Mon | Oct 15, 2018

Roper says JUTC sure to pay Rubis debt

Published:Wednesday | November 12, 2014 | 9:19 AM

Karlene Brown

Assistant News Editor - Radio

The chairman of the Jamaica Urban Transit Company (JUTC) Garnett Roper, says the entity has been steadily paying down its multi-million dollar debt to Rubis Energy Jamaica Limited for fuel an oil it supplied.

Rubis has sued the JUTC to recover close to $40 million for automotive gas oil it says was supplied from September 2013 to September 2014.

In court documents Rubis said it made several demands for immediate payment but the JUTC refused to pay.

The JUTC chairman says ideally, the debt, which is closer to $30 million, should have been already settled.

However, Roper says while the company is slow to pay, it is sure to pay.

He says the decision by Rubis to sue the bus company at this time is unnecessary.

"We are not a small partner, so if Rubis decides to cut its nose to spite its face, it is its face," he said.

He said the JUTC accounts for eight per cent of Rubis sales and may feel that the money is irrecoverable.

But Roper said the JUTC will pay its debt.

"I don't know what they are going to use to come back to get us to buy from them," he said.


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