PRINCIPAL Magistrate, Sherdel Isaacs-Marcus, on Monday, released Atlantic Fuels Inc. Director, Eugene Gilbert, on $300,000 bail for an offence which alleged that the fuel company made a false customs declaration in November 2020.
Gilbert, 67, denied the charge which alleged that Atlantic Fuels Inc., on November 12, 2020, at Camp Street, Georgetown, caused to be made and subscribed a false declaration to the Guyana Revenue Authority (GRA), to wit, invoice number 100 for Customs Declaration reference number GY 410 C, contrary to Section 217 (1) (a) of the Customs Act, Chapter 82:01.
The Guyana Chronicle understands that the invoice amounted to over US$200,000, which is equivalent to GYD 40,000,000. The magistrate released Gilbert on $300,000 bail and adjourned the case until February 21, 2021; he was represented by attorney Siand Dhurjon.
In December 2020, Magistrate Isaacs-Marcus issued a summons for the fuel company and a representative to appear to answer to the charge at the Georgetown Magistrates’ Court. The complainant in the case, which was filed on December 15, 2020, is Commissioner-General of the GRA, Godfrey Statia.
Atlantic Fuels was granted a licence in November 2015 by the Guyana Energy Agency (GEA), months after the coalition government took office.
Two of its directors are former Chief Executive Officer of the Guyana Water Incorporated (GWI), Dr Richard Van West-Charles and the water company’s former Debt Recovery Manager, Lear Goring.
