Issue link: https://maltatoday.uberflip.com/i/1499169
9 maltatoday | SUNDAY • 14 MAY 2023 NEWS The Chief Executive Officer, Lands Authority, notifies that: Sealed tenders in respect of the following advertisements have to be deposited in the Tender Box at the Lands Authority, Auberge de Baviere, Valletta by 10.00am on Thursday, 1 st June, 2023. *Advert No. 25 Grant on a perpetual revisable emphyteusis of a site tale quale at Triq il-Kaffis, Swieqi as shown edged in red on the plan P.D. 2014_487_1_A. The winning bidder has the chance to redeem this emphyteusis within the first fifteen (15) years after a revision according to the rate of inflation as explained in detail in the emphyteutical conditions. Tenders are to be accompanied by a Bid-Bond for an amount of €47,553 as stipulated in the tender conditions. Offers below the amount of fifteen thousand and eight hundred and fifty-one Euros (€15,851) per annum will not be considered. This tender may be subject to the right known as the right of first refusal as per article No. 32 of Chapter No. 573 of the Laws of Malta. A fee of €50 will be charged for the tender document. *Advert No. 26 Grant on a perpetual revisable emphyteusis of a site and structures tale quale in their present state including any latent defects at Triq il-Fer- rovija l-Qadima, Birkirkara as shown edged in red on the plan P.D. 2015_0559. The winning bidder has the chance to redeem this emphyteusis within the first fifteen (15) years after a revision according to the rate of infla- tion as explained in detail in the emphyteutical conditions. Tenders are to be accompanied by a Bid-Bond for an amount of €19,431 as stipulated in the tender conditions. Offers below the amount of six thousand and four hundred and seventy-seven Euros (€6,477) per annum will not be considered. This tender may be subject to the right known as the right of first refusal as per article No. 32 of Chapter No. 573 of the Laws of Malta. A fee of €50 will be charged for the tender document. *Advert No. 27 Lease, for a period of fifteen (15) years, of a garage tale quale without its own airspace at No. 8 "Appartamenti Indipendenza" Triq id-Dawl, Santa Lucija as shown edged in red on plan P.D.11_82_114. This garage cannot be bought by the garage scheme. Tenders are to be accompanied by a Bid-Bond for an amount of €20,649 as stipulated in the tender conditions. Offers below the amount of six thousand and eight hundred and eighty-three Euros (€6,883) per annum will not be considered. This tender may be subject to the right known as the right of first refusal as per article No. 32 of Chapter No. 573 of the Laws of Malta. A fee of €50 will be charged for the tender document. www.landsauthority.org.mt/services/tendering Lands Authority St. Sebastian Street, Valletta *Advert No. 28 Lease tale quale for a period of fifteen (15) years for commercial purposes of a Shop at No. 96, Triq Santa Marija cornering with Triq il-Karmnu, Sliema as shown edged in red on the plan P.D.2016_0935. Tenders are to be accompanied by a Bid-Bond for the amount of €23,436 as stipulated in the tender conditions. Offers below the amount of seven thousand and eight hundred and twelve Euros (€7,812) per annum will not be considered. This tender may be subject to the right known as the right of first refusal as per article No. 32 of Chapter No. 573 of the Laws of Malta. A fee of €50 will be charged for the tender document. ISSUE OF TENDERS *Adverts appearing for the first time. These adverts are being published as an invitation to the public to acquire tender documents online. The bidders are to refer to all the conditions of the tender document and are invited to read carefully these conditions. Tenders should be submitted only on the prescribed form, which together with the relevant conditions and other documents, may be obtained by clicking on 'Buy Tender' on the web page where this tender is available on https://landsauthority.org.mt/services/tendering/ A fee of fifty Euros (€50) must be paid through the online system of the Lands Authority website by using your preferred banking card. Malta freeze on golden passport businessman for $59 million MATTHEW VELLA A South African fund is re- questing US courts to green-light a discovery of evidence from banks, to use in legal proceedings in Malta, Italy and Bermuda on a $59 million arbitration award against Ghanaian businessman John Kodwo Taylor. Taylor, a Ghanian national, be- came a Maltese citizen in 2017 and is the sole shareholder and director of Maltese company Kodwo & Sons. Vantage Mezzanine Fund II Partnership, an investment fund that provides finance to "high- risk businesses", wants evidence from various American banks, for use in at least three foreign court proceedings. Vantage wants to recover suffi- cient assets to satisfy an arbitra- tion award of $59 million entered by the London Court of Interna- tional Arbitration in December 2022. The award concerned a person- al guarantee that Taylor provid- ed for loans issued by Vantage and a German entity called DEG Deutsche Investitions, to Sur- fline Communications, a Ghana- ian company that develops high-speed internet networks in Ghana, of which Taylor is execu- tive chairperson. Vantage has since obtained a garnishee order on Taylor's Malta bank accounts, and a pre- cautionary warrant of seizure on his company shares. Taylor has however not yet been served in Malta, believed to use the island only for his company to act as an investment vehicle. Vantage said it would seek the uncommon course of action to force a judi- cial sale of the Kodwo company shares. But to value the shares, it is necessary to locate assets such as Kodwo bank accounts and its wire transfers. Vantage said the respondent banks in the freeze requested on Taylor's accounts were also like- ly though unknowingly, involved in wire transfers to or from Tay- lor's accounts in Malta, Italy, and Bermuda, and his companies in BVI and Florida. Taylor is billed as a serial entrepreneur with in- terests in oil and gas, finance, property and telecoms, starting in 1999 with oil trading company Cirrus Energy Services. His tech company Surfline was Ghana's first 4G LTE network providing wireless broadband services to the public.