Chinese investor Yida Zhang seeks a High Court extension for an $850 million civil case filed by Heskey Capital LLC.
The dispute revolves around a January 2022 land transfer deal, where Zhang, through Yida International Investment Ltd, transferred 797 acres to Heskey for a Special Economic Zone.
Allegedly, Zhang violated contracts by excluding Heskey from dealings with VISS Ventures Trust. Both parties agreed on a time extension.
Zhang also faces financial issues, with a court-ordered $4.4 million payment to Lux Locations, risking prison.
As the Antigua and Barbuda Special Economic Zone’s main shareholder, Zhang risks significant ownership loss due to contract breaches.
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This can’t be real ! We were told 2 billion dollars to be collected in 10 years from this project .
Haha! And for the prostitution of Antigua 🇦🇬. The finder’s fee has already being paid to the fortunate fleecing few, of the creative enrichment cabal.
A so much land he got? No land go left for pickey head Antiguans. Are we Pickney, grand pickney and great grandpickney go have to beg lodging from the new masters.
Meanwhile, the politicians progeny will be living a life of drunken stupor in some far off land. They will drink themselves to death on the most expensive champagne as thieving comes, easy go.
Y’all think any black can go to China and by up any land?
Hell no would be the answer!
Economic Zone my arse!
The corruption in this little tiny island is just unbelievable.
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