Court orders GRDB to pay two companies over rice supplied to Panama

Together with interest, the Guyana Rice Development Board (GRDB) has been ordered to pay Vilvoorden Investment Inc., for the US$77,000 worth of rice it had supplied for exportation to Panama for which it was never paid.

Costs in the sum of one million dollars was also imposed against the rice board, in favour of the rice milling company.

In a separate case brought by Nazeemul Hakh—trading as Golden Fleece Rice Investment—the GRDB has also been ordered to pay that rice milling company US$308,620; along with interest also, for supplying rice it has never been paid for.

It also has to pay a million dollars in court costs to Hakh.