The minister gave that indication while responding to questions from Second District Representative Melvin ‘Mitch’ Turnbull last Friday.
Wheatley said the SSB specifically invested the 18,835,957.50 on 138.6 acres of real estate scatter across the BVI.
A breakdown of the investments shows the SSB spending $325,000 for four acres in Mount Sage in June 2016 and another $705,000 in Long Trench in July 2016.
In that same year, the SSB purchased a number of lots in the Joe’s Hill area of Tortola to include 2.268 acres of land for $360,000 and 0.25 acres at the cost of $49,000.
Wheatley said the SSB spent another $360,000 for an additional 2.268 acres in Sea cows Bay while 0.164 acres costing $525,0000, 163 acres for $610,000, 0.167 acres for $445,000, and 0.167 acres for $550,000 were all purchased in Wickham’s Cay in that period.
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