Chartered Accountant Christopher Ram on Friday said the figure that he has been sued for by the city council mostly represents interest charges which should not have been applied based on an agreement which had been reached with the Town Clerk in 2001.
Further, Ram said that up to the time of writing he had not received a summons in this matter though it was extensively publicized.
Ram has three matters against him for a total of around $11.4m and the matter is set for court on October 24.
In his statement on Friday in response to a news item on the matter in that day’s edition of Stabroek News,
