August 14, 2014
Grenada Development Bank
Melville Street, St George’s
I have always firmly held the view that politics and a natural disaster played a major role in BNP Entertainment Ltd (Sugar Mill), not being able to meet its financial commitment to the Bank.
It is my intention to prove the political angle over time, and expose same. As stated in my letter to the Board dated September 10, 2012, Mr Mark Isaac, a then Member of Parliament, was part of the political problem.
At that time, I had no concrete proof of his involvement, however, all that changed on Saturday, March 15, 2014.
As my letter of September 10, 2012 explained:
“That in September of 1990, heavy rain and wind from storm Arthur, caused damage to the roof and structure of the building. After about three months we reopened. At that time our environment began to change, the area was occupied by vendors, squatters and drug dealers. After several letters to the Ministry of Agriculture and the then Minister and MP for the area Mr Phinsley St Louis, the Security Forces, (SSU), removed the vendors and Squatters from the area.
That shortly after the removal of the squatters they returned and started building again, this time with letters from the then MP for the area Mr Mark Isaac for electricity connection. The environment was so bad, that people stop coming, and the business could not pay its bills….”
On the said March 15, 2014, while in conversation with Mr Mark Isaac, in the presence of Senator Ray Roberts, Mr Isaac admitted that he helped the squatters to return to the Sugar Mill property, because “they were voters”.
I have spoken with Senator Roberts subsequently, and he is prepared to document the admission by Mr Isaac, in his presence.
Politics continue to have unwanted influence in the success or failure of Caribbean business. Politicians will do anything for a vote. If this approach continues, we will all be living in failed states?
For BNP Entertainment Ltd
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