THE information as contained in an article published in the Sunday Chronicle on September 4th, 2011,  is a complete misrepresentation of the facts surrounding the financing of the project involving the construction of  Buddy’s international hotel.

It seems to be a deliberate attack on my person and is erroneous and untruthful in content.

I wish to make it pellucidly clear that, at no time, did I approach anyone as suggested by the (whistle blowing website, Wikileaks) cable for financing; nor am I in any way involved with narco-traffickers.

The Buddy’s International Hotel Inc. successfully secured financing from the local banking sector to the tune of over one billion Guyana dollars.

It is a matter of public records that several debentures over the hotel’s assets were issued to a leading commercial bank.

Furthermore, other assets held in my name were leveraged to raise further financing from another commercial bank and mortgages had been established to secure this additional financing.