GNIC replies to NICIL in lease debt case

The Guyana National Industrial Company Inc (GNIC) on Wednesday filed a reply in the case brought against it by government holding company, the National Industrial and Commercial Investment Limited (NICIL), to recover money which it says it is owed for leased land.

The matter was heard in the chambers of Justice Rishi Persaud in the Commercial Court of the High Court in Georgetown.

Arguments on the affidavits filed in the matter are set to commence on May 2.

The matter was previously on course for