The average Barbadian is blissfully unaware about what goes on in the Barbados business underworld. Deals are made in smoke-filled rooms and the ordinary Barbadian is left to emit sounds of fury on the talk shows and on social media. How was Vision Development incorporated in the nick of time to land a deal to develop the Hyatt hotel? How come government was 100% receptive to Mark Maloney when he decided to import cement to force prices down in Barbados and he was able to secure the contentious site on Port Authority lands? Is it a coincidence this matter has been mired in legal rigmarole? How much foreign exchange is being spent anyway to import Rock Hard cement? How come Mark Maloney was able to secure a sweet heart deal with the government to plant the houses at Coverley? If BU is correct there was a plan to develop an area in Bushy Park similar to Coverley.
The latest question BU is asking.
Has the Blue Horizon hotel, the GEMS property been sold to Bjorn Bjerkham and Mark Maloney for 5 million dollars?
By our calculations this computes to less than $5,000 per room. The last valuation bandied about in public was 17 million dollars. The enduring legacy of the Stuart government will be the shroud of secrecy and more than a hint of corruption attached to transactions.
Will somebody SHOUT GROTTO and the use of the Housing Industrial Fund to pay Maloney?