Two Essequibo rice millers have moved to the High Court in order to secure the payment of millions of dollars owed to them by the Guyana Rice Development Board (GRDB) for the supply of rice to the Panamanian market in 2018.
Nazeemul Hakh and Shareeda Hakh, of Golden Fleece Rice Investment, have sought to have the court appoint an arbitrator to preside over their dispute with the GRDB for the payment of a total of US$308,620.03, equivalent to GYD$63,807,036, which they say has been owed for nearly four years.
By way of a fixed date application, filed by their attorney K.A. Juman-Yassin SC, the millers have asked the court for an order for direction as to whether an arbitrator should be appointed, an order appointing an arbitrator to preside over the dispute, or alternatively judgment in the sum owed to them.
