(Kaieteur News) – Leader of the Opposition, Azruddin Mohamed has publicly accused President Irfaan Ali of massive state-fueled corruption, alleging the rapid development of a luxury 150-acre private estate and ranch investment valued at more than GUY $2.2 billion.

In a video published on his Team Mohamed’s Facebook page, the opposition leader said the “mind-boggling 150-acre ranch investment amounting to more than $2.2 billion” was “developed in just three years after becoming president of Guyana in 2020,” and could “never” be substantiated by a presidential salary of $3.7 million per month.

In a counter-offensive, President Ali hit back almost immediately by posting a privately owned Newsroom article on his official Facebook page, refuting the claims as a “contrived story concerning his farm” and detailing his asset declarations. Ali also stated that “he is in possession of text messages received from the Senior Mohamed, including messages sent as recently as this week, which he (Mohamed) says recordings would be released if amends were not made between the president and the Mohamed family. The president said this implied the government’s easing of extradition proceedings requested by the USA. The president said those communications and their contents are capable of examination and speak for themselves, adding that he is willing to make them public.”