The Chief Executive Office of RAMPS Logistics found himself before the Magistrates’ Court on behalf of his company which was slapped with ten charges of false tax declarations to the Guyana Revenue Authority.
The CEO, Shaun Rampersaud, entered a not guilty plea to each of the 10 charges and was granted bail in the sum of $50,000 on each charge.
Magistrate Leron Daly presided over the matter and was told by the Prosecution that the company had filed ten false tax declarations over the past two years for tax exemptions.
The case was filed by the Guyana Revenue Authority.
The GRA which had indicated that it was investigating the matter for several weeks, filed the charges after information became public that the company was taking the Government to Court for the non-issuance of a local content certificate to operate in the oil and gas sector.
The company was denied the certificate in its first application but has been waiting several weeks for a response to its updated application.
RAMPS is one of the largest logistics company in the oil and gas sector. It has been operating in Guyana for more than a decade, and according to its management, the company is now majority owned by Guyanese.
The RAMPS company has its origins in Trinidad and Tobago and has been favoured by the oil companies for multi-millon US dollar contracts for the provision of goods and services.
The company’s case against the Government over the non-issuance of the certificate is expected to come up again in Court in November before the Chief Justice.
The criminal matter involving the Revenue Authority is also expected to continue at the end of November.
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