerjm.com
    UDC REPORT
    "The underlying premise for purchasing the property is the threat of closure of the school as the site is being offered for sale."

    http://www.jamaica-gleaner.com/glean...ead/lead2.html
    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

    Comment


    • #3
      The PM need fi provide some answers.
      "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

      Comment


      • #4
        Hyacinth Bennett's venture into a "Attractions - Funland" type complex on a portion of the lands also hit the skids!
        "Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has."

        Comment


        • #5
          Certainly does! It nuh look good. Especially when you think of the way the UDC board was dismissed and then Babsy have attitude when di media aks har bout!


          BLACK LIVES MATTER

          Comment


          • #6
            Originally posted by Mosiah View Post
            Certainly does! It nuh look good. Especially when you think of the way the UDC board was dismissed and then Babsy have attitude when di media aks har bout!
            Was the dismissal of the UDC board tied to this transaction?
            "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

            Comment


            • #7
              maybe..maybe not...but it nuh look good. that much i know.

              it may have been coincidental but how easy would it be to prove that especially if there is substantial fire behind this smoke? unless the previous board had vetted and ok'ed the deal..

              Infidelity does not consist in believing, or in disbelieving; it consists in professing to believe what he does not believe. Thomas Paine

              Comment


              • #8
                Well, that is what everybody would like to know. Coming so soon to the announcement of the deal, what is a pragmatic citizen to believe? Why the stealth with the former board's dismissal? Then this! After stacking the new board with known JLP/NDM lackeys?


                BLACK LIVES MATTER

                Comment


                • #9
                  Thanks Gamma! Maybe Lazie will save some of his wrath for you instead of levelling it all at me! Hasn't happened in the past but hope springs eternal!


                  BLACK LIVES MATTER

                  Comment


                  • #10
                    Originally posted by Mosiah View Post
                    Thanks Gamma! Maybe Lazie will save some of his wrath for you instead of levelling it all at me! Hasn't happened in the past but hope springs eternal!
                    Damn .... that was a simple question I asked. What kind of wrath yuh talkin bout?
                    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

                    Comment


                    • #11
                      Yuh nuh know?! Den mi cyaan tell yuh baba!


                      BLACK LIVES MATTER

                      Comment


                      • #12
                        Originally posted by Gamma View Post
                        maybe..maybe not...but it nuh look good. that much i know.

                        it may have been coincidental but how easy would it be to prove that especially if there is substantial fire behind this smoke? unless the previous board had vetted and ok'ed the deal..
                        UDC purchased the land after it was advertised for sale - UDC CEO

                        And the management of the UDC is denying that it decided to purchase the Ferry Lands because of Prime Ministerial influence.

                        In an interview with RJR News, Chief Executive Officer of the UDC, Joy Douglas, said the Board took the initiative to acquire the property after it was advertised for sale.

                        Ms. Douglas says documents and recordings of UDC Board meetings which discussed the purchase are available for public scrutiny.

                        "I'll just read form the confirmed minutes of the meeting on May 15, 2008 - the board approved management exploring the purchase of approximately 2.5 acres of land on which the Hydel Group of School is located at Ferry, which is understood to be available for sale as it is considered strategic to the corporation's proposed development of its land at Caymanas - that is what the UDc board approved," she said.

                        According to Ms. Douglas,in July, the Board authorised the Corporation's management to proceed with negotiations for the acquisition of the lands.
                        (When was the board fired?)

                        She added that the purchase was completed last month and the UDC is now in the process of taking control of the property.

                        Ms Douglas is contending that the Corporation has not had any discussions with Hydel concerning its tenure on the lands.

                        Regarding reports that the UDC's management was against the purchase of the property, Ms. Douglas said that position was outlined in a preliminary report which was not presented to the Board.

                        http://www.radiojamaica.com/content/view/13147/26/
                        "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

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