A US$30 million plymill purchased by the now defunct Case Timbers Limited (CTL) in the mid-1990s was sold last August to Barama for US$180,000 to be used primarily for spare parts, CTL’s former managing director Hamley Case has disclosed as he highlighted again the hurdles the company faced from government that eventually killed the investment.
In a letter in yesterday’s Stabroek News, Case again outlined the runaround he faced which ultimately resulted in the value-added project never getting off the ground. Case, in his letter, referred to one from Prime Minister Samuel Hinds headlined ‘There is no fire sale or looting of Guyana’s national resources’ in which Hinds agreed
