Watching this Dr*x H*ll thing with interest. I understand the anger but if the Govt had sought to acquire it without paying fair compensation, that could have been the basis of an investment claim under the Barbados-UK BIT, I reckon.
4
2
15
2K
4
@LicyLaw My opinion on the matter is if the owner isn't willing to donate the property under the guise of "reparations" ( albeit a small token). The Govt should leave it alone and keep collecting land tax ( I assume it's being paid) from the property.
@LicyLaw They should institute a special transfer/stamp duty tax for such properties such as 90% of value. Like Global North countries Global South countries need to start using their tax system more effectively in their policy, such as reparations.