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From the very outset of Caymanas Park’s divestment, the original terms, some of which still exist, stood as a sure recipe for financial failure. However, instead of taking heed, those in charge at Caymanas Park back then read the headline and dismissed commentary on what was one of the worst deals ever struck as Jimmie’s journalism mischief-making.
After Supreme Ventures Racing and Entertainment Limited’s (SVREL) losses started piling up amid uncovering of faulty chattels that were deemed to be in perfect working order, despite what should have been due diligence, somewhere along the line came an ‘oops’ moment, which was not only played out in the boardroom but also within management at the racetrack.
It is this ‘oops’ moment that continues to fuel one of the biggest debates surrounding what was promised as opposed to what is being delivered by SVREL to whom the racetrack was divested.
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