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Daily Archives: March 29, 2018

Guyana formally asks World Court to settle border controversy with Venezuela

Guyana on Thursday applied to the International Court of Justice seeking confirmation that the 1899 Arbitral Award of the boundary with Venezuela is legal, valid and binding. Foreign Affairs Minister Carl Greenidge, who is Guyana’s Agent in the court proceedings, delivered the application to the ICJ Registrar,¬†Philippe Couvreur. The Ministry of Foreign Affairs indicated that Guyana is banking on the ...

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ExxonMobil signing bonus for Consolidated Fund- Harmon

The Guyana government on Thursday announced that the US$18 million signing bonus from ExxonMobil would be placed in the Consolidated Fund before it is used to pay lawyers to fight the Venezuela border controversy case at the World Court. “That bonus, wherever it is would be placed into the Consolidated Fund and it is from that fund that any team ...

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