NH International, a construction company owned by former chairman of the Telecommunications Services of Trinidad and Tobago (TSTT), Emile Elias, has won in court against a company owned by Finance Minister Colm Imbert, in a legal matter arising from the construction of the Grenada National Stadium.
The Appeal Court has dismissed an application by National Stadium (Grenada) Corporation for a stay of execution of a judgement handed down in 2011 by Justice Peter Rajkumar in 2011 in favour of NH International.
Justice Rajkumar had ruled that NH International could receive money owned to it for work done on the Grenada National Stadium, which is held in escrow by the Unit Trust Corporation.
However, National Stadium (Grenada) Corporation, which had previously worked on the construction of the stadium, appealed the judgement, in an attempt to stop the payment.
The Appeal Court's dismissal now paves the way for NH International to receive the payment.
It will seek to enforce Justice Rajkumar's order in a matter to be heard on November 3rd, 2017 by the High Court.
In January 2011, the High Court order Minister Imbert to pay an outstanding debt of close to $55 million owed to Elias and NH International after a lawsuit brought against Imbert by Elias.
The duo had been at loggerheads after Elias's company was fired in November 1999 by Imbert's company during the construction of the stadium.
Elias had then taken legal action against Imbert to recover money which he claimed his company was owed at the time it was axed.