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Accountability

Bank of Guyana now responsible for sovereign wealth fund

Guyana’s central bank, the Bank of Guyana, on Wednesday formally took over responsibility for managing the Natural Resources Fund also known as the sovereign wealth fund (SWF), even as Guyana awaits word from the Federal Reserve Bank of New York (or the New York Fed) on due diligence where the monies will be deposited. Governor of the Bank of Guyana, ...

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SARA official immigration meeting with non-nationals in “personal capacity” – Harmon

The Deputy Director of the State Asset Recovery Agency (SARA) Aubrey Heath-Retemyer participated in a meeting with foreigners in his “personal capacity”, Director-General of the Ministry of the Presidency, Joseph Harmon said Friday. “Mr. Retemyer is not an officer in the Department of Citizenship. What he has been doing is acting in his private and personal capacity and so he ...

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Gov’t ordered to pay former Deputy Solicitor General, Prithima Kissoon, withheld salary

Chief Justice Roxane George-Wiltshire has ruled that Prithima Kissoon, former Deputy Solicitor General must be paid her salary that had been withheld. Ms. Kissoon’s money had been withheld by the Permanent Secretary (PS) of the Ministry of Legal Affairs and the Attorney General. In May, 2017, the Attorney General caused Ms. Kissoon to be sent on “administrative leave” by the ...

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OPINION: The prerogative of mercy: Examining the President’s grant of respite to his Minister of Finance

by Attorney-at-Law Vivian Williams If courts which are instituted to determine what justice is between man and man may not enforce the private rights to which they find the litigants before them entitled, the great purpose of government will be unattained and our republican system will prove to be a lamentable failure.” – (U.S. 8th Circuit Court of Appeal) As ...

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President blocks imprisonment of Finance Minister; GRA claims GYD$527m in taxes from Dipcon

President David Granger on Monday blocked Finance Minister Winston Jordan from going to jail for 21 days for contempt of court for failing to pay Dipcon Engineering Services Limited US$2.2. million plus costs in keeping with a court order that dated back to 2009 under the previous administration. “Now, therefore, by virtue of the powers vested in me under Article ...

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Sharma being reassigned to Public Infrastructure Ministry

Minister Jaipaul Sharma has been shifted from the Ministry of Finance to the Ministry of Public Infrastructure as its Junior Minister, sources said. Asked for the reason, the source would only say the move was “to enhance public administration”. Sharma, as Junior Finance Minister, had been named as having met with representatives of the Princess Group that at the time ...

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Minister Patterson cleared of allegations in new Demerara Bridge project

The Guyana Police Force on Friday indicated that Minister of Public Infrastructure, David Patterson has been cleared of corruption and other allegations concerning the hiring of a Netherlands-based company that conducted a feasibility study for a new Demerara River bridge. The police force’s Special Organised Crime Unit (SOCU) received legal advice that there was no misuse of funds, no evidence ...

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Guyana, other Caribbean countries anti-corruption bodies want harmonised rules, legislation

Guyana’s Integrity Commission has joined other members of the Commonwealth Caribbean Association of Integrity Commissions and Anti-Corruption Bodies (CCAICACB) in identifying the need for a harmonised system of rules and legislation to tackle corruption. In a communiqué at the end of its fifth annual meeting held from June 3 to 7 in the Cayman Islands, the CCAICACB said the time ...

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