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Eddie Vega Shorted In Land Deal; DPM Says He Didn’t Give Land
posted (November 13, 2014)
And while we had the Deputy Prime Minister before us today we did ask him about two issues that are outside of his ministerial portfolios. The first is the matter of his brother Eddie Vega - the mega-merchant from Benque Viejo. Eddie Vega has filed a police report requesting court action against Chinese Businessman Tommy Tang. Vega says Tang arranged to buy a plot of land from him near the Loma Luz Hospital for 350,000 thousand dollars - but when he went to cash post-dated cheques for the final 75,000 thousand dollars in April 2014, the account had been closed. And Tang, the owner of Three Flags could not be found.

Now, these things do happen in the course of business, but because his name is Vega and he is the Deputy Prime Minister's brother -talk immediately started that Vega, could have been coming up, speculating on a piece of land gifted to him by his brother, the lands minister. We asked Minister Vega about it today:..

Hon. Gaspar Vega, Minister of Lands
"No, I don't know the details. Just that I would like to mention though since you brought it up that he bought that property in 2002 and he acquired it through Atlantic Bank, so the Minister Gaspar Vega did not give him that land."

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