S.A.V. Investments, Real Estate Developer, Agency and Car Dealership Inc. has applied to the High Court of Guyana for a judgment ordering Sherwin Christopher Benjamin to pay $5.3 million allegedly owed for a used BMW X1.
The fixed date application, dated October 8, 2026, states that the debt arose from a promissory note signed on August 4, 2026, covering the agreed purchase price of a black, used 2014 BMW X1, registration number PAR 6226.
According to the filing, the company completed the sale, delivery and transfer of the vehicle, and Benjamin received it. He allegedly undertook to pay the full amount in cleared funds by August 30, 2026, with default taking effect on August 31 if the debt remained unpaid.
The company claims Benjamin failed to make any payment and that the entire $5.3 million remains outstanding. His response to the application was not included in the documents provided. Benjamin is the General Secretary of the People’s National Congress Reform (PNCR), one of Guyana’s major political parties.
S.A.V. Investments is seeking interest at six per cent per annum on the unpaid principal from August 31 until judgment, followed by interest at four per cent per annum until the debt is fully paid, subject to the court’s determination.
The application calculates pre-judgment interest at $33,106.85 as of October 8, with a further $871.23 accruing daily while the principal remains unpaid.
The company is also seeking legal costs and other recoverable expenses, along with orders allowing it to pursue lawful enforcement measures against Benjamin’s property, income and other assets if payment is not made.
The filing states that although the vehicle was jointly registered in Benjamin’s name and that of Natasha Rose Benjamin, he personally assumed responsibility for the debt. It expressly excludes Natasha Rose Benjamin from liability as a maker, guarantor or debtor under the promissory note.
Dr Stanley A. V. Paul, the company’s director, is seeking permission from the court to represent the company in the proceedings without an attorney-at-law.
The application asks the court to determine the claim on affidavit evidence, relying on the promissory note and Benjamin’s alleged failure to honour the payment undertaking.
The matter is yet to be heard.
