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Guyana formally agrees to share US persons’ bank account info with IRS

Guyana and the United States (US) on Monday inked an agreement, clearing the way for this country to share bank account information about American citizens and permanent residents with the US to help stamp out offshore tax evasion. “Today’s signing makes a significant step forward in our countries’ efforts to work collaboratively to combat offshore tax evasion, an objective that mutually ...

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Jagdeo unapologetic about granting radio license to PPP

Opposition Leader, Bharrat Jagdeo is unapologetic that he had unilaterally allocated radio licenses to, among others, his People’s Progressive Party Civic (PPPC) “You hear every single day ‘friends and family’ and, of course, the PPP got a license and I don’t mind that one that one, I am a politician so they can accuse me of that one,”  he told ...

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Bandit arrested during botched robbery at Chinese restaurant

One of two bandits was arrested and the bandit’s handgun’s magazine along with cash belonging to the owner of a Chinese Restaurant recovered, police said. The Guyana Police Force credited the restaurateurs with “courage and bravery” in putting up a fight that led to the arrest of one of the suspected perpetrators. Investigators said the suspect is 23 years old ...

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Oil and Gas Association President denies forging signature while Gold Board Secretary

The President and Chief Executive Officer of the Guyana Oil and Gas Association (GOGA, Bobby Gossai Jr. On Friday vehemently denied that he ever forged anyone’s signature while he was Secretary to the Board of Directors of the Guyana Gold Board. “At no given time did the Secretary used, reused (“lifted”), misrepresented or disguised the signature of the former chairperson ...

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International expert to help close in on gold smuggling

The Guyana government says it is securing foreign assistance to close in on gold smugglers, even as it chases a target of 600,000 ounces for this year. Minister of Natural Resources, Raphael Trotman said the international law enforcement expert would be coming to Guyana “to both advise and to help us with some interdictions.” “I don’t think that there are ...

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British think-tank to advise Guyana on feasibility of oil refinery

The United Kingdom’s (UK)  leading think-tank  is helping Guyana decide whether it will be feasible to build an oil refinery here and, if so, what is the best model, Minister of Natural Resources, Raphael Trotman announced Friday. He said the New Producers Group of Chatham House- the Royal Institute of International Affairs- is expected to tell government by year-end whether ...

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Foreign experts to help re-program GPL’s management

Fifteen foreign advisers are to be hired to help strengthen the Guyana Power and Light’s (GPL) management and reduce losses currently pegged at GPL’s Chairman of the Board of Directors, Robert Badal said that the US$7.4 million component of the Public Utility Upgrade Programme would be used to hire seven engineers and other training experts from Manitoba Hydro International with global experience. ...

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