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Montag, 12. Februar 2018, 22:43

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Just weeks before the 197-room, US$58M Marriott Hotel is set to open its doors in Kingston,Winston BrassingtonGeorgetown, Government in explosive disclosures yesterday admitted that all of the monies it spent so far to bring the facility into operation, has been from the taxpayers.That was after court cases and other factors held back the release of more than US$30M from a bank and two private investors from Hong Kong.There had been questions about Government finding the estimated US$34M that was needed to complete the hotel but Cabinet Secretary, Dr. Roger Luncheon, finally broke the silence, disclosing how the hotel came to the point of completion.He said that the Government-owned, National Industrial and Commercial Investments Limited (NICIL), has put up the rest of the money with the understanding that the money will be repaid by the investors when the matter is cleared up, sometime in the future.The repayment arrangements is bound to raise eyebrows over where NICIL, first of all,Wholesale Jerseys China,? found over US$34M and more importantly, whether it would make sense to give control of the hotel and its adjoining casino into the hands of a third party, after spending that sum to construct and complete the facilities.Luncheon, during his weekly post-Cabinet press briefings, noted that the financial closure of the hotel deal had been affected by legal actions and other delays.Luncheon said that without NICIL