Banks DIH Limited is exploring legal avenues to address the persistent challenges posed by street vendors around its Stabroek Market location.
The Chairman of Banks DIH Limited, Clifford Reis, expressed frustration over the ongoing issues and revealed that the company is contemplating legal action to alleviate financial strain and operational disruptions caused by street vending.
Reis mentioned that Banks DIH has made numerous efforts over the past seven years to address the situation.
Letters were sent to the relevant authorities, including the Town Clerk, City Council, Deputy Commissioner, and Commander, notifying them of the disruptive activities.
Despite these efforts, no effective solutions have been implemented.
The Chairman emphasized that the company is left with no alternative but to consider legal action.
He cited the precedent set by Muneshwar Company, which took legal measures to address a similar issue.
Banks DIH Limited is facing financial losses, and the entire area is being misused, making it challenging to operate a business under such conditions.
City Mayor Alfred Mentore acknowledged the issue and stated that efforts are underway to address it.
He mentioned that central government intervention may be required. In the short term, the mayor proposed implementing a system where vendors operate within specified hours.
He emphasized the need to address both the pavement and road aspects of the problem.
Mayor Mentore indicated a willingness to engage with the matter at the council level and explore solutions before resorting to legal actions.
He acknowledged the complexities of the situation, considering the areas in question as both public roads and city streets.
The ongoing conflict between businesses and street vendors highlights the challenges associated with urban development and the need for comprehensive solutions that consider the interests of both parties.