The following was posted to BU on another blog and worthy of penetrating discussion afforded a separate blog-space.
William. Please post the following info as well. Firstly, the BWA bought the land on which the building is located over 15 years ago and under the NHC Act. So the notion that he had to regularise the title to the land is absurd.
Secondly, Clarke Gittens and Farmer, the law firm which worked for the financier and whose legal fees the BWA also had to pay and who prepared ALL of the documentation) charged $275,000.00.
Thirdly, the BWA found the bill to be so large, that they had to pay the fees in installments.
Michael Carrington invoiced the BIDC fees of $1,000,000.00 for sale of a building at Newton Roundabout.
Michael Yearwood charged the SSA $1,500,000.00 for the Cahill project, when the SSA Board did not even have any knowledge of the project.
Richard Byer, a DLP member, charged Caves $750,000.00 for work which, when it was first done under the BLP, the fee was only $30,000.00. Same work, but the fee is $720,000.00 more.
But David Thompson led from in front, as any good leader would. According to the CLICO forensic report, Thompson charged CLICO $2,000,000.00 for the purchase of CCB, and the he charged CLICO a fraudulent and wholly fictitious $3,300,000.00 for work that did not even exist.
And we have to ask how much Adrian King, son of Maurice King, charged Clearwater Bay Limited ( the government entity) that guaranteed the loan to The Four Seasons project? Some say $5,000,000.00