Times of Suriname

Businessma­n’s multi- million-dollar estate dispute

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Given her dissatisfa­ction over the recent developmen­t in a legal battle for her father’s property, New York-based Guyanese, Sherene Mongroo, is now taking steps to file an action of appeal.

Mongroo is the daughter of the late businessma­n, Yusuf Mongroo, proprietor of Horseshoe Racing Service located at Commerce and Longden Streets, Georgetown. In 2010, Mongroo, of New York was granted permission by the court to intervene in the matter between Sasedai Kumari Persaud a paid employee holding a supervisor­y position at the Horseshoe Racing Service, and Indranie Mulchand who worked as a maid and who later claimed to be the man’s reputed wife. According to the facts of the case, Sasedai Kumari Persaud, in the contested will and testament, assumed sole ownership, management and control of the Horseshoe Racing Service and the net proceeds of the business apportione­d to net to the extent of 55 per cent while the remaining 45 per cent of the net proceeds be appointed to Indranie Mulchand for their sole use and benefit. Mongroo had filed initial court proceeding­s after claims by the employees of the Horseshoe Racing Service to control the assets of her dead father. She said that the claim was indeed fraudulent. She has been suspicious of the fact that her father allegedly bequeathed his multi-milliondol­lar enterprise to one of his employees and his maid. Some six years after the fact, the Court ruled in favour of the two defendants Persaud and Mulchand. Earlier this month, Justice Roxanne George ruled that the will presented to the court be probated in solemn form. The judge also ordered that the Plaintiff, Mongroo pay the two defendants, court costs. The two were awarded a total of $175,000 in court cost. Sherene Mongroo is now here fighting to recover her father’s properties. But the Plaintiff is dissatisfi­ed with the ruling. She noted that it has been two years since the matter ended. “I was not even informed about the ruling,” she said. According to the history of the case, the Horseshoe Racing Service located at Commerce and Longden Streets, Georgetown was owned by 83 year-old Yusuf Mongroo, who also operated similar services in Barbados.

(Kaieteurne­ws.com)

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