GSL co-owner declines further comment on $3.8b tax bill

Co-owner of Guyana Stores Limited (GSL), Tony Yassin has declined further comment on the $3.8b in taxes owed after a source from the Guyana Revenue Authority (GRA) said payment will have to be made within 30 days of the recent decision by the Caribbean Court of Justice (CCJ).

Stabroek News visited GSL’s headquarters on Water Street on Monday morning for a comment from Yassin about the pronouncement by a source from the GRA that the authority is unlikely to accept anything but full payment.

“Nothing has happened. I have no comment to make on any matter until something happens. We will have to work that out ourselves,” Yassin said, while emphasizing that he did not want to comment on the situation…..


Tearing up Exxon deal would be ‘disastrous’ – Sir Paul Collier

Even as he posited that Guyana was unequally matched in negotiations with ExxonMobil and other multinationals, British Professor of Economics and Public Policy, Sir Paul Collier last evening cautioned against pulling back the contract with the US company and affiliates, saying it can spell doom for Guyana’s investment climate.

Grinding restarts at Enmore sugar factory

-SPU representative says efficiency improved by 40-45% Photos by Dhanash Ramroop Grinding has resumed at the Enmore Sugar Estate factory in a bid to make use of cane in the fields and to attract prospective investors.

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Fly Jamaica crewmember busted in NY with cocaine taped to legs

Fly Jamaica Airways crewmember Hugh Hall was caught with US$160,000 worth of cocaine taped to his legs after a flight, according to NBC news in New York.

Post office fails to deliver Cheddi Jagan centennial stamps

The Cheddi Jagan Research Centre (CJRC) has accused the government of deliberately frustrating its work, after the Guyana Post Office Corporation (GPOC) failed to deliver on time an order of commemorative stamps to honour the 100th birth anniversary of the late President, Dr Cheddi Jagan.

Timelines set for preliminaries leading up to trial over Red House

A case management conference was yesterday morning held to set timelines for preliminary hearings ahead of the trial commencing in the challenge mounted by the Cheddi Jagan Research Committee Inc.


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