…Area Representative Manuel Heredia Explains His Involvement
Heredia Junior insists that his participation was only minimal – just facilitation. He also maintains that Grand Belizean Estates paid far more than what was paid for similar fifty-acre parcels. Still News Five has managed to get hold of a reference to a Lands’ assessment which claims that at the time the land was transferred to Grand Belizean Estates; two hundred and two parcels on that large plot of land were being sold for twenty-thousand dollars each. That’s more than four million dollars. In fact, it is known that similar parcels in that area were being sold for thirty-five thousand dollars each. So essentially Grand Belizean Estates got hold of land officially valued at more than seven million dollars, and all it cost them was a school building valued at three hundred thousand dollars. Heredia Junior maintains that the company paid a lot to reclaim the land, and also claims that the reason it is coming up right now is political mischief.
Manuel Heredia Jr.
On the Phone: Manuel Heredia Jr., Minister of Tourism
“I just tried to facilitate, but Grand Belizean Estate not long ago…and I doubt that they have sold this land yet…Grand Belizean reclaimed…spent a few million dollars to reclaim part of that land and they have not even finalized, because I go regularly to the Grand Belizean Estate. There is a nice beach where locals and tourists go every day. This land is not by the beach but further up, a low-land that was sold to them. They are reclaiming that land. If a piece of land is worth a thousand dollars probably it would cost you sometimes four thousand or six thousand to reclaim it. It would cost you three, four, five times the original cost of the lot. But whatever the case, Grand Belizean Estate, after you sell them the land…it is not my business what they will do with that. They are supposed to be lucky. That can be checked with the Lands Department how much he paid for the other two parcels and how much was paid for this one…much more than he paid for those two. But the reclamation…man, that cost four, five, six times more than the value of the land. What I believe is happening over here is because election is around…they know that this particular area rep is so popular in San Pedro that they want to undermine me.”
