D’Aguilar: CCA trying to ‘wiggle out of paying $1.6bn’

By Fay Simmons

Tribune Business Reporter

jsimmons@tribunemedia.net

 

Dionisio D’Aguilar, who sat on Baha Mar’s board under the mega resort’s original developer, said the unwillingness shown by Chinese state-owned CSCEC Holding Company (CSCECH) to settle the $1.6bn debt with BML Properties is a “red flag”,

Speaking to Tribune Business, Mr D’Aguilar said he is still shocked the Chinese government is choosing to “wiggle and worm” out of paying the $1.642bn damages awarded to Baha Mar’s original developer, Sarkis Izmirlian, by the New York State Supreme Court.

Commenting has been disabled for this item.