The Bank of Guyana (BoG) has written the Guyana Sugar Corporation calling on it to pass on $420m in contributions from workers that are intended for their STEPS pension scheme.
Stabroek News understands that the letter by the BoG was sent to the corporation on August 15, 2023. It said that the non-remittance of the amount to the Sugar & Trading Enterprises Pension Scheme was a breach of trust and called for immediate payment.