Building contractor Al Barrack will have to wait at least another week to know when he will get the more than $70 million court-ordered debt owned to him by Government.
Barrack and his lawyer, Queen’s Counsel Maurice King returned to court today before Madame Justice Margaret Reifer with the expectation his long drawn out matter would be settled.
However, the case was adjourned until next Monday, according to King.
When asked if there had been any settlement, the veteran attorney replied: “Not yet.”
Since 2006, Government was ordered to pay Barrack what was then $34 million for his part in completing the Warrens Officer Complex. Barrack had also been threatening to take over the building and sell it to recoup his money, but had not followed through.
Now he is saying again: “I think I am going to take the building. That’s how I am going about it now.”
Two years ago, Minister of Finance Chris Sinckler promised that the legal battle with Barrack would end “very shortly”. However, it is currently costing taxpayers in excess of $7,000 more in interest every day the debt remains unpaid.