The Guyana Revenue Authority (GRA) on Thursday stated that its Commissioner General is aware of the terms of the Exxon Mobil oil agreement and will share information with staff whenever that is necessary.
The authority’s statement came in response to an article in the Kaiteur News, which stated that the GRA staff members were totally unaware of the Exxon deal, but are expected to interface with the company when it comes to tax payments.
The GRA today said part of its commitment involves the imposition of rigid systems at the Authority to closely monitor exploration companies that are undertaking exploration and extraction of oil offshore, in keeping with the contractual agreement between the Guyana Government and such oil exploration companies including ExxonMobil.
“The GRA is privy to such contractual arrangements. However in keeping with the law this information is confidential. To maintain its confidentiality and avoid leakages, the Commissioner-General will only share such excerpts of the said agreement with relevant officers in the event that their duties require them being privy to such information in the execution of such duties”, the release said.
The body noted that the position had to be taken to keep knowledge of the contract details under wraps because of the sensitivity and confidentiality of the document and the level of caution that had to be imposed as a result of persistent breaches of the Secrecy Oath at the Authority.