Hammock Beach purchase ‘not approved’ by CEMA Board
THE sale of Hammock Beach to the Commodity Exporting Marketing Authority (CEMA) was never approved by the CEMA Board, it was revealed yesterday. Nonetheless, a down payment of $1 million has been made to local firm, Hatanga Ltd. According to CEMA, the land on which Hammock Beach is located “is registered under Hatanga Ltd (HL).…