Businessman Albert Gubay, 87, passed away yesterday, 5th January 2016 in the UK.
Mr Gubay was well-known on the Island, particularly for the development of the Mount Murray complex, which suffered massive fire damage in 2013.
In a statement received from The Derwent Group, which he founded, they confirmed that he had been ill for some time, but happily his close family were with him at the end.
Condolences are passed to his wife Carmel, his children and grandchildren.
You can view our MTTV Videos with Mr Gubay following the fire here -