Agriculture Minister Clarence Rambharat has directed that a notice posted at the Macoya Wholesale Market advising customers, market vendors and the public, that effective next Thursday, December 19 it will not be accepting the old $100 bills be rescinded immediately and he wants answers as to who authorised the notice.
Rambharat told Guardian media yesterday that immediately after the notice was posted at the market he spoke to the Deputy Chairman of NAMDEVCO Wayne Inniss and instructed him to rescind the notice.
Rambharat said he informed Inniss that the old $100 bill is legal tender until December 31 and there was no logical explanation as to why NAMDEVCO should refuse the currency from December 13th.
Political activist and former Agriculture Minister Devant Maharaj first brought the issue to public attention yesterday posting the notice from NAMDEVCO.
Maharaj alleged that “even the Rowley government is not confident that the government has the capacity to deal with the old notes in a timely manner.”
He said the notice posted by NAMDEVCO “conflicts with the government’s position of 31st December as the deadline.”
NAMDEVCO Chairman Dennis Ramdeen is out of the country, but Rambharat said he has instructed Deputy Chair Inniss to find out who made the decision.