The Guyana Bar Association (GBA) and the Guyana Association of Women lawyers (GAWL) are both cautioning the government against any consideration of a recent call by local manufacturers to re-examine a recently brokered $1.2 billion settlement with Surinamese company RUDISA International.
The Guyana Manufacturing & Services Association (GMSA) last week appealed to government to re-examine the settlement and argued in a statement that RUDISA may owe the country much more in taxes based on admissions that were made before the Caribbean Court of Justice (CCJ).
The settlement was reached on the CCJ’s award of US$7.72M in damages to the company over the imposition of a discriminatory environmental tax imposed by Guyana under the previous administration. The beverage company agreed to accept US$1.5M less after its principals met with President David Granger and State Minister Joseph Harmon.
In a joint statement, signed by GBA President Christopher Ram and GAWL President Sadie Amin,