Further to the write-up in this column on 10.09.14 on physical assault on Wilson Coelho in Calangute at Hotel Goan Heritage, it is nothing but a disgrace for the Directors to behave like animals. Coelho is the real animal for acting like a bull. He wants to dominate the board but the new directors are not yielding an inch and for this reason he resorted to the fight, as I was told.
Regarding Dhargal property, as per my information, it was purchased under the pushing of Coelho for a very heavy price and a part of it was pocketed by Coelho and Chairman? This is a true habit of Coelho since he was working in Kuwait where he was nicknamed as "Commission Coelho' because of his greed to get commission for any transaction he does.
Dhargal property purchase was a waste of over 50 Lakhs because it falls into the category of “Orchard” land, this means it cannot be developed. I CANNOT understand how the other members of the Board approved this deal. Are they too not partners in crime? Share holders must hold the entire board responsible for this wrong move.
Moreover, it is wrong and dangerous to make Alex Wilson Coelho the Vice Chairman of the Board when he is such a corrupt man.
In view of this, the question comes now is, why it was purchased without doing proper home work? Who is responsible for this waste of money? Surely Wilson Coelho and his partner in crime the Chairman Justin. Both these persons must be sacked from the board before they do more financial damage to the Hotel Company.
ONE CONCERNED SHARE HOLDER.