Minister of State for Finance Zhivargo Laing has denied that he acted improperly when he responded last September to a complaint his brother made regarding the customs rate being charged on a product sold by his brother’s wife.
The minister spoke on the matter in the House of Assembly Thursday night, just over two weeks after St. Thomas More MP Frank Smith asked him to say whether he used his position to secure a lower rate for the Brazilian berry drink Monavie.
Mr. Smith asked Mr. Laing on February 13 to confirm or deny that approval was given to the revenue secretary to direct the Department of Customs to ignore the International Customs Organization’s designation of Monavie, which placed it and other similar products in the 45 percent customs duty category, and place the product in a category which attracts customs duty of 10 percent.
Bahamas Minister of State In Trouble Over MonaVie Customs Plot?
March 3, 2008 by Ty | 0 Comments
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