Land bust up on hospital support project

| 07/04/2014

(CNS Business): Owners of a company formed to buy the land for supporting facilities at the Cayman Islands Health City in East End have fallen out. Health City Development Ltd was formed in May 2012 between the Shetty hospital project partners, Gene Thompson and Harri Chandi, with OJ Buigas from a real estate firm based in Florida, who now says he has no confidence in Thompson as director and the parties have disagreed over cash. Buigas has applied to the court to wind up the company, accusing Thompson of overstating the value of the land. The petition comes against the backdrop of an empty hospital, which has been open for more than five weeks but doesn’t have any patients. Read more on CNS Business

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