Three defendants from Tobago have been formally committed to stand trial in the High Court following a judicial ruling that found sufficient evidence of their alleged involvement in a major Value Added Tax (VAT) fraud scheme totaling approximately $2.3 million. The accused parties include businessman Richie Habib, businesswoman Yolande Clarke, and their company Habib International Ltd.
The case centers on allegations that between August 2016 and December 2021, the defendants conspired to defraud the Tobago House of Assembly (THA) by issuing 65 invoices that improperly included VAT charges. According to court documents, Habib International Ltd. was not registered under the Value Added Tax Act during the period in question, making the company ineligible to collect VAT payments.
Prosecutors assert that the scheme involved the fraudulent use of a VAT registration number belonging to Springer Property Development Ltd., which was utilized with Clarke’s permission. The prosecution contends that while VAT was collected from the THA on these invoices, the funds were never remitted to the Board of Inland Revenue (BIR), effectively cheating the public revenue system of $2,361,801.14.
The case came to light following an investigation by Rawle Sookhoo of the BIR’s Criminal Tax Investigation Unit, who initiated proceedings after receiving reports of fraudulent invoicing practices targeting the THA. During a virtual hearing on March 2, Master Kimitria Grey reviewed the documentary evidence and determined that the State had established a prima facie case sufficient to warrant a full trial.
All three defendants remain on bail with surety set at $800,000 pending the commencement of High Court proceedings scheduled for September 18. The prosecution is being handled by special prosecutor Evans Welch representing the BIR, while the defendants are represented by senior counsel Gilbert Peterson, attorney Dawn Pallackdarrysingh, and attorney Criston J. Williams.









