Keith Russell

Keith Russell

Land Developer and Chief Executive Officer at AMATERRA INC

Location:
3141 N. Needham Place, Tucson, Arizona, United States
Company:
AMATERRA INC

General Information

Affiliations

Member  - Parliament

Recent News  

Contact: Mr. Keith Russell, AMATERRA Ltd.
Tel: (876) 610-5570, Fax: (876)610-5574

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Keith Russell, land developer and CEO of Amaterra Jamaica Limited. - File
Keith Russell, a principal in Amaterra Jamaica Limited, has asked the Office of the Contractor General (OCG) to weigh in on the process being used to select casino investors following another rejected effort last November to put his project back in contention. Amaterra's bid for a casino resort order was first rejected more than a year ago for not complying fully with the required bid fees. The contractor general has been asked to determine whether Amaterra was justifiably disqualified in its application for the so-called Approved Integrated Resort Development order (AIRD), which is a prequalifier for an eventual application for a casino licence, only three of which are provided for under law. Russell and the company he represents also want the OCG to determine whether the minister of finance "misled the company into believing that he had the power to set conditions for the fulfilment of the application". Russell himself responded to the minister on December 23, charging that the non-responsive designation given to his company's bid was contradictory to the treatment afforded Celebration Jamaica and charged that Phillips had misled his company back in March 2014 when he acknowledged receiving the bid fee and advised that a meeting with the AIRD project coordinator, Apec Consultants, would be forthcoming. By letter dated January 29, 2015 under the signature of senior director Maurice Barrett, the OCG advised Russell that his complaint would be reviewed and the results conveyed to him.

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Keith Russell, land developer and CEO of Amaterra Jamaica Limited.-File
Keith Russell, chief executive officer of Amaterra Jamaica Limited, said the Trelawny-based company is now in full compliance with Ministry of Finance tender requirements, having paid the outstanding US$127,500 balance on the application fee for its casino resort bid. But Russell also said Friday that Amaterra had instructed its bank to hold payment on the cheque - a hold that would be lifted when the ministry facilitates a meeting requested by shareholders. "We have heard from the ministry and we have complied with their request," Russell told Sunday Business on Friday. In previous interviews, Russell said that the final application was made under duress as its attempts to get information from the ministry for full preparation of the bid had been frustrated. Amaterra has said previously that it needs clarification on IRD regulations for its financial backers to assess costs. Russell's partner in the venture is American Charles 'Chip' Murphy III, who is also chief financial officer of Amaterra.

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