Judgment of US$4.2m
granted to govt against Surendra
January 23, 2015 · By Stabroek
The government today secured judgment of US$4.2m in the commercial court against Indian contractor Surendra after it failed to enter an appearance over the controversial Specialty Hospital contract.
It is unclear how this judgment will be enforced as Surendra no longer has a presence here.
A statement from Attorney General Anil Nandlall today said:
“The matter was set to be heard on 21st January, 2015, in the Commercial Court. However, when the matter was called no one appeared for or on behalf of the Defendant company. The matter was called again on 23rd January, 2015, and once again no one appeared for or on behalf of the company.
“Judgment was granted in favour of the Government of Guyana in terms of the special damages of US$4,285,440 (four million, two hundred and eighty five thousand, four hundred and forty United States dollars), which amounts to G$899,942,440 (eight hundred and ninety nine million, nine hundred and forty two thousand, four hundred and forty Guyana dollars) and interest thereon; costs of US$10,714.50 (ten thousand, seven hundred and fourteen United States dollars, and fifty cents), which amounts to G$2,250,043 (two million, two hundred and fifty thousand and forty three Guyana dollars.”
Ramotar say he secures
a line of Credit for
US $50 Million from India.
Could the PPP use Aap-pan-Jaat Business
and pass this Judgement to India
in Exchange For a US $4.2 Million Credit
on the US $50 Million Loan...
Lets hear from dem bright PPP Chaat-3