Latest update April 7th, 2025 6:08 AM
Jan 19, 2016 Letters
Dear Editor,
I begin with a question -If there is no FDI document for Bai Shan Lin, how could there be fiscal concessions for more than ten years? Minister with some responsibility for the Natural Resources Sector, Raphael Trotman, and Minister of Finance, Winston Jordan, allegedly said that they could not find the documents covering the foreign direct incentive (FDI) tax concessions awarded by the PPP/C regime a decade ago to the Chinese transnational logger Bai Shan Lin (‘Concessions granted under PPP must be renegotiated – Govt. Official’, Kaieteur News 18 January 2016). The Ministry of Finance has been awarding tax concessions to BSL annually during this decade, and publishing the amounts from time to time in the Guyana Chronicle. So some person or unit in the Ministry of Finance must be aware of the legal authority for such dispensation. If the currently chaotic Special Organized Crime Unit (SOCU) and Financial Investigation Unit (FIU) are unable to deal with this simple case, no doubt our Attorney General, Basil Williams, has reminded the Cabinet that the National Assembly itself can take action?
‘Where it appears to a legislative body that anyone within Guyana is able to give any information with respect to the subject matter of any question arising for its determination or has any books, plans, or documents in his possession or under his control in any way relating to the subject matter of that question, that body may cause a summons to be issued to the person . . . requiring the person to be and appear before the legislative body . . . for the purpose of being examined (and, if so required, then and there to produce the books, plans, or documents mentioned in the summons . . .’ (section 3 (1) in the Legislative Bodies (Evidence) Act (cap. 1:08, 1880/1977)). This Act goes on to prescribe penalties for failing to appear when summoned and for failing to produce the documents.
Thus the National Assembly can compel evidence from the Ministries, Bai Shan Lin itself and from the innermost recesses of the PPP/C. We look forward to immediate action by the National Assembly, given that Bai Shan Lin has been receiving more than US$ 40 million income from its sales of unprocessed timber logs, entirely contrary to approved national policies and the manifestos of the main political parties since 2006, plus those investment incentives, but has failed to construct even the foundations for its long promised US$70 million wood processing facility. And don’t forget the sales of steel imported duty free by BSL and then sold on to the private sector instead of being used for construction of the BSL wood processing facility (https://www.kaieteurnewsonline.com/2016/01/17/baishanlin-ventures-into-hardware-supplies/) – a blatant illegality.
Janette Bulkan
Apr 07, 2025
-PC, West Ruimveldt and Three Mile added to the cast Kaieteur News- Action returned to the Ministry of Education (MoE) ground in Georgetown as the Milo/Massy Under-18 Football Championship determined...Peeping Tom… Kaieteur News- The Vice President of Guyana, ever the sagacious observer of the inevitable, has reassured... more
By Sir Ronald Sanders Kaieteur News- Recent media stories have suggested that King Charles III could “invite” the United... more
Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]