Ramps, Exxon facing complaint that US$4.4m equipment declared as worth US$12.1b

Ramps Logistics Guyana (RLG) has once again found itself before the courts on allegations of making a false declaration to the Guyana Revenue Authority (GRA) which claims that it inflated by billions, the price of a quantity of oil-well equipment imported on behalf of ExxonMobil Guyana.

Exxon is also facing the same charge.

According to reports, the revenue authority said that an investigation it conducted uncovered that in November of last year, Ramps Logistics allegedly inflated the invoice value for a consignment of goods on behalf of ExxonMobil.