Welp, looks like Piyush Jindal is running phony baloney appraisal scams in Red Stick….

Emails reviewed by The Advocate show the Jindal administration told legislative staff last year that an unfavorable appraisal on state-owned land near the State Capitol was unavailable because it had been “discarded.”

State Sen. Gerald Long’s staff asked for the appraisal while preparing for a public hearing on Gov. Bobby Jindal’s bid to sell 17 lots bounded by North Fifth Street, State Capitol Drive, North Sixth Street and Lakeland Drive.

Jindal initially hoped to generate $5 million by selling the property that once was home to Huey P. Long’s alleged assassin and now holds a parking garage.

An appraisal dated Jan. 17, 2012, by Sharon D. Pruitt valued the property at $4.9 million. The appraisal was unusable by the summer because state law requires an appraisal to be obtained within six months before the sale of state-owned land. A subsequent appraisal, by Cook, Moore and Associates, valued the property at $2.8 million.

Continue reading Emails detail conflicting appraisals by Michelle Millhollon.

4 thoughts on “Welp, looks like Piyush Jindal is running phony baloney appraisal scams in Red Stick….”

  1. Besides the fact that the low-ball appraisal used suspect methodology, as one familiar with the area over four decades, the notion that you can purchase the property so close to the Capitol at such a figure is amusing.

  2. Empire- I take it you are referring to the valuation on the higher appraisal?
    So what is the reason for the wide discrepancy in the two appraisals?” Is one of these appraisers incompetent or corrupt and involved in a conspiracy to defraud the state? Was the Jindal administration attempting to sell this parcel of state land without putting it out for bid and willing to use the buyer’s appraisal to set the value of the property? Where is Louisiana Attorney General Buddy Caldwell comment on this? Why hasn’t the United States Attorney for the Western District (LAWD) investigated this? Why all the BLINDERS?

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