SPPF Gave Islands for One Rupee to IDC
On December 20th, 1994, Francis Chang Sam, drafted a lease for 99 years between the Government of Seychelles and the ISLAND DEVELOPMENT COMPANY LIMITED (IDC).
The Managing Director of IDC at the time was Mr. Glenny Savy and he signed the lease on behalf of IDC. Joseph Nourice now Ambassador, signed on behalf of the Government of Seychelles. Chang Sam who is quiet, but is becoming known to do a lot of these cozy deals for the powerful prepared the lease documents and acted as a Notary.
Chang Sam was also a Board member of the Central Bank of Seychelles
Lease Term 99 Years at One Go
The lease consideration for a 99 year lease was Rs. 1.00. No other payment was made.
The Lease included all buildings and all existing infrastructure on the following islands, many of which Mr. Savy has gone on to sign off sales and subdivisions and made numerous transactions.
All along, we were given the impression that these islands are being cared for by IDC, for the people of Seychelles
Are they being cared for or are they being milked?
Name Those Islands for Rs. 1.00
The islands that went for One Seychelles Rupee in One transaction for 99 years, to one company managed by one man, is as follows according to the transcription Volume TB 8 No. 214 , Registration Vol. B 33 No. 1219 , dated 20th January 1995 are: 1. Silhouette, 2. Ile Platte, 3. Desroches (of the Amirantes Group), 4. Remire (of the Amirantes Group), 5.Marie Louise ( of Amirantes Group), 6. Desnoeufs (of the Amirantes Group), 7. Poivre Atoll, 8. Alphonse and St. Francois Atolls, 9. Providence Islands 11. Cosmoledo Atoll.
Stamp Duty “Free”
To add insult to injury, no valuation of assets on the islands were made. No valuation of the islands themselves made. Finally, no stamp duty was paid. Under the Stamp Duty Ordinance, section 6 and 20 Revenue Stamp it reads: “FREE”.
D’Arros Island Group
In the matter of the Bettencourt properties of the D’Arros Island Group bought from the Palavi Family of Iran, her lawyers had estimated and valued that island group to be worth Euro 1 Billion, and formed a significant portion of her real estate holdings in terms of value.
Given that D’Arros is worth almost Euro 1 Billion, what value could we place on the islands given for 99 years for Rs. 1.00 to IDC, a company that Mr. Savy will likely now try to control for life, for obvious reasons.
Restriction of Assignment
One interesting article of the lease is the restriction of assignment of any interest on these islands without the written permission of the Republic.
Has the Government of Seychelles approved of all the land sales on Desroches Island Outer Islands
Complaining about Glenny Savy Acting like a President on Outer Islands
Those who complain that Glenny Savy acts like the President of the Outer Islands can now stop crying. The deed of Transaction that Albert Rene ordered, before he left, soon after multi party was announced, allows Mr. Savy to do what he wants to the Outer Islands Outer Islands
Now we know why IDC offices are referred to as STATE HOUSE at Newport
SESEL POU SESELWA!
May God Bless All Freedom Loving Seychellois!
Very good source has revealed that on Marie Louise Island 8 Indians are watching the Island.
ReplyDeleteNo Seychellois present.
Orders is directly from Glenny Savy
Very good source has revealed that on Marie Louise Island 8 Indians are watching the Island.
ReplyDeleteNo Seychellois present.
Orders is directly from Glenny Savy
Very good source has revealed that on Marie Louise Island 8 Indians are watching the Island.
ReplyDeleteNo Seychellois present.
Orders is directly from Glenny Savy
Poivre has been given to a South African group.
ReplyDeleteDesroches has gone to a South African group.
Marie-Louise (not Potter but I hope they take her too) has gone to a South African group.
Platte has gone to a South African group.
Do you see the trend here?
How much has Glenny Savy pocketed from these illegal leases and sale of our islands?
Remember the hotel on Farquar as well that is exclusively rented out to Mauritian friends of Glenny Savy? Where is the money? Who takes the bookings? Time to investigate Mr. Savy's Mauritian bank account, but then, Savy is a smart crook like his two brothers David and Francis. I am sure their money is hidden in Mario Ricci's vault.
As for Francis, don't forget that he has 2 islands as well. St. Anne and Felicite.
I guess we have 2 Seychelles. Mahe, Praslin and La Digue belongs to Seychellois, and all the other islands belong to the Savy Brothers, courtesy of Albert and Geva Rene.
Looks to me like we have a similar case to Tunisia here.
James Michel also has a Presidential Villa on Desroches, plus a Jeep as well. I guess Albert gave him a piece of the action to shut him up.
ReplyDeleteVolcere and Ferrari, why don't you print this story in the Weekly and Regar? Or have you also received an island in exchange for your silence?
Why doesn't Ramkalawan print it in Regar too so we can get the carousel turning? He is after all an MNA and can raise such questions in assembly. Or has he recieved his own rock too?
ReplyDeleteLD
All Press are free to reprint any article I write.
ReplyDeleteCome on guys, get with it before Heegar runs as PL candidate for presidency!
Sesel Pou Seselwa!
Island sale issues have been covered in the past in Regar and weekly. Why should they reproduce your article mr Gill. For you to acuse them of plagiarism
ReplyDeleteSeychellois as the only legitimate owners of this land,have a the right to be availed of every detail of these transactions and nothing should be swept under the carpets.
ReplyDeleteThe surest indicators of the government's resolve to curb such recklessness in public office is when the full weigh of the law is applied to willful violators of the laws of the country not matter how highly place.This is another test case for Michel the master of deception.
Thisalso may explain why PP harasses MSR when we say `SESEL POU SELWA ,for they think Seychelles is for Pp gang of crooks and foreign mafias.
One more thing FAURE recently called on Seychellois to help Pp fight aganst corruption,as if he does not know who are the prepetrators of which his a part of,well Faure here is my help, start by abiding by the rule of law and investigate your communists friends and yourself first.Do not forget we are still got u$2,5 billion missing in our coffers stolen by pp cronies under your watch.
There semmes to be only one way to get those donkeys stop their crimesacts namely by mass protest.
Donkeys stop selling our patrimony to foreigners ,and if you are short-minded i remind once against SESEL POU SELWA !
Jeanne D'Arc
SOON CHINESS ALSO WILL GET A ISLAND FOR THEM TO MAKE FARM.
ReplyDeleteAny way Jeanne D'arc Wikileaks have the CD in there hand and there give all name of those corrupt Politician soon we will know who are those mafia,who took our 2.5 billion.
ReplyDeletePLagerism Phobia-man:
ReplyDeleteNeither Regar or Weekly have exposed the one off transfer to show a scheme to divest the People of Seychelles of their patrimony.
One cannot plagerize when they have permission to print.
Keep on pulling PL's curtain to protect them.
We in MSR see your meetings with Michel, from behind the gates, and we know you have sold us along with PL.
Change your ways and repent.You cannot buy TRUTH.
SESEL POU SESELWA!
Both weekly and Regar did expose Farquhar, regar also exposed the platte, poivre and other shady land deals though. Ste Anne for scr1 is old news nothing new.
ReplyDeleteInstead asking these papers to spread your message why not use the newspaper that you licensed over 3 months ago and babbled on to look out for. We are still looking and see nothing. Have you not got enough garbage to fill it with
Reply to Babble-
ReplyDeleteYou sound like a vindictive, spoiled sport, who has not a bone of cooperation in his body.
The point of the article is not that individuals transactions have taken place as Regar covered.
In fact, Regar has made a blunder when you say it covered those islands.
The transactions for all these islands were done in one transaction, not numerous. St. Anne is a separate transaction, I salaute you for bringing that out beofr ethe last elections. You were a hero then. I voted for you. Then you went to sleep.
Now I show you evidence of a scheme to defraud that is material you refer to it as babble?
Are you an opposition to the ruling party or an opposition to the opposition?
Babble on FADA Moore.
Sesel Pou Seselwa!
James Michel is responsible for Bankrupting Seychelles, no one else takes this responsibility.
ReplyDeleteRamkalawan is responsible for dividing the opposition. No one else takes that responsibility.
Now you Regar defender try to cover your ass when Mr. Gill does an expose on IDC and Savy and you say he is babbling.
If you had a united opposition, you would not be crying.
Totally pathetic.
I hope Mr. Gill keeps on writing and ignores you all.
Mr. Gill has done a damn good job in the last years he has written. I don't know why he stopped writing in Weekly, because it was a damn good write up every week.
Seen today's Regar. Another shady land deal exposed. Do you got 1 that is not such a shady deal because it was a transfer to a govt parastatal. Not an individual.
ReplyDeleteKeep on babling as I am not Fada as you are trying to make people believe .
Still awaiting the newspaper that us going to send weekly and Regar to the grave.
JD
JD Babbling Fada or whatever you are-
ReplyDeleteIDC is not a parastatal that is the point.
It is a limited company.
They have been telling us IDC is a parastatal for years but the reality is that it has only one man really in charge Glenny Savy after what 25 years?
You do not see anything wrong with that?
I suppose adult men sleeping with 12 year olds is ok and should be promoted? Is that what you are saying King Babble Karya?
Sesel Pou Seselwa!
If Regar did one this week, I will do another one next week. Then you do one ok?
ReplyDeleteUntil we unearth all the scams in Seychelles, and make it public.
Are you happy now Babble King Karya?
Sesel Pou Seselwa!
Pp cronies cannot make the different between parastatals and Ltd companies..Parastatal is used by PP to disgiuse the real illegal practices of pp cronies in order to use Tax payers money to keep those companies afloat, while Glenny and others pocket all the profits Guy ADAM is doing so,Glenny is doing so,etc." After 25 years of communism we have not seen a cent from those companies except that Glenny Savy has become multi'millionaire in dollars.
ReplyDeletePP invited and paid the American company _ERNST and YOUNG hundreds of dollars to conduct an investigation in those so'called parastatals,but to our surprise Michel refused to make the report public.we may ask why does Michel failed to publish the report`-Since it is a communist state it is right to say is becuase it will reveal Pp crimes,and Iîf Pp consider that i am wrong,it can simply prove the contary by releasing this report that we can all appreciate it.
Bubble Karya my piece of advice, there is not place for pedophile in our country.
Donot you dare put your hand on our children you might lose your life.
Jeanne D Arc
Note, Babble that Sihouette island is Seychelles' third largest island ,we cannot allow one man ,especially a foreigner to control our patrimony illelgally gifted to him by PP,regardless of the reasons behind it.
ReplyDeleteWe would need to put all those illegal transactions under the microscope once Pp is ousted and those responsible will have to pay for their crimes.
Sesel pou Seselwa.
Jeanne DArc
Reply to Jeanne D'Arc:
ReplyDeleteReference Babble SNP.
No , no Jeanne D'arc, we cannot bring up these issues.
We must keep the curtain on SPPF because SNP gets their fat cat salaries from them.
If we expose PL, PL might start cutting salaries and cut the invites to cocktail parties, and cancel gasoline vouchers for the election.
Stay put you and Mr. Gill. Go plant bananas and let SNP do the job of keeping the curtain shut on SPPF PL.
Long live SNPL! Sesel is Not Pou Seselwa!
I would not mind planting bananas to feed you and your familly,but unfortunately PP with their collaborators have illegally sold all cultivable land to foreigners the last deal was done this week with chinese.
ReplyDeleteRAM doesn^t need any more tax payers money for cocktail parties,remember he started as a poor priest preaching god's messages about justice,love etc but he has now ended up to be a pp made multi-millionaire, which make him a collaborator to the commnist regime rather than an opposition leader.
As to SNPL ,it might soon become a reality since PP might well need a supermajority to stay alive and RAM who has already been paid to act as FAKE oppostion might well be named Prime minister.That may explain why RAM remains quiet on PP refusal to register MSR instead of supporting it,on issues like our patrimony being sell to foreigners,about our passports illegal sold to foreigners,about our institutions being controlled by foreigners,about the illegal oil deals PP is making with pseudo- oil companies that no one in this world have ever heard of.
RAM a a real ram,he does not have anything to offer to this country than bleating nonesense and participating with PP in keeping the communist regime afloat.RAM is losing his credibility if not already lost.The only thing that RAM has not change is preaching,But unfortunately not anymore in the name of god but in the name communism.
Sesl pou Seselwa
Jeanne DÂrc
Ramkalawan saved himself and got rich. So what.Do you have a problem with a rich priest? Do you like them poor all the time?
ReplyDeleteNow he will save us. We will all be rich with Ramkalawan. SNP is winning for every Seychellois (e).
We don't need non supporters of Ramkalawan. Go plant bananas as you propose.
SNP and (L)- so what!
Every time the election is coming Michel and his shit newspaper say there have seen oil.
ReplyDeleteMichel how many years you will continue drilling and you will pomb it out.
Are using this word oil to brain wasch Seychellios like you and Rene have done in the last 35 years to stay in Power.
Michel you have done enough distruction on our land and give our land and island to those Mafia.
Now you want to damage the bottom of our sea and kill all our fish. Michel go to hell.
Johnny
Yes,he got rich no by hard working but by participating with Pp in purloining the people wealth,for a priest like RAm this can be equated to JUDAS selling God to the Romer.
ReplyDeleteNo worry about your bananas we will ensure that once Pp is ousted those monkeys will we send them on a farm to plant bananas ,casavas etc for their own use,for you,and other prisoners after all we brankrupted we do not have money to feed crooks like RAM ANd pp cronies.
Jeanne DArc
Jeanne d'arc, are you calling J D who christopher called blabbing Fada a pedophile or a child abuser. That is a strong accusation. I just hope you have solid proof because if you have the guts to reveal your identity be prepared with your evidence. Don't just fall for all that Christopher writes.
ReplyDeleteJD
That would be a real story, put everyone who had a sexual realtionship with fada on the stand to confirm their age.
ReplyDeleteGood one.
Pathetic.
Well jeanne d'arc let me tell you that JD is not Fada or ever been called that. You acuse JD. Please make sure you know who he really is before you make such strong accusations.
ReplyDeleteoh please i went away and came back to see d same old bullshit from gozye and friends!
ReplyDeletewhy ask regar or weekly to print it for you, for god sake you've brag about having the best printer in seychelles that can print so many copies in so many minutes!
spare us the drama and walk the talk cowards!
** John Bull **
You SNP fake profiles always get in trouble then blame others from your woes.
ReplyDeleteJohn Bull pulls the word courage from the back of his pants, another fake profile.
Use your name courageous.
Stop acting tough behind a fake name. It makes your party look like a bunch of bananas.
MSR will not hurt you. PL loves you.
Sesel Pou Seslwa
Christopher Gill
Gozye Ferrari aka John Bull,
ReplyDeleteMSR is fighting for certification today, and that is our priority. Unlike SNP, who is wlecomed as a party by SPPF because it is soft and weak in principles, strong in taking money from foreigners who want to take our country from us.
That type of opposition SPPF likes.
We will start are paper when we decide to. Yes we have a printer, yes it is paid for. We did not scam it off the US EMbassy and then start a profit private business with it. Nor did we use our printer to stifle Free Press and Free Speech as you did when you refused to print Weekly hoping it would close down.
Similarly you hoped DP would close down as well when you kicked Frank Elizabeth out of the National Assembly and broke an Election Alliance.
MSR is alive and well. We do not need Gappy to tell us we exist. Our supporters know we are here, especially all those supporters in Mont Fleuri who are tired of being bought with a Seybrew.
Unite the Opposition is the only task beofre you. Fail to, your party will become irrelevant to Seychellois.
It has alrady been asleep for 5 years.
SESEL POU SESELWA!
E ou la Gozier Gill ki pa Seselwa
ReplyDeleteEliza Bette got kicked out of your so called "Alliance Party" because he did not toe the SNP line and crossed the floor like Christopher Gill did to the Dead Party.
When are you going to stop shaking your jaws with your bloody nonsense?. Ou repitation inn fine bez tomb dan la boo Kouyon. In other words, you are a nobody....a nothing......and nobody wants you and your idiosyncrasies on a daily basis shows what an idiot you are.
can aa
ReplyDeleteNyone update us on the progress at Sheik Khaifa's palace, the issue that brought me to this blog in thenfirst place. Have the people of La Misere accepted tye settlementnfor waternpollution? Merci.
Gozye Ferrari-
ReplyDeleteElizabeth did not tow the party line on Tromlin Island?
Elizabeth was not SNP. He was DP and he had an independent voice of SNP.
If he was still in Assembly and he voted against the fat cat pay raise of 38% and 70% salary pension for life, while SNP voted in favor, you would kick him out ?
Is this what SNP is.....a little SPPF ?
Pathetic Goyze Ferrari, SNP has failed the people as a party and individually, you all went looking for money and forgot the people.
Your only salvation is to unite the opposition and abandon your conspiracy with SPPF PL .
Sesel Pou Seselwa!
CA AA,
ReplyDeleteKhalifa after experiencing harsh pressure from MSR has gone Doggo,we no longer see pictures on Nation ,SBC of his arrival here as before.However foreign prostitutes are still ilegally entering our country disguise as illegal hotel workers to fulfil Khalifa's perserve fantansy.He still not paying his Taxes and duties,.
About the compensation,pp is still dragging their feets,but probably all will be settle before the election in attempt by Pp to regain La Misere support which in my opion won^T an easy task for Pp,it has lost all credibility among the people already.
You havbe seen at least what he gave us in return for his debts owes to us.two coastal poatrl boats,and thress "PIROG"" that Pp cannot even published in Nation becuase of shame, we could have built them ourselves.
Jeanne D'Arc
MSR will continue to expose Khalifa's insensitivities to the People of Seychelles.
ReplyDeleteWe will continue to ask him to pay for his taxes due.
We will continue to ask him to give back the land and return the land and return the site to the original condition.
We are now hostages of Iran and only one missle away from hell thanks to sheltering Khalifa, a decision Michel made without thinkming as usual.
The patrol boats are being used by one party for elections. Khalifa is put on NOTICE of mis use of resources.
However, the skippers are from UAE.
SESEL POU SESELWA!
"""In other words, you are a nobody....a nothing......and nobody wants you and your idiosyncrasies on a daily basis shows what an idiot you are."""
ReplyDeleteWhen I read the above it made me very, very, sad, that is because when I hear a human being saying the above words to another , it just indicates to all that this person has no integrity and no human decency.It is sad and it is a shame that we don't value each dignity other.
Unless we change our ways, learn to treat each other with respect regardless. we will not progress as worthy human beings.WE ARE ALL VALUABLE HUMAN BEING>
Reply to last comment-
ReplyDeleteYou sound like someone just took your lunch box away from you.
Do you not address the dignity of the People of La Misere that face death from contamination of the drinking water source?
Do you not address the issue of those people that live in utter poverty in Seychelles, and we do not collect taxes from Khalifa to help them out of poverty?
Mind you, Mr./Madam Dignity,you are referring to over $200Million in taxes, unpaid, and a broken road to La Misere and broken water lines. People are still showering with bottles. Is this dignity for us?
Khalifa must pay his way. No exception. If we make an exception for him, we make an exception for everyone under the sun. We are a democracy not an autocracy.
Do you like what you see in Tunisia and Egypt?
Do you respect our dignity when your thugs hunt down our activist and they break into our offices?
Is this dignity at work?
Pathetic, and even sick you are.
SESEL POU SESELWA!
Sounds like North Island went for cheap and someone else made a killling off it.
ReplyDeleteSame story everywhere with these communists.
Speaking of Michel's son. I heard he has already been executed. Anyone has any reliable info on this.
ReplyDeleteDo you respect our dignity when your thugs hunt down our activist and they break into our offices?
ReplyDeleteIs this dignity at work?
Pathetic, and even sick you are.
referring to the above.
Wisdom is to know the difference.
If it makes you feel better continue to abuse people.
I will laugh my way to "serenity"
Typical perverted PL/.
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