Leader of the Opposition Bharrat Jagdeo has strongly condemned the “scandalous ‘out of court settlement’” between Demerara Distillers Limited (DDL) and Guyana Revenue Authority (GRA) regarding DDL’s tax liabilities, in which “the state lost billions of dollars in revenue.”
In a statement issued yesterday, Jagdeo said, “The settlement sends the wrong message to the business community; that a company can unilaterally decide to stop paying taxes, while other companies comply with the law, take the matter to court and drag it out until a sympathetic government comes to power and settles its debts to the State.”
Noting that the settlement was made public by DDL and not the GRA, he said it has opened the door for other companies
