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What is GRA doing about insider trading?

Jan 25, 2018 Letters

DEAR EDITOR,
I am the shareholder of a beverage company here. During a light engagement over the last weekend with one of my colleagues (who is also a shareholder at the same company), he expressed to me, his disappointment with the dividends he has been receiving over the years.
My colleague said to me that the beverage company, like many other large entities in Guyana, has many tricks which it uses to manipulate its records in order to avoid paying shareholders what they are really owed. By manipulating their records, they can also avoid paying the requisite taxes to the state and in some cases, end up requesting refunds from the tax authority that they are not entitled to.
Editor, your newspaper has reported on this matter before. I would be grateful if the Guyana Revenue Authority can say what it is doing about insider trading in Guyana.
Respectfully
Concerned Shareholder

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