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Business

IDPADA-G, govt seem on verge of settlement for release of funds- lawyers tell High Court

Lawyers for the International Decade for People of African Descent Assembly-Guyana (IDPADA-G) and the State on Friday informed the High Court that they are on the brink of deal that could see the release of millions of dollars in a budgeted government subvention to the organisation that aims to improve the conditions of Afro-Guyanese. Attorney-at-Law Dr Vivian Williams told the ...

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GHRA denies owing State GY$38 million; accuses Nandlall of “reprisal” for speaking out

The Guyana Human Rights Association (GHRA) is accusing Attorney General Anil Nandlall of engaging in a “reprisal” because of concerns that the association has raised about the process of the Guyana’s Extractive Industries Transparency Initiative. GHRA’s Co-President Mike Mc Cormack challenged Mr Nandlall to prove that he was not being singled out for unfounded claims in retaliation for his views ...

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City businessman, Nazar ‘Shell’ Mohamed on PPP’s Local Govt Elections ticket

Wealthy City businessman, Nazar ‘Shell’ Mohammed has entered the political landscape on the People’s Progressive Party Civic’s (PPPC) ticket for the June 12 Local Government Elections (LGE) but on Thursday ruled out getting into national politics. “I’m semi-retired now so I can make a contribution to my community. I’m a strong community activist,” said Mr Mohammed who is Chairman of ...

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US tightening Guyana’s cybersecurity; recommends signing of international convention

Even as the United States’ Southern Command (SOUTHCOM) prepares to teach the Guyana Defence Force (GDF) how to stave off cyber attacks, the American government has recommended that this South American nation signs one of two conventions on cybersecurity, the US Embassy here said Monday. “In addition to the visit by DOJ (Department of Justice), the U.S. Southern Command and ...

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No underhand deal for Movietowne’s entry to Guyana- Chin

The owner of Movietowne, Derek Chin said despite having been encouraged by then President Bharrat Jagdeo to set up a branch in Guyana and sold 10 acres of government-owned land, there was no corruption to enable his US$50 million investment in the mall at Liliendaal, Greater Georgetown. He also praised then Finance Minister Dr Ashni Singh and then Head of ...

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Movietowne needs land in Guyana for new amusement park

The Trinidad-headquartered Movietowne has publicly asked the Guyana government to build a dinosaur amusement park in Guyana if it gets more land. Chairman of Movietowne, Derek Chin issued the call for more land at a reception held on Sunday to mark his company’s fourth year of operations at Liliendaal, Greater Georgetown. “I really would like, if the President is hearing, ...

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Guyana ready to formalise US energy security pact; Congressional House Ways & Means Committee says outcompeting China is priority

Guyana’s President Irfaan Ali on Friday assured the United States that this South American nation is ready to guarantee America’s energy security, as the Congressional House Ways and Means Committee said its visit here was aimed at laying the groundwork to displace China as a preferred business partner in Latin America and the Caribbean. “I even asked the Congressional delegation ...

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US members of Congress in Guyana for high-level talks

Several members of the United States Congress’ House Ways and Means Committee are in Guyana for high-level talks with President Irfaan Ali and other top government officials, Foreign Secretary Robert Persaud said Friday. The seven-member delegation arrived late Thursday night and were Friday morning due to hold engagements with American Ambassador to Guyana Sarah-Ann Lynch and her team.  They are ...

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Finance Ministry denies GHRA’s claim that high-tech ID card deal is unlawful

Guyana’s Ministry of Finance on Wednesday rubbished claims by the Guyana Human Rights Association (GHRA) that the US$34.5 million contract awarded to a German company to implement high-tech Residency and Work Permit cards flouted this country’s procurement laws. In a statement that questioned overwhelmingly the GHRA’s credibility, the Finance Ministry said the contract to VERIDOS was in keeping with Guyana’s ...

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Transport and General Coop Credit Union’s GY$40 million unseen “leased” land, among “glaring irregularities”

The Amalgamated Transport & General Cooperative Credit Union (AT&GC) appeared to have invested GY$40 million in 50 acres of land for housing but Labour Minister Joseph Hamilton said the purportedly leased land could not be found. The leased land, he said, is presumably located somewhere in Diamond but the coordinates are “blind”. “Long and short of it! No one knows ...

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