Latest update February 16th, 2025 7:49 PM
Oct 03, 2013 News
…Chairman Keith Evelyn refuses to disclose register of shareholders
Winston Brassington is no longer the Company Secretary for the Berbice Bridge Company, a role that has been coming under increased scrutiny in recent weeks.
This was made known this past week when Financial Analyst, Christopher Ram, delved into the most recent financial returns filed by the Company.
Ram added that the Chairperson of the Bridge Company, Keith Evelyn has refused to divulge information that the public has a right to.
“That access is a right of any person under section 194 of the Companies Act,” said Ram.
Section 194 of the Companies Act dictates that any person can request such information and it would have to be provided by the company.
Ram said that it took the bridge company almost a full week to respond by seeking to query why the Chartered Accountant would want such information.
The information that Ram had requested of the bridge company included the register of shareholders.
According to Ram, “We recall that the former Company Secretary Mr. Winston Brassington had failed to disclose the required information in the company’s annual return.”
Ram said too that he had sought to acquire the register of debenture holders as well as the “conversion privileges or rights to the shares in the company.”
The request was directed to the Chairman, Keith Evelyn, and copied to the new Company Secretary, Steven Rambajan.
The Company in response to the request by Ram, said, “The company has noted that your letter did not allow the privilege of a proper reason or rationale behind this unusual request… Accordingly, I am writing to inform you that the Board would be happy to consider your request objectively should you be able to give proper justification for your request, stating what meaningful objective can be achieved by this exercise; especially given that BBCI has in place internal controls, external auditors, and is subject to the Berbice Bridge Act No. 3 of 2005. Upon receipt of a satisfactory response, the request would be put to the Board for consideration.”
The Chartered Accountant has since restated the request, insisting that there “is no requirement for me to give any reason.”
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