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Hylton out of hot water, settles multimillion-dollar debt

Published:Thursday | July 25, 2013 | 7:41 PM

Jovan Johnson, Gleaner Writer



Businessman Metry Seaga has confirmed that the government minister who owed him millions for a four-bedroom house in Norbrook, St Andrew has paid over the money.




The matter came to public attention last month, after Seaga filed a lawsuit against Investment, Industry and Commerce Minister Anthony Hylton for approximately $12 million in relation to an outstanding vendor's mortgage.



SEE: Hylton in hot water - Businessman sues minister to recover US$120,000



Seaga told The Gleaner/Power 106 News Centre this afternoon that the matter was settled last week.



He says his attorney Gordon Robinson has withdrawn the court action.



Seaga had explained that he was forced to initiate the legal action as a last resort because he had been trying for years to amicably recover the funds owed to him by Hylton.



The cabinet minister had explained that it was his intention to pay and he was banking on doing so by selling a property he owned.



However, he said he was not able to dispose of the property and this grossly handicapped his ability to honour his obligation to Seaga.



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