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Author Archives: Denis Chabrol

Foreign Minister says signing bonus disclosure poses risk to border controversy battle

Minister of Foreign Affairs, Carl Greenidge on Thursday defended government’s more than one year secrecy of a US$18 million signing bonus from ExxonMobil, saying that publicity about the deal could potentially have serious implications for Guyana in relation to the border controversy with Venezuela. He told reporters that now that details about the signing bonus have been disclosed, Venezuela was ...

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Signing bonus for Consolidated Fund at the right time; PPP govt failed to pass CGX funds through govt accounts- Finance Minister

Finance Minister, Winston Jordan says the US$18 million signing bonus from ExxonMobil will be paid into Guyana’s Consolidated Fund whenever government decides to use the funds for the intended purpose. “The 18 million is in a special account at the Bank of Guyana. It’s there because it’s designed for a special purpose. whenever that special purpose is activated, the monies ...

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Passenger-bandits arrested; items stolen from minibus driver, others recovered

Three men, who allegedly robbed several passengers Wednesday morning, were arrested moments later as one of them pretended he was sleeping and the others were relaxing, the Guyana Police Force said. The law enforcement agency said police recovered several of the items that were stolen from passengers during the gun-point robbery that occurred at about 10 AM aboard a Route ...

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Key ILO reports Enabling Environment for Sustainable Enterprises (EESE), and Skills for Green Jobs to be launched in Guyana

The Consultative Association of Guyanese Industry (CAGI), with technical support of the International Labour Organization (ILO), recently completed an assessment of the Enabling Environment for Sustainable Enterprises (EESE) in Guyana, the ILO said Tuesday. The final report and an action plan for the implementation of recommendations will be presented at a high-level tripartite event on Friday, December 15, 2017 at the ...

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CISCO, Digicel agree to speed up digital transformation in Central America, Caribbean

Cisco, the worldwide technology leader, and Digicel, a major telecommunication services provider covering a wide territory in the Caribbean, have signed a Caribbean Countries Digitalization agreement outlining their objectives and strategic plans for accelerating the digital agenda and existing digitization policies for 26 countries in the Caribbean and Central America, Digicel announced Wednesday. Under the Frame Agreement, the two companies ...

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Not all ministers were aware of ExxonMobil’s signing bonus; there was “non-disclosure” but not “deception”- Granger

President David Granger on Wednesday said not all Cabinet members might have been aware about the US$18 million signing bonus. He defended the secrecy of the transaction, saying it was a matter of national security and that the cash is in a special account to be used for a matter concerning national security. “I am not sure that all the ...

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Canadian oil company didn’t pay signing bonus for for Guyana-Suriname boundary dispute legal fees- Jagdeo

Former President, Bharrat Jagdeo on Tuesday said the Canadian oil company, CGX Energy, had paid legal fees directly to lawyers for the Guyana government and that company lawyers in fighting the maritime boundary dispute with Suriname at the United Nations Tribunal of the Law of the Sea. “As President, as far as I am concerned and I am aware of, ...

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Lethem businessman arrested in connection with illegal plane, airstrip

A Lethem businessman has been arrested in connection with the discovery of an illegal aircraft and the construction of an illegal airstrip in Rupununi, southern Guyana four months ago, police and sources said. “A prime suspect who allegedly fled the jurisdiction shortly after he was being sought for questioning in relation to an illegal aircraft which was left abandoned at ...

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PSC condemns calling in of police at Parliament Building; appeals for patience, understanding

Guyana’s Private Sector Commission (PSC) Tuesday night condemned the calling in of police at Parliament Building to remove opposition People’s Progressive Party Civic (PPPC) parliamentarian, Juan Edghill after he refused House Speaker, Dr. Barton Scotland’s instruction to leave the Chamber. “The involvement of law enforcement, apart from being an unacceptable overreaction, is an unfortunate occurrence. It does not augur well ...

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