Chairman of the Hotel Corporation of The Bahamas Michael Scott said yesterday that the corporation is determined to keep government-owned properties out of the hands of “grifters” and those without the means to successfully develop the projects they put forward.

Scott, who was a speaker at the Andros Business Outlook, said the corporation has no interest in seeing properties that it sells to investors flipped for a profit, but for investors who take on these properties from the hotel corporation to produce meaningful developments that benefit the islands they are on and the surrounding communities.

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