Monday 1 October 2012

Sunburn Yacht Hotel Ordered to Leave Lagos Shores




LAGOS - As all issues relating to the
controversial Sunburn Yacht Hotel had been
cleared, while arrangement had also been
reached to take it back for rehabilitation
and repairs, Lagos State Government said it
had issued a notice to the owners to remove
it from Lagos shore for security purpose.
It would be recalled that a group had staged a
demonstration to the office of the Economic and
Financial Crime Commission, EFCC, to protest over
what they termed government's financial
involvement by using tax payers' money to fund
the yacht project.
Commissioner for Tourism and Intergovernmental
Relations, Oladisun Holloway, made the
clarification while speaking on the recent public
comments that state government has financial
interest in the yacht.
Holloway, while debunking the reports, stressed
that Governor Babatunde Fashola had on several
occasions stated that the state government never
invested in the project.
He said stakeholders in the business transaction
maintained that all issues relating to the vessel
had been cleared, noting that outstanding issues
have been settled out of court.
Holloway said: "We have to correct that
impression that Lagos has investment in the
vessel. Lagos State government did not invest its
money into acquiring Sunburn Yacht. The state
government did not invest the tax payer's money
in the acquisition of the yacht."

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