Internet Radio

PM’s son-in-law searching for Guysuco investors

Tony Joseph (photo from Muscatine Journal)

Prime Minister Moses Nagamootoo says his son-in-law is helping to find potential investors in the financially crippled state-owned Guyana Sugar Corporation (Guysuco) but he scoffed at suggestions of political favouritism.

Although a Guyana government statement days ago named Guyana-born American Tony Joseph, Director of Sunrise Investing LLC, as one of three investors who were expected to meet with him after touring the estates, Nagamootoo said “none, as far as I am aware” when asked what role he was playing.

“As far as I am aware he is a credible and successful businessman who is not investor. He is, I understand here, as a finder to introduce investors to help Guyana at no cost to the government or people,” he told Demerara Waves Online News.

Pressed on Joseph’s role, the Prime Minister said “I am not aware that he has any role. Why don’t you ask him.”

Joseph- known for his freight forwarding business in Muscatine, Idaho- is married to the Prime Minister’s daughter, Angela.

The Prime Minister reacted sharply when it was suggested that Joseph’s involvement was similar to the highly criticized friendship of former President Bharrat Jagdeo and Managing Director of New Guyana Pharmaceutical Corporation (New GPC), Dr. Ranjisinghi ‘Bobby’ Ramroop. “I am not aware of any what you are saying and your inference is unacceptable so don’t button-hole me on things…Stick to the police,” he said shortly after delivering the feature address at the opening of the Guyana Police Force’s 2017 Officers’ Conference.

FLASH BACK: Prime Minister accompanied by his eldest daughter Mrs. Angela Nagamootoo-Joseph, her husband Tony Joseph and their two children at Emancipation Day activities in the National Park on August 1, 2016 (GINA photo)

While in opposition, Nagamootoo’s Alliance For Change (AFC) and A Partnership for National Unity (APNU) had stridently criticized the multi-million dollar sale of New GPC drugs to the public health sector. New GPC had been a prequalified supplier.

President of Integrated Casetech Consultants PV T. LTD, Mr. Rajesh Kumar Agarwal and Managing Director of Sunrise Holdings, Mr. Tony Joseph,  visited major sugar estates, prior to having meetings with the Government. Joseph is listed in Iowa’s corporate registry as a director of Sunrise Holdings but of another named Sunrise Investing LLC.

Integrated Casetech Consultants has supplied sugar production equipment to several countries including Zimbabwe. In 2014, that company had been named as source of engineers  to run the problem-plagued US$150 million Skeldon Sugar Factory.

Srinath Ispat Limited manufactures steel casings for use in a variety of industries including Hydro Power, Steel, Thermal Power, Sugar, Cement, Mining and Heavy Engineering industry sectors.

Joseph heads a freight forwarding company, Joseph Pack-n-Ship in Muscatine, Iowa. His Guyanese wife, Angela Nagamootoo-Joseph, worked in the marketing department of the Mirror newspaper, a publication aligned to the opposition People’s Progressive Party (PPP).  Back in October 8, 2015, Prime Minister Moses Nagamootoo participated in a ribbon-cutting ceremony for the Greater Muscatine Chamber of Commerce and Industry at Joseph Pack-N-Ship.

Sunrise Investing. Joseph Industries and Joseph Pack-N-Ship share the same physical address.

Tony Joseph has reportedly stated that he migrated from Guyana in the 1970s to the British Virgin Islands with his father to take up a teaching job there.  He learned the freight forwarding business in Canada and worked at a freight forwarding company in Chicago before returning to Muscatine where he set up his own shipping company.

He recalled having to leave Guyana in 1977 because of the political conditions then during the rule of the then People’s National Congress (PNC).  “When I was young in Guyana, there was an election, and the military collected the ballot boxes at gunpoint and kept the dictator in power. My dad decided it was time to get out. He had an opportunity in 1977 to teach in Tortola. In 1980, my mother had an opportunity to become a nanny in Philadelphia, and we immigrated to America. My parents knew a missionary pastor from Muscatine who invited us to Muscatine. He helped us find a place to stay and get our first car. Muscatine has been really good to my family. I have nothing negative about Muscatine.” he was quoted as saying in the Muscatine Journal.

  • eddie

    The PM all doll up for Halloween, LOLLLLLLLLLLLLLL as a Guyanese now I know the date for Guyana Halloween many thanks PM

  • Col123

    Jeeze… we need a ministry of physical fitness… these guys flaunting their cardiac profile around the place…the ill effects of the good life!

  • JinnahRahman

    IS NAGAMOOTOO SON-IN-LAW NOT INVOLVED IN BROKERING RICE, ALSO !

    The son-in-law of the Prime Minister, Moses Nagamootoo, is reported to be involved in stiff negotiation of selling Guyanese rice, according to persons in the rice industry, whom he had contacted more than a year ago. He has set himself up as a broker, linked to an international brokerage company.

    It was not all surprising that Mr. Nagamootoo had gone out of his way to establish the sale of rice and paddy to Mexico, a feat that is highly unprecedented. He promised to replace the Mexican market with the lucrative Venezuelan – Fuel for rice deal – which was terminated in November, 2014, shortly before the PPP was kicked out of office.

    It is alleged that he (a middle man) and others closely connected the local rice industry were working to make a “killing” on the poor rice farmers of the Guyana, as the PPP boys did when they were in government and exploited the loopholes in the “fuel for rice market”.

    The Alliance For Change (AFC), prior to the last General elections, demanded that they should be given the agriculture portfolio, as one of the key elements to agree to contest the last General Election, as a COALITION.

    Rice farmers were assured by the now Prime Minister, Nagamootoo, at the Bush Lot, Essequibo meeting, attended by this writer and many rice farmers – that he will include all the rice farmers and activists in an INCLUSIVE GOVERNMENT to make the industry a viable entity.

    Mr. Nagamootoo’s speech, which was recorded – told the rice farmers that the new coalition government will commit itself to the farmers MANIFESTO – which included 3 key demands – the RE-ESTABLISHMENT of the Agriculture Bank, the Setting up of a STABILISATION FUND and the Restructuring of the Guyana Rice Development Board (GRDB), which has been racked with a huge scandal of corruption and mismanagement at all levels of the organisation.

    The Forensic Audit Report, which took more than a year to complete, will be released to the public, according to reliable source close to the government. The shocking revelation of $100 million loan to Dharamkumar Seeraj, the current General Secretary of the Rice Producers Association, which was to be repaid in December 2014, will be further investigated by the newly investigated body, SARA, (State Asset Recovery Agency), when the Bill goes to the National Assembly next Monday and becomes Law.

    Rice farmers have expressed grave dissatisfaction over the appointment of the AFC-SPONSORED, Noel Holder, as Agriculture Minister. From all accounts – he will go down in history- as the worse Minister of Agriculture in modern times. Minister Holder chose to visit a dock farm in Leguan, at a time when rice farmers were panicking about markets for their paddy.He told many farmers who came to see him that the rice industry was a private matter and they must seek their markets for their produce.

    The jury is out against the AFC and the evidence is there to show that they will not be able to contest any future elections with the amount of votes they received at past elections, neither would the bankrupt PPP.

  • Col123

    Take a guess about the genesis of crooked Guyanese politicians : Did they follow the Forbes or Cheddie principle for crooked and dictatorial practices?… or can we just sell since 1992 as if we know that it is a valid fact?… when did the wrath of pick pocket plagued Guyanese ?… when was dictatorial practice imposed on Guyana?…and when it was reintroduced?

  • eddie

    that might be true but they both look like crooks