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Foreign investor sues Elisabeth Harper's son for US$3 million

Reagan Pollard [Stabroek News photo)Reagan Pollard (Stabroek News photo)

 
 

The son of the People’s Progressive Party Civic’s (PPPC) Prime Ministerial candidate, Elisabeth Harper, is facing a lawsuit for at least US$3 million that had been provided to him for his company to invest in the mining sector.

Harper toldDemerara Waves Online News that the matter is before a Guyanese Court several months ago.

She is the guarantor for the loan. 

Demerara Waves Online News was told that Reagan Pollard created a company, Reflex Mining, to facilitate the investment but the deal eventually fell through. The funds- US$3 million- were transferred to Pollard's personal bank acount about three years ago.

The United States-based investors then agreed that the amount be converted to a loan for repayment by Pollard.

While the legal action against Pollard is for alleged non-payment of the money, Demerara Waves Online News was told by usually reliable sources that there is evidence to support his claim that tranches by way of wire-transfers have been made to the two investors.

Harper did not say definitively whether she thought that an e-mail being circulated about the matter was calculated to smudge her credibility as the PPPC’s Prime Ministerial candidate. The e-mail refers to the need for preferably lawyers associated with A Partnership for National Unity (APNU) or the Alliance For Change (AFC) to be hired by the investors.

Pollard is a former national squash champion.

 

http://www.caribnewsdesk.com/n...son-for-us-3-million

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You people are so gullible everything you hear you run with it like the wind. Did you see the article saying that the "Prime Minister" is involved or is being sued? Its her son. You guys are so quick to cast judgment and even now that it is elections and any little thing that happens you guys turning it into something its not. Humans error all the time and I would like to know which one of you here has a perfect life and never had a lack of judgment. I urge you to get your facts and information correct before you around spreading propaganda about Ms.Harper. 

FM
Originally Posted by Jay Bharrat:

AFC/APNU offering US$5million to expose my son-

 

Is she serious?

 

Did her son get into the deal with the expectation that Mom will help?

 

 

Ignore those emails. They were sent by PPP butt boys like Coounscie to make the opposition look bad.

Mars
Originally Posted by Jay Bharrat:

If they want to create mischief, then create believable lies.

 

Where the hell would the Coalition get $5Million US from?

Their propagandists are not too bright. Look at the ones who are paid to post here. They write like they barely made it to 4th standard.

Mars

Some commenters in social media are putting a juicy twist to this story.

They are suggesting that now that Bharrat Jagdeo is on the PPP candidates list, moves are being made internally to depose Elisabeth Harper from the prime ministerial slot which BJ will step into.

Gilbakka is not saying this. Just relaying what's in social media today.

FM
Originally Posted by albert:

You people are so gullible everything you hear you run .

US investors suing because Pollard ran off with their $$$.

 

Now I see why the PPP chose his mother!

FM
Originally Posted by Gilbakka:

Some commenters in social media are putting a juicy twist to this story.

They are suggesting that now that Bharrat Jagdeo is on the PPP candidates list, moves are being made internally to depose Elisabeth Harper from the prime ministerial slot which BJ will step into.

Gilbakka is not saying this. Just relaying what's in social media today.

No need for any of that. She is an honorary CIVIC member. She said she was made one a few days ago ( I guess they can mint those on the fly). Per the rule with CIVIC she is a glorified bench warmer.

FM

It didn't take long for this unknown newbie to become known so quickly for such an inglorious matter involving alleged corruption.

 

However, birds of a feather...

 

She must feel right at home as there are very few clean hands in the PPP, if any.

FM
Originally Posted by Jay Bharrat:

It didn't take long for this unknown newbie to become known so quickly for such an inglorious matter involving alleged corruption.

 

However, birds of a feather...

 

She must feel right at home as there are very few clean hands in the PPP, if any.

Just a set up for Elisabeth to resign due to "stress" and Jagdeo to come to the rescue by "reluctantly" agreeing to be PM "for the good of Guyana".

FM

Poor Liz

She visit Sam

and Measure Dem Window

and Order New Blinds...

Rat Set she up

Jennifer Resign....She is Next

 

Prime Ministerial candidate says she is being blackmailed

April 10, 2015 | By | Filed Under News 

People’s Progressive Party/Civic (PPP/C) Prime Ministerial candidate, Elisabeth Harper, has come out in support of her son who is embroiled in a bitter court battle over the alleged embezzlement of $700M given to him by foreign investors.

 

Elisabeth Harper

Elisabeth Harper

 

 

The money was to be invested in the local mining industry, but the investors never received the agreed returns from Harper’s son, Reagan Pollard, who was their local partner.

 

According to reports, repeated requests by the foreign partners for their share of the profits were met with several excuses from Pollard.

 

This continued over two years. The investors, who hail from Canada and the United States of America, moved to the High Court in November last year.

 

In a statement issued yesterday, the PPP Prime Ministerial candidate expressed the belief that she is a victim of extortion and blackmail.

 

“Ever since I have been appointed as the PPP/C Prime Ministerial Candidate there have been attempts by a known individual, tantamount to blackmail or political extortion regarding a legal dispute between my 36-year old son and his former business partners,” Harper said.

 

 

Reagan Pollard

Reagan Pollard

 

 

According to Harper, her son is engaged in his own business enterprise and she is aware that he and his former business partners have been in court in Guyana since November 2014 to settle a dispute that has arisen.

 

“I love my son dearly and am fully supportive of him. 

 

I also respect his business independence.

 

In view of the fact that the matter is being addressed by the Court it is therefore sub judice.

 

The several attempts of extortion and blackmail directed at me regarding this case are disturbing.

 

I strongly reject any attempt to use my political appointment to resolve this matter extra judicially or to influence the legal direction of the court case,” Harper stated.

 

The issue has arisen at a time when Harper is campaigning earnestly for the ruling People’s Progressive Party/Civic for the upcoming general elections next month.

This could Lead to the Decision

to appoint Kwame

kwame mccoy stepping out on guyana

as the PPP Prime Ministerial Candidate.

 

Yuji is Very Happy

FM

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