Jagdeo, Luncheon and former Natural Resources Minister Robert Persaud were arrested, questioned and released from custody. They were not required to post bail.
“This act will long be remembered as a grave injustice,” said Opposition Leader Bharrat Jagdeo.
A number of members of the former government, including former President Bharrat Jagdeo, have sprawling properties in the area that was developed exclusively for them.
A few other persons who were also offered land in the area and took the offer up, are also to be questioned by SOCU.
A forensic audit into the land deal, found that the recipients underpaid for the sea side lands by more than $250 million. Additionally, millions more in state resources were used to develop the land for private use.
Persons who acquired housing plots in the area include former President Bharrat Jagdeo, former Ministers Priya Manickhand, Clement Rohee, Robert Persaud, Dr. Nanda Gopaul, Shaik Baksh and Jennifer Westford.