By Jomo Paul
[www.inewsguyana.com] – With the ongoing stalemate between the Government and the Berbice Bridge Company Inc (BBCI), relating to the reduction of the tolls, President David Granger has expressed concern about the Directors of the company.
During an interview with iNews on Tuesday September 01 following the opening of Indigenous Heritage Month, the President noted that from all indications, the present directorship of the company is flawed.
Mr Granger contended that an undue amount of influence over the Board seems to lie in the hands of a few of the members which should not be the case.
“We feel that the actual directorship is badly flawed because it doesn’t represent the interest of some of the persons who put money into it…two or three Directors seem to have overwhelming power in that cooperation,” said President Granger.
The current contractual arrangements allow for two entities – The New GPC and Hand In Hand Trust Corporation – to control 50 percent of company. New GPC alone has two Directors on the Board namely, Ravi Ramcharitar and Avalon Jagnandan.
Other directors include, People’s Progressive Party Parliamentarian Gillian Burton Persaud, Egbert Carter, Paul Cheong, Cecil Kennard, and Maurice Solomon.
However despite the odds, Granger says that government will not falter in its quest to implement cheaper fares.
“We have a commitment to the people and we feel that the rate is oppressive and we understand their needs so that’s what we are working towards,” the President emphasized.