The Barbados Labour Party (BLP) wants Government to produce an official and up-to-date valuation of the Barbados Hilton property at Needhams Point, Greavesend, St Michael.
Kerrie Symmonds of the Barbados Labour Party yesterday made the call following official concerns about the proposed sale of the property.
In a Daily Nation story Monday, it was revealed that Permanent Secretary in the Ministry of Tourism and International Transport, Donna Cadogan, had written Needhams Point Development, the entity of which the Hilton is the main asset, requesting an up-to-date valuation of the property. The letter was addressed to chief executive officer Henderson Williams.
Symmonds said Monday that Cadogan’s actions were an example of the country’s civil servants having Barbados’ best interest at heart.
He noted that in November last year he had warned that the National Insurance Scheme board had received notice to the effect that the Hilton would be sold to London and Regional Properties for BDS$80 million, and that the question of a valuation had also been asked.
Symmonds said Barbadians need to know as a matter of principle, whether or not a valuation has been done since December 15, 2017, and if so, what is the value of the Barbados Hilton, and how did Government arrive at a sale price of $80 million three weeks in advance of a request from the ministry for a valuation. (BA)