Where is the fraud?

Dear Editor,

 

The article captioned ‘Massive fraud taking place with Bai Shan Lin’s logs export’ in the Sunday, June 21, edition of Kaieteur News refers.

In Guyana it costs US$220 to move a cubic metre 200 miles. In China, it costs US$760 to move from the forest to about 11,000 miles (?).

So 760 – 220 = US$540 to move 9,000 miles (?). This is 540 ÷ 9000 = US 6 cents per cubic metre per mile. Guyana gets 220 ÷ 200 = US$1.10 per cubic metre per mile.

Where is the fraud of US$84 to US$440 million taking place? Who is robbing whom?

There are strong allegations of corruption, but do not mislead the public. I may be ignorant, however, I am not stupid.

Yours faithfully,

(Name and address provided)