The twin-engine Beech-craft linked to a Brazilian company that was seized by police on an improvised airstrip on Sunday in the North Rupununi, Region Nine area was in the process of being sold to another company, although neither company has reported the aircraft as being stolen.
Sources had said that the plane, bearing registration number, PR-IMG was linked to Riwa S.A Incor-poracoes, Investimentos e Participacoes, a Brazilian company, on lease from Banco Bradesco. Bradesco, is one of the biggest banking and financial companies in Brazil.
Director General of the Guyana Civil Aviation Authority (GCA) Lt Col (Ret’d) Egbert Field told this newspaper yesterday that while the bank “owns the aircraft, it has been leased to the Riwa company who is now in the process of selling the plane. I don’t think an official transfer was made because of some challenge.” The company is said to be Sinalizacao MT Ltda ME, another Brazilian company.