• Today
    November 12

  • 04:56 PM

Not jolly

MARIA BRADSHAW,

Added 28 July 2013

pickering4

A CANADIAN businessman who invested US$750 000 in the Pickering Court Project, which is still to get off the ground in St Lucy, is seeking to have a lien placed on the 200 000 square feet of land because the developers have not repaid his money. Speaking to the SUNDAY SUN from his office in Canada, businessman Denham Jolly calculated he was owed close to US$1 million (BDS$2 million) in interest and other fees on the loan. Jolly said he was in contact with a local attorney to pursue a lawsuit against Pickering Court Development and North Ridge Development Company, in an effort to recover his money. He revealed that in 2011 he was approached by Reynold Austin, the president of the Democratic Labour Party’s (DLP) Canadian branch, about advancing a loan to Pickering Court Development. “I knew Mr Austin through a business association,” he explained. “He approached me in the spring of 2011 for a business loan for Pickering Court Development. He assured me that it was a great investment because it was a centrepiece for the Government and the enhancement of their re-election.”

JOIN THE DISCUSSION

Dos and Donts


Welcome to our discussion forum here on nationnews.com. We encourage lively debate, but we also urge you to take note of the following:

  • Stay on topic – This helps keep the thread focused on the discussion at hand. If you would like to discuss another topic, look for a relevant article.
  • Be respectful – Meeting differences of opinion with civil discussion encourages multiple perspectives and a positive commenting environment.
  • Do not type in capitals – In addition to being considered “shouting” it is also difficult to read.
  • All comments will be moderated – Given the volume of comments each day, this may take some time. So please be patient.
  • We reserve the right to remove comments – Comments that we find to be abusive, spam, libellous, hateful, off-topic or harassing may be removed.
  • Reproduction of comments – Some of your comments may be reproduced on the website or in our daily newspapers. We will use the handle, not your email address.
  • Do not advertise – Please contact our Advertising Department.
  • Contact our Online Editor if you have questions or concerns.
  • Read our full Commenting Policy and Terms of Use.
comments powered by Disqus

POLL

Do you think that fees at commercial banks have increased too much?

Yes
No

FRONT COVER OF TODAY'S NEWSPAPER

CARTOON

INSTAGRAM