Reliable sources have reported that these wannabe business investors $20 million loan proposal was rejected by a prominent local bank official.
In the beginning we addressed grave concerns involving the secretary of DPL’s involvement, especially after his letter of support to our legislative branch, to include promises of huge revenues and benefits to our people.
We also pointed out that this investor did not have the needed initial financial investments and that the only reason this leasehold was being fast-tracked is to allow the investor time to secure our public land, and later on to sub-lease it.
All of you by now should be asking WHERE is the investment? Why is the site still a jungle with no movement or development taking place?
We hereby request that a subpoena be issued immediately and an investigation launched. The public land lease should be rescinded.
DPL included a provision in the leasehold requiring FLAME SAKO to produce all financial and operational capabilities within six months to our legislative branch, something we strongly opposed. Any foreign investor who wants to invest in our homeland must show proof of financial capability on the day the proposal is made.
Why is it that most of you are easily convinced by outsiders wearing BLACK SUITS and TIES? In our opinion anyone can rent and wear such an attire to look wealthy and important. But not anyone can fool TAOTAO TANO. The only people in our homeland who we trust approaching us in black suits and ties are the FBI agents.
GREGORIO CRUZ JR.
Taotao Tano
