Business

Former government officials, who have stolen State assets, can strike a deal to return those properties but, the Director of the State Assets Recovery Agency (SARA), Professor Clive Thomas on Monday stopped short of saying if anyone has offered to return assets voluntarily. Noting that under the State Assets Recovery Act empowers the Director could exercise his discretion to seek ...

Deputy Head of Legal Services at the Guyana Revenue Authority, Lancelot Wills on Monday lamented the poor enforcement of anti-corruption laws. “It’s not for the paucity of laws that we fail so miserably on the various metric and scales of anti-corruption. It’s for the lack of enforcement,” he said at the opening of an anti-corruption training seminar for GRA staff, ...

The State Assets Recovery Agency (SARA) has received a compliant from the Transparency Institute of Guyana Inc. (TIGI) about the US$18 million ExxonMobil signing bonus, but investigations are not expected shortly because the agency is conducting a number of other probes, SARA Director, Professor Clive Thomas said. There is lingering controversy about whether the signing bonus should have been deposited ...

Minister of State, Joseph Harmon Friday night disclosed that Suriname at one stage had decided to abandon the search for 16 fishermen, but only continued after Guyana had said that it would have continued to look for the piracy victims off the eastern coast of that former Dutch colony. “During the course of the last week, the Surinamese gave the ...

A Corentyne fisherman, who was arrested in connection with last month’s deadly piracy attack on 20 fishermen off Suriname’s east coast, was Friday charged in Guyana with offences dating back to 2015 and 2016. The Guyana Police Force said 39-year old Nakool “Fire” Manohar of No. 43 Village Corentyne, Berbice was charged with two counts of armed robbery under Section 3 ...

It was the Cabinet Council of Ministers that approved the several billions in payments—stemming from court matters brought against the State—based on proposals submitted by Attorney General and Minister of Legal Affairs, Basil Williams, a result of the mess left by his predecessor, Anil Nandlall. This was confirmed by Minister of State, Joseph Harmon today, during a post Cabinet press ...

by Ivan Cairo PARAMARIBO – The Surinamese government came under attack in parliament Thursday for the way authorities here handled the recent deadly assault on several fishing boats offshore Suriname, before parliamentarians unanimously passed a motion to deal with the incident and the welfare of the largely Guyanese  fishing community. After a stinging debate by both sides eventually, the motion ...

As the 130-year old City Hall slowly crumbles, the European Union (EU) will in another two months deliver a plan to determine how best to salvage the historic largely wooden structure that is part of the National Trust. EU Ambassador to Guyana,  Jernej Videtič  made the announcement in the presence of President David Granger, Minister of State Joseph Harmon and Minister ...

President David Granger said that Guyana looks forward to a single, legally-binding successor to the Cotonou Agreement that will open a new era in economic relations between the African Caribbean and Pacific (ACP) group and the European Union (EU). He said that this new covenant should aim at enabling the transformation of ACP economies through investments in industries, infrastructure and ...

Three Guyanese remain in police custody in Guyana and two others are being held in Suriname by police there as a probe into last month’s deadly piracy attack continues, authorities here said Wednesday. Guyana’s Police Commissioner, David Ramnarine and Minister of Public Security, Khemraj Ramjattan said the detainees in Guyana could be charged and prosecuted locally instead of being sent ...