THE following statement was yesterday issued by Attorney-at-law for President Bharrat Jagdeo, Mr. Anil Nandlall, on the sale of his house at Goedverwagting, East Coast Demerara:

“As a result of inquiries from various press outfits and to avoid a public dissemination of misinformation and unnecessary speculation, I, in my capacities as the duly constituted attorney of and the Attorney-at-Law for His Excellency, have decided to issue this statement.
By an agreement of sale executed on the 31st day of May, 2010, in the City of Georgetown, Guyana, His Excellency, President Bharrat Jagdeo, through his duly constituted attorney, Mohabir Anil Nandlall, sold to Desmond Ernest Arbothnott Ross, of 129 Park Avenue, West Moorings, Port of Spain, Trinidad and Tobago, his property known as and situate at Lot 135 Block 1 Plantation Goedverwagting, East Coast Demerara, with the building and erections thereon, as is more fully described in transport No. 1522 of 1998, for the agreed purchase price of six hundred thousand United States dollars (US$600,000) or its equivalent in Guyana dollars.
The sum of one hundred and twenty thousand United States dollars (US$120,000) or its equivalent in Guyana dollars was paid upon the signing of the said agreement of sale and it was thereof expressly agreed that the balance of the purchase price or its equivalent in Guyana dollars, is to be paid upon the passing of the transport. The agreement provides that the transport would be passed within three months from the date of the said agreement.
As is required by the Deeds Registry Act, the Affidavit of Vendor, Affidavit of Purchaser and the Instructions to Advertise were duly filed with the Registrar of Deeds. In pursuance thereof, the said conveyance was duly advertised by the Registrar of Deeds for passing in the official Gazette on the 10th day of July, 2010, again, as is required by the Deeds Registry Act.
This entire transaction is transparent and all the documents referred to above are now public documents and can be readily accessed and scrutinized at the Deeds Registry, Georgetown, Guyana.
All for your information and guidance.
Yours faithfully,
Mohabir Anil Nandlall, MP
Attorney-at-Law & the duly constituted attorney of President Bharrat Jagdeo
Dated at Georgetown, Demerara
This 13th day of July, 2010”