The Big Smith News Watch

Main Menu

  • Home
  • News
    • Traffic
    • Regional
    • International
  • Politics
  • Government
    • Housing
    • Agriculture
    • Natural Resources
    • Public Infrastructure
  • Business / Travel
  • Sports
  • Letter

logo

  • Home
  • News
    • Traffic
    • Regional
    • International
  • Politics
  • Government
    • Housing
    • Agriculture
    • Natural Resources
    • Public Infrastructure
  • Business / Travel
  • Sports
  • Letter
News
Home›News›Gov’t owes BK $1.3B and sues for $8.4M says Company

Gov’t owes BK $1.3B and sues for $8.4M says Company

By Leroy Smith
17 February 2021
239
0
Share:

BK Group of companies say that the government owes it some $1.3 billion for contracts executed in various sectiors. This indebtedness dates back to 2010 the company said. Among the records produced by the company, it is owed some $21,388,089 for  works on the Supenaam Wharf.

A further $82, 468,100 is owed to it for sea defence works funded by the European Union since September 5, 2012. The Company said that the Ministry of Works is still to pay $26,330,520 for works on the Ogle Airport Expansion project. This money the company said is outstanding since April 12, 2012.

Citing several other projects, the Company said that in September 2013, it completed the Parika/Supenaam roll-on/roll off ferry but  the government is still to pay the outstanding $37,530,784.

The Company listed work on the West Coast Demerara road project which was completed nearly a decade ago. This project was a joint venture with a Jamaican company, SBK. The government is still to pay the valuation of US$4,399,589 or G$879,917,800.

Additionally, the government further owes the company for works on sea defence projects at Mahaicony.  BK International cited the breach at Prospect, Mahaicony that was sealed on January 12, 2021 as it said the government is still to pay $98,797,104 the company. Another breach at Content was completed but the government is still to pay the outstanding $94,501,978 said the company.

On May 11, 2020 BK International completed construction for a building now occupied by the Environment Protection Agency. It is still to be paid $15,432,455 the Company said too.

Attorney General Anil Nandlall, S.C., has moved to court to collect on outstanding arrears in rental for a Water Street, Kingston Georgetown bond facility from BK Marine– a subsidiary of the BK Group of Companies.

In court papers, Nandlall outlined BK Marine’s failure to pay for the rental from August 1, 2009 to January 15, 2021. As a result, he says, the arrears now amount to in excess of $8.4M.
Nandlall has therefore asked the Court, to grant an order that BK Marine deliver up possession of the property, which measures 43,966 square feet within one month’s time. He is also asking for a declaration that BK Marine committed trespass in its continued occupation of the bond space.

Given the huge indebtedness by the government, the company now wants to know if it is on a money grabbing drive. Managing Director of BK International, Brian Tiwarie in a short response to the announced court action said that he has had to fund the government’s indebtedness. He said that workers have to be paid regardless of whether the government pays its debt or not. Tiwarie declined to comment on Nandlall’s actions.

Post Views: 269
Share on Facebook Share
Share on TwitterTweet
Share on Pinterest Share
Share on LinkedIn Share
Share on Digg Share
TagsBK Group of companiesBK InternationalBrian TiwarieEnvironment Protection AgencyEuropean UnionMahaiconyParika/Supenaam
Previous Article

Two remanded for murder of retired priest

Next Article

Pork knocker charged with murder of farmer

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • “There is nothing cynical about this thing”- “Shell” Mohamed on quarry licences  
    Community ReportNews

    “There is nothing cynical about this thing”- “Shell” Mohamed on quarry licences  

    19 June 2021
    By Leroy Smith
  • Crime / Security

    Policeman/ civilian killed in alleged ‘accidental’ shooting

    1 January 2023
    By Leroy Smith
  • News

    Region Five residents get over $3.5M in flood relief

    22 June 2021
    By Leroy Smith
  • News

    Nandlall using court system to engage in political witch hunt- Roysdale Forde

    9 March 2021
    By Leroy Smith
  • News

    Nafeeza Rodrigues receives EU 2021 Human Rights Award

    2 December 2021
    By Leroy Smith
  • News

    Emergency works ordered to assist flood-affected Mahaicony rice farmers

    17 April 2021
    By Leroy Smith

You may interested

  • Crime / SecurityNews

    Two drivers fined for DUIs in separate cases

  • Crime / SecurityNews

    Man admits to raping and assaulting married woman

  • News

    Minister Singh sounds warning on corruption

Connect Us

  • Envato
  • Likes
  • 4.5K+
    Followers
  • Subscribers
  • Followers
  • Subscribe
    RSS Feeds

Latest News

InternationalNewsRegional

Browne secures dominant fourth term as Antigua navigates U.S. visa dispute

May 1 2026   Prime Minister Gaston Browne has secured a decisive fourth consecutive term in office following a landslide victory in Antigua and Barbuda’s snap general election, reinforcing his ...
  • Min Mustapha calls for stronger regional agriculture push

    By Savitri Laikram
    1 May 2026
  • $3B cash support for rice farmers – Pres. Ali

    By Savitri Laikram
    30 April 2026
  • Essequibo dispute escalates ahead of ICJ hearing

    By Savitri Laikram
    30 April 2026
  • Legal storm grows as 7,000 sue J&J in cancer lawsuits

    By Savitri Laikram
    30 April 2026

FeedBurner Widget

Sign up to receive email updates and to hear what's going on with our magazine!

About US

logo

BIG Smith News Watch was established in 2015 and is recognized by the Guyana press Association as a legitimate media outlet in Guyana. Our operation focuses more community, human interest and developmental issues. We also do focus on matters of crime, security, business, politics and current affairs. The entity is headed by Leroy Smith, a practicing journalist with experience in news gathering, reporting and coverage spanning seventeen years. Mr. Smith joined the media 2005 and worked at several media housing before launching BIG Smith News Watch in 2015.

  • +592-705-8780
  • bigsmithnewswatch35@gmail.com
  • Popular Posts

  • Lance Corporal dies days after fight with police sergeant

    By Leroy Smith
    8 May 2019
  • Nonummy suspendisse hendrerit ultrices

    By DesignUTD
    26 August 2015
  • 21 Year Old mechanic busted with cocaine pellets in hotel room

    By Leroy Smith
    27 April 2019
  • Bandit shows up to robbery with ‘one bullet’; shot dead by security guard

    By Leroy Smith
    30 April 2019

Follow us

© Copyright www.bigsmithnewswatch.news. All rights reserved.