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Former Republic Bank employee jailed for attempted bank robbery, related offences; policeman, others remanded

Five men, including one policeman and two employees of Republic Bank, were Friday arraigned in connection with the failed bank robbery more than one week ago. A former bank employee- Jamal Haynes- was jailed for six years after he pleaded guilty to attempting to rob the bank and several other charges. The policemen charged are Constable Anfermee Blackman and Rural ...

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Medicare Pharmacy staff charged with embezzling GYD$1.2 million

Three employees of Medicare Pharmacy were Thursday morning arraigned on a charge of misappropriating funds and they were granted a total of  GYD$450,000 bail. Appearing before Chief Magistrate, Ann McLennan at the Georgetown Magistrates’ Court were 23-year old Watmattie Ramnarine, 43-year old Zalena Khan and 23-year old Salena Khan. The prosecution alleges that between September, 6,2016 and June 2,2017, while being ...

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Guyana hopes to invest more cash in youth empowerment from scrapped sugar subsidy, oil revenues- Ramjattan

Guyana hopes to surpass Trinidad and Tobago, and Jamaica in the amount of monies it gives to youth empowerment and employment by scrapping a multi-billion dollar subsidy to the state-owned Sugar Corporation (Guysuco) and injecting more funds from oil revenues when production begins in 2020, Public Security Minister Khemraj Ramjattan says. “This why we are making sure that the bailouts ...

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Private Sector Commission, Police Commissioner differ on monitoring released prisoners

The Private Sector Commission (PSC) on Wednesday urged authorities to monitor the expected large number of remanded prisoners who are being released from custody, but Police Commissioner Seelall Persaud almost immediately knocked down the criticism, saying those being released have not committed violent crimes. “They are there for non-violent crimes and there are persons who the court would have already ...

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Successful drug suppliers must register all drugs with Food and Drug Dept

The newly implemented drug procurement system requires successful suppliers to register all drugs with the Government Analyst Food and Drug Department (GA-FDD). This is to ensure that quality drugs and medical supplies are acquired through the procurement system. This was highlighted during a presentation by Technical Advisor to the Ministry of Public Health on the Global Health Supply Chain Management, ...

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Govt holding company to spearhead selling off Guysuco’s assets

The Guyana government has to hire a “top accounting firm” to help assess the value of assets of the state-owned Guyana Sugar Corporation (Guysuco) to be sold, and GYD$130 million have been allocated for a Special Purpose Unit to spearhead the sale. The announcement was made Thursday in the National Assembly by Finance Minister, Winston Jordan during consideration of a financial ...

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Govt must hire oil and gas accountants or risk losing big money to oil companies- experts warn

Guyana lacks the capacity to deal with an expected huge influx of invoices from the United States (US) oil giant, ExxonMobil, is set to begin submitting in the coming months, even as industry experts on Thursday said invoices and payments by international oil companies must be examined in detail. Finance Minister, Winston Jordan is already on record as saying that ...

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Update: Bank robber shot dead; four guns recovered; shot bank employee was one of the robbers

A bandit was killed and another captured unhurt during an exchange of gunfire at an attempted robbery at Republic Bank (Guyana), Water Street, Georgetown. Head of the Criminal Investigations Department, Senior Superintendent, Wendell Blanhum said the  bandit was shot in his chest and he succumbed. He was 25 years old and lived at Eccles, East Bank Demerara. Blanhum said one of ...

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Symposium to focus on corruption in the oil industry

Issues of corruption in the oil industry will be the focus of a two-day symposium to be held later this week in Guyana, according to the international law firm, Greenberg Traurig, LLP, Vicky McPherson, a shareholder in the Washington, D.C. office of Greenberg Traurig, LLP, will be a panelist at a two-day symposium in Georgetown, Guyana on “Public Corruption and the Curse of ...

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