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Daily Archives: March 2, 2017

Trinidad, Suriname offer to refine Guyana’s oil

Trinidad and Tobago, and Suriname have offered to refine Guyana’s oil, although ExxonMobil reserves the right to take its portion elsewhere for processing, authorities said Thursday. Minister of Natural Resources, Raphael Trotman said  Trinidad and Tobago’s oil refinery, which has a capacity to process 175,000 barrels per day, has been operating “below optimum” even with the importation of oil from ...

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Full disclosure of oil production sharing agreements not advisable- Natural Resources Minister

Minister of Natural Resources, Raphael Trotman on Thursday cautioned against releasing details of oil exploration and production contracts because of the likely implications this may have for addressing border claims by Suriname and Venezuela. “Government, at this point in time, is of the view that full disclosure would not be to the national benefit or the national interest,” he told ...

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‘Robbie’ charged for murder of teen outside Rio Night Club

Chief Magistrate Ann McLennan today remanded a former police officer for the murder of 19-year-old Ryan Sergeant, known as Harry, who was gunned down outside the Rio Night Club last September. 35-year-old murder accused, Lloyd Roberts known as Robbie, was not required to plea to the charge which alleged that on September 26 last year, he murdered 19-year-old Sergeant. Roberts ...

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Court rejects Royston King legal challenge, moves ahead with parking meter case

Justice Brassington Reynolds ruled this afternoon against an application made by Georgetown Town Clerk Royston King disputing the High Court’s power to continue hearing legal challenges against the parking meter regime. The Court can now move ahead with the challenge brought by Mohendra Arjune, who is represented by Attorney Kamal Ramkarran. Additionally, Justice Reynolds heard another request today, which would ...

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GRA targets businesses wrongly charging VAT

  –as  Finance Minister urges ‘Buyer Beware’ of shady vendors   by Gary Eleazar The Guyana Revenue Authority (GRA) has begun moving against businesses targeting unsuspecting consumers, by applying the 14 per cent Value Added Tax (VAT) on items which are zero-rated or exempt. This was confirmed by Tax Chief, Godfrey Statia, who on Thursday (March 2, 2017), met with ...

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Permanent Secretary of Public Health Ministry fired following drug procurement probe

Trevor Thomas has been fired from the post of Permanent Secretary of the Ministry of Public Health, in keeping with a recommendation by a Commission of Inquiry into procurement practices at that public service entity. Minister of State, Joseph Harmon said Thomas was relieved of his duties with effect from March 1, 2017. “His service as Permanent Secretary was terminated…He ...

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Court fines Kwame McCoy $20,000 for assaulting Mark Benschop, other charges dismissed

Former presidential liaison officer and well-known People’s Progressive Party (PPP) activist, Kwame McCoy, was today fined $20,000 or one month imprisonment by city magistrate, Anette Singh, for unlawfully assaulting social and political activist Mark Benschop in 2011 in the height of that year’s election. McCoy had two other charges against him, larceny and damage to property, which were dismissed today, ...

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Cash-strapped Guyana govt embarks on cost-cutting measures; hopes public sector investment prog will kick-start economy

The Guyana government is strapped for cash and would be introducing a number of austerity measures including recycling envelopes, while at the same time hoping that the Public Sector Investment Programme (PSIP) and housing projects will kick-start the economy. “It means that you have to be a little more careful in how you spend your money so that it lasts. ...

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VAT to remain on private school fees ; parents, schools must find creative ways around tax- Finance Minister

by Gary Eleazar The Guyana Government has decided it will not be removing the application of the 14 per cent Value Added Tax (VAT) on private school fees, saying the anticipated revenue is critical to meet the funding for the $38B shortfall it has for its 2017 expenditure programme (2017 $250B Budget). This was disclosed by Finance Minister, Winston Jordan, ...

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Transgender assault victim barred from entering court as Magistrate dismisses case

City Magistrate Dylon Bess, this morning, dismissed a physical assault case where transgender woman, Ronnel Trotman known as Petronella, was the victim. Bess, before handing down his decision, asked the public to leave the courtroom. Just as the assault victim, Petronella, was entering the court, she was barred by the court’s officers. The decision was read in her absence. Petronella ...

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