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Colonial Guyana stamp to auction for US$10-20 million

New York, AFP — The world’s most famous postage stamp, the sole-surviving example of a one-cent magenta from British colonial Guyana, is going under the hammer in New York for $10 to $20 million. Sotheby’s has valued the stamp, which was made under British rule in 1856 when a shipment of stamps from England was delayed, and will sell it ...

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Guyana gets more time to fix anti money laundering law

Guyana has been given more time to pass amendments to its financial crimes legislation after the France-based Financial Action Task Force agreed that Guyana should be reviewed again in another three months.The administration of President Donald Ramotar attributed the reprieve to public statements issued by the Organisation of American States (OAS) and the Caribbean Community (Caricom).This is the second time ...

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“Gang of fraudsters” buying goods with stolen cheques- Caribbean Chemicals (Guyana) Limited

Caribbean Chemicals (Guyana) Limited on Friday sounded alarm bells about a “gang of fraudsters” after the company sold GUY$2.2 million worth of fertilizer to someone using a bogus cheque. Director of Caribbean Chemicals, Francesca Pires declined to name the company whose cheque book was stolen in November 2013 but said the cheques are supposed to be drawn on an account ...

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GFC Coach dies in Valentine’s Day smash up

The GFC coach was early Friday- Valentine’s Day- morning killed in a gruesome accident on Mandela Avenue. He has been identified as Peter Lashley. Up to the time of the accident he was employed by John Fernandes Limited. Eyewitnesses said he was riding his motorcycle when he ended up underneath a truck. His head and face were severely disfigured. One ...

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America’s Rock Band, Filligar, arrives in Guyana

Georgetown, Guyana – U.S. Ambassador D. Brent Hardt introduced the American alternative rock band, Filligar at the launch of their eight day visit to Guyana.  This program is part of the Embassy’s continuing cultural engagement that has brought jazz musicians, dance groups, a classical pianist, and a flautist to Guyana over the past three years.  Earlier in the day, the ...

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Police raid Kitty shops, seize alcoholic beverages, charge owners

One of two owners of  business places on Station Street, Kitty  on Thursday pleaded guilty to selling spirituous drinks without a licence and he would be sentenced on Friday. The seizures of the alcoholic beverages were made on Wednesday. Thirty-one year old Savita Sattaur, who is the owner of Liquid Love Bar, was placed on her own recognisance after she ...

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Second person on wanted list for cocaine-in-achar bust

A man under whose car was found a grenade four years ago is now wanted in connection with cocaine found at the Cheddi Jagan International Airport earlier this month. The Customs Anti Narcotics Unit (CANU) identified the man as Tarachandra Persaud also known as Doce and Dos of Republic Park, East Bank Demerara. The agency hopes that the man would ...

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Police ranks stealing bail money, Public Accounts Committee hears

The stealing of bail money by policemen on Thursday came in for sharp scrutiny by the Public Accounts Committee during an appearance by senior accounting and administrative officers of the police force. In a specific instance involving GUY$58,500 in station bail at Kitty Police Station in 2009 that the Auditor General had said was missing, Assistant Commissioner of Police (Administration), ...

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Prison’s vehicle fuel recording system poor

The Director of Prisons, Welton Trotz on Thursday admitted that there is a lax system for the recording of fuel use by that correctional institution and he promised to take corrective measures. “There has been some lapse by driversd to show the journeys. I would have to take the flak for that,” he said. Trotz was among several senior members ...

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