Former Chief Executive Officer of the Guyana Water Inc (GWI) Shaik Baksh says he had agreed to repay the cost of a vehicle that was written off following an accident when it was being driven by his son and should complete payments this month.
“The board requested that I repay the assessed valuation of the vehicle in the sum of four and a half million dollars. I agreed and repayment commenced in July 2015 and will end in June 2016,” he said in a letter published in Wednesday’s Stabroek News. Baksh was at the time responding to an audit report on GWI in which the issue was highlighted.
The auditor had pointed out that the vehicle was involved in an accident on the 3rd May, 2015. At the time of the accident, Baksh was out of the country and the vehicle was driven by his son who was not authorised to drive the vehicle. “After the accident, the