THE land scandal involving a company that calls itself the National Housing Empowerment Fund (NHEF) makes very sad reading. Purchasing land is one of the wisest investments that one can make because it is an appreciating asset with low risks involved. Land appreciates because it is limited in supply; consequently, as the population increases, so does the demand, driving its price up over time. Those who try to invest in land have to be applauded. But it is unfortunate that some unscrupulous people are taking advantage of this demand and making efforts to defraud people of their hard-earned money. This Riverdale Housing project which has turned out to be fraudulent is huge and when it fully unfolds, a lot of…...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe