Company’s rice now on Haiti, Dominica market
Chief Executive Officer (CEO) of the local rice ‘giant’, Nand Persaud & Company, Mohindra Persaud, has told the Stabroek Business that the company is still to receive payments from Cuba for rice supplied to the Caribbean island, some of it in excess of five years ago and that the company may well have to give up on the likelihood of ever receiving those payments. Speaking with the Stabroek Business newspaper earlier this week, Persaud said that the company’s own efforts, those of the Government of Guyana and those that specifically involved the country’s President, Irfaan Ali, had all failed to unlock the Havana’s coffers.
The rice magnate hinted to the Stabroek Business that the company may well have to forego the payment altogether since there had been no movement on the matter over the years that it has existed.