Dear Editor,
I HAVE taken note of the comments reportedly made by Mr Ramesh Dookhoo in connection with what he perceives to be a need for better anti-corruption legislation.
I found Mr Dookhoo’s comments particularly interesting and ironic, given his long-standing role as an executive of Banks DIH Ltd, one of Guyana’s largest publicly owned companies, and given the fact that he is himself a former head of internal audit in that company.
Given his concerns about corruption and anti-corruption legislation, and his experience in the private sector and in Banks DIH in particular, I would be very interested in knowing Mr. Dookhoo’s perspectives on internal corporate corruption and corporate procurement practices that might be designed to defraud public companies and their shareholders.

Specifically, I would be very interested in hearing Mr Dookhoo’s views on a public company procuring goods and services from overseas companies that were especially established for this purpose by senior executives of the procuring company and their relatives.
Oftentimes, these purchases are made at vastly inflated prices, resulting in a blatant fraud being committed on the shareholders of the procuring company, with the aim of enriching the executives who would have established the companies making the supplies from overseas.
Given Mr Dookhoo’s vast experience in the private sector and at Banks DIH, it would be useful to know what his views are on this practice, and what remedy and punishment he believes should be inflicted on the perpetrators of such blatant instances of corporate procurement fraud.
Yours sincerely,
Concerned Banks DIH shareholder