GuySuCo managers want to cut ties with SPU

-urge eviction of unit from LBI compound

Colvin Heath-London

Senior managers have asked GuySuCo’s Chief Executive Officer Dr Harold Davis Jr to move to suspend the company’s relations with the Special Purpose Unit (SPU) set up by government to divest its assets, citing a turbulent relationship that they say has undermined its business over the last year and a half.

So toxic is the engagement between the two entities that the managers have also recommended that the SPU be evicted from GuySuCo’s LBI Compound, unless it agrees to comply with the policies under which the sugar company operates.

“This situation has reached a highly unacceptable stage and therefore requires immediate intervention from all relevant authorities,” an extract of the letter, dated December 4th, 2018, which was seen by this newspaper, states…..

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