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Posted by: dfr3xcda16 (IP Logged)
Date: April 12, 2017 02:06AM

As the saga continues with the Mahaicony Rice Mills, farmers who have not been paid by the company are being asked to contact the regulatory body — the Guyana Rice Development Board (GRDB) ? at the offices within their area by July 10.The GRDB and Mahaicony Rice Mills are embroiled in an ongoing court matter following the suspension of the company?s milling and export licenses.In a notice released yesterday, the GRDB urged farmers who have not been paid by the milling company to submit the relevant documents which will serve as proof of their non-payment.The GRDB suspended the licenses of the company due to continued instances when farmers were being issued with ?bounced cheques.?Under the amended Factories Act, rice millers are not allowed to owe farmers more than five percent of the value of paddy taken during the last crop.Farmers were complaining that they were paid with cheques but some of them were not accepted by the bank,[url=http://www.cheapnfljerseysmr.us@#$%&/]Jerseys NFL Wholesale China[/url], because there was no money in the account of Mahaicony Rice Mills.Officials of the Mahaicony Rice Mills had claimed that they were unable to pay because, among other things,[url=http://www.cheapnfljerseysmr.us@#$%&/]NFL Jerseys Outlet[/url], they are owed $30 million in tax refunds.But the Ministry of Agriculture warned the group that it could face prosecution if it did not pay the farmers.When the milling company was suspended, the group wrote Agriculture Minister Robert Persaud claiming that the Guyana Revenue Authority owes $30 million in refund for remittances of the Value Added Tax.The company has noted that the non-payment of this money is severely affecting its cash flow,[url=http://www.cheapjerseysfactorywholesale@#$%&/]Jerseys NFL Wholesale[/url], and does not allow it to meet its financial obligations.As such, Mahaicony Rice Mills asked the minister to use his office to assist the company to receive the payments from GRA,[url=http://www.cheapnfljerseysmr.us@#$%&/]Jerseys NFL Wholesale China Online[/url], so that farmers can be paid.However, the ministry did not accept the explanation proffered by the group, and replied advising that the matter has been referred to the Ministry of Finance for action.In fact, in the letter, Persaud emphasized that issuing ?bounced? cheques is a criminal offence which could be prosecuted by the Guyana Police Force.?The minister had demanded that the company immediately send him a schedule of payments made to the rice farmers, stating clearly when payments will be made and the amounts to be paid. Mahaicony Rice Mills had filed an injunction in the High Court challenging the suspension.According to the affidavit in support of the motion, Mahaicony Rice Mills has four mills across Guyana: at Mahaicony; Johanna South, Black Bush Polder; Blairmont,[url=http://www.cheapjerseysnear.us@#$%&/]cheap nfl jerseys online[/url], Berbice; and Vilvoorden,[url=http://www.nhl2017.us@#$%&/Detroit-Red-Wings-Chris-Chelios-Jersey/]Chris Chelios Red Wings Jersey[/url], Essequibo.Mahaicony Rice Mills claims it is the largest manufacturing and purchasing entity in the country, and on average purchases 40 per cent of the paddy produced in Guyana.Mahaicony Rice Mills had argued that its farmers issued with cheques understood that payments will be made within three months.The milling company claimed that it was not given an opportunity to be heard before the decision was taken to suspend its licenses, a requirement that is spelt out in the law.Mahaicony Rice Mills claimed that it will suffer financial ruination,[url=http://www.cheapjerseysnear.us@#$%&/]cheap jerseys nfl wholesale[/url], since it has to meet large export commitments.

Therefore
Posted by: eBYw6lUws (IP Logged)
Date: April 13, 2017 07:20PM

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