Tag Archives: Robert Badal

Pegasus Suites and Corporate Centre US$100M expansion project commences

Pegasus Hotel Expansion

Works on the Pegasus Suites and Corporate Centre have now commenced next to the current Pegasus Hotel.

Privately-owned Pegasus Hotel, looking to capitalize on the emerging oil and gas sector, has unveiled an ambitious US$100M expansion project, including a 15-storey tower and state-of-the-art convention centre.
On March 8, 2018, the sod was turned in the hotel’s adjoining property near the tennis court with Chairman, Robert Badal, hailing the investment as the city’s largest investment.
The contract has been awarded to China Harbour Engineering Company (CHEC), the same company that is in charge of the US$150M airport expansion at Timehri and the MovieTowne project at Liliendaal, East Coast Demerara. Continue reading

Jagdeo has no moral authority to speak on corruption – Badal

Jagdeo has no moral authority to speak on corruption – Badal

Bharrat Jagdeo

Robert Badal

Local businessman, Robert Badal has declared that this is the last time he will respond to former President, Bharrat Jagdeo, who is “fading into insignificance.”

However, in his “last” response, Badal insisted that he manages all his businesses “above board.” Badal is the owner of Pegasus Hotel and the majority shareholder of Guyana Stockfeeds Limited.

The fallout between Jagdeo and Badal goes way back. However, it was recently provoked when Jagdeo realized that Government lost 31 percent of ownership it had in Guyana Stockfeeds.        Continue reading

Guyana Power and Light Inc. (GPL) board sacks Welch, search on for new CEO – Badal

Guyana Power and Light Inc. (GPL) board sacks Welch, search on for new CEO – Badal

FEBRUARY 23, 2016 | BY | FILED UNDER NEWS
Colin Welch

Colin Welch

Chairman of the Board of Directors for Guyana Power and Light Inc. (GPL), Robert Badal, has confirmed the sacking of Colin Welch, the Chief Executive Officer (acting).
Welch was appointed to act as the company’s head six months ago, but his tenure was rocky, with several clashes with Management.

He was fingered, via a number of leaked texts and Skype messages, in an attempt to tamper with an $800M contract to buy prepaid meters from a Chinese contractor.
There were questions also about his qualifications and whether he was a Harvard graduate.
Following the appointment of a new Board of Directors for GPL last month, Minister of Public Infrastructure, David Patterson, who is charged with responsibilities for the electricity sector, made it clear that issues and questions of Welch would be dealt with.  Continue reading

Hopes of a better Guyana could be lost, if… Badal

Hopes of a better Guyana could be lost, if… Badal

Pegasus Hotel owner, Robert Badal

Robert Badal

SEPTEMBER 19, 2015 | BY | By Abena Rockcliffe

The government must understand its responsibility to ensure that all criminals are brought to justice. The struggling masses will lose all faith in this administration if it fails to bring white collar criminals to justice.

That is the sentiment expressed by prominent businessman, Robert Badal, the owner of the Pegasus Hotel.
Yesterday, he made reference to revelations in the media about the contractual agreement between the then People’s Progressive Party/ Civic (PPP/C) government and the Berbice Bridge Company Inc. (BBCI).   Continue reading

US$60M Marriott opening greeted by protest and criticism – video

US$60M Marriott opening greeted by protest

April 17, 2015 | By APNU+AFC boycotts ceremony

By Kiana Wilburg

President Donald Ramotar and Senior Vice President of the Marriot International Inc., Brenda Durham during the ribbon-cutting ceremony of the Guyana Marriott Hotel.Photo:President Donald Ramotar and Senior Vice President of the Marriot International Inc., Brenda Durham at ribbon-cutting ceremony of the Guyana Marriott Hotel.

Anticipations were high for the much-touted grand opening of the Marriott Hotel at Kingston, the first of its kind in these parts. It was supposed to be a major project initiated by the former administration and now being completed by the Donald Ramotar government.

Ahead of the May 11 general elections, it was expected to be a proud moment. But the expected spectacular event complete with pomp and fanfare fizzled yesterday, falling short of expectations.  Continue reading

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