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GBTI Directors face contempt charge for failing to hand over information to SOCU

Directors of GBTI including Suresh Beharry and Robin Stoby leave the office of the Special Organised Crime Unit.

The directors of the Guyana Bank for Trade and Industry (GBTI) are expected in court next Thursday to face alleged contempt for failing to comply with a production order by the High Court.

However, one of the Attorneys-at-Law, Nigel Hughes told Demerara Waves Online News that his clients are innocent and the authorities would have to establish  that there is a valid charge.

Sources said all of the bank’s eight directors  and its Chief Executive Officer, Kathryn Eytle-Mc Lean are due to appear in court on Monday.

Those who were questioned Thursday by agents of the Special Organised Crime Unit (SOCU) of the Guyana Police Force  include  GBTI Directors, Suresh Beharry and prominent Attorney-at-Law, Robin Stoby.

SOCU wants GBTI to hand over information about the accounts of several persons, but more than one week has long passed.

GBTI Directors in brief conversation outside SOCU after meeting with investigators.

Investigators are interested in information concerning the alleged movement of large amounts of cash through a Guyana Rice Development Board (GRDB) account held at that bank, as part of their probe into financial crimes. SOCU wants to know to whom large payments were made.

The investigation was triggered by the findings of a forensic audit of the GRDB, a para-statal agency that comes under the umbrella of the Ministry of Agriculture.

Already, several GRDB Directors are before the court on a separate matter about allegedly omitting information from the general ledger for amounts totalling GYD$362 million.

A Lower Court is in the coming days expected to make a decision or call on the several defendants who include two opposition People’s Progressive Party Civic lawmakers to lead a defence.

 

  • Your Brown Sugar

    Let’s see how much support will be thrown behind SOCU.

  • itmickey

    They rite…who is SOCU? PPl in this country give up their rights too quickly…Is this a legal entity…they have a court order?Schuuuuuuuuuuuppppppppssssssssssssss

  • powerplayer

    This is a test of our justice system. All hands on deck. Focus.

    The Guyana court has issued a directive that was blatantly disobeyed

    The Guyana court has said these Guyana elite are in contempt

    What a win win The people and the court of Guyana would have in the area of respect when these elite members of our society are placed in hand cuffs and marched to jail.

    We have $500 million US dollars that we need to know where it went to. Thats half a billion USD. Way over $100 billion Guyana and a Group of folk decide they above the law

    How does my brothers feel in Jail for stealing $100k Guyana And the country gets scared when they escape

    I remember a woman stealing a book from Austins book store and being sent to jail

    Is the jail only for the poor and disenfranchised

    This same bank freezes accounts for lack of proof of address. A person cannot access their funds that are below $50.000 dollars

    we just talked about coming out of the dark and going into light

    Could we show these folks the light

    The court must be respected in Guyana if we are going to make progress

    Nige Bai me could be wrong but mek sure you collect as you go along

    Me have me suspicion pon dis one Going South slowly Me think de man gat e teeth an nail pon dis one

    Tek dis under advisement

  • Lancelot Brassington

    I can’t understand why Stoby is going overboard to hide possible corruption. Why raise ludicrous technicalities in the face of court orders? Where is the practical benefit? Can’t it damage the bank’s good name? Either Stoby is looking for thrills late in life or somebody has secrets for him (or his).

    • rs dasai

      Lance
      There are reasons which he knows of.

  • rs dasai

    Did the court issue and order to ‘fish’ and not ‘catch’?