-Liliendaal property meant for Deripaska house still to be developed after a decade
By Staff Writer
A decade after 4.7 acres of land at Liliendaal, East Coast Demerara, was controversially sold to Russian aluminium company Rusal, purportedly for the construction of a vacation home for its president Oleg Deripaska, it remains neglected and there has been no word on plans for its development.
The land was sold to Rusal upon a directive by former President Bharrat Jagdeo and the sale has since become the subject of the court case brought against former Finance Minister Dr. Ashni Singh and former head of the National Industrial and Commercial Investments Limited (NICIL) Winston Brassington. READ MORE