Dear Editor,
I have seen the paid advertisement by Banks DIH Holdings Inc. responding to my letter appearing in the Stabroek News of 12 January 2026 and the Kaieteur News the following day.
My letter addressed strict issues of law and corporate governance. It did not name a single director or officer of the company or member of the group, nor did it make any reference to their personal or professional character. I therefore have no interest in responding to personal attacks: they trouble me not in the least bit.
What disappoints me is that a company which once enjoyed a stellar reputation for propriety and integrity has descended to the level of publicly disclosing matters relating to a shareholder’s private affairs. That is wholly inappropriate and, in my view, unworthy of a public company.
In doing so, the advertisement states that I “sold all my shares” in the company. That statement is false. I did not sell my shares. I transferred them by way of gift to members of my staff and family. I did so because, like the capital market generally, I have no confidence in the direction in which the company is heading.
That correction aside, I have nothing further to add in the public arena. The issues raised in my letter are questions of law. They will be resolved in the proper forum.