Internet Radio

Gold Board staff sent home as part of fraud probe

FLASH BACK: Acting General Manager of the Guyana Gold Board, Eondrene Thompson, and Chairman of the Gold Board’s Directors, Gabriel Lall meeting with Mr. Steve Higgins, Director, Storage and Refining Solutions and Mr. Derek Hall, Manager of Compliance.

Two employees of the Guyana Gold Board have been sent on leave pending an investigation into an alleged multi-million dollar fraud, Chairman of the semi-autonomous agency, Gabriel Lall told Demerara Waves Online News.

“I am confirming that two workers were sent home pending an investigation into irregularities,” he said.

Demerara Waves Online News was told by sources that the Accountant, Roseanna Ramnarine and Clerk, Debra Forbes were gravely implicated in the scheme.  They have been working there for decades.

The Board of Directors reportedly ratified a decision that had been already taken. Top police sources have confirmed that law enforcement agents have already questioned the duo.

Indications are that as much as GYD$2 million had been allegedly creamed off from clients’ payments in one week.

Sources said sometimes gold is sold to the entity but sellers  do not always receive their full payment.

Sources said the alleged scam could cast a shadow over the Guyana Gold Board which recently was the subject of a due diligence by Royal Canadian Mint, one of its major purchasers.

  • Second Coming

    2 million Guyana dollars is 10,000 US dollars. Is this a one-time rip off in one week or is it over a period of many, many weeks?

    • rudeo

      Many many many many…

  • powerplayer

    Leave my ass. This is stupid. Do proper investigation. These are not super smart people. Charge and put in front the court!

    Sending folks on Leave is lame.