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Daily Archives: Friday, 19 June 2015, 23:54

More than GUY$10 million in your possession could soon be seized

Last Updated on Friday, 19 June 2015, 23:48 by GxMedia If the newly-elected government gets its way, Guyanese in possession of more than GUY$10 million could have their cash seized if reasonable grounds are established when amendments to the money laundering law are passed. Using its simple majority of 33 seats in the National Assembly, government is expected approve the ...

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CGX granted oil exploration extension; unfazed by Venezuela’s recent maritime claim

Last Updated on Friday, 19 June 2015, 21:39 by GxMedia The Canada-based oil exploration company, CGX Energy, says Guyana on Thursday granted an extension on its work commitment on the Corentyne Block offshore the South American country. The company also says that Venezuela’s recent unilateral extension of its maritime boundary to take in all the waters off the Essequibo Coast ...

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Government to file response in ‘PSC order’ court case

Last Updated on Friday, 19 June 2015, 20:30 by GxMedia by Zena Henry The lawyer for Junior Minister of Social Protection, Simona Broomes is expected to file a response against the court challenge opposing an alleged order that she gave to the Public Service Commission (PSC) concerning the appointment of persons to the newly formed ministry. People’s Progressive Party (PPP) ...

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DEA to beef up presence in Guyana

Last Updated on Friday, 19 June 2015, 20:21 by GxMedia The United States’ (US) Drug Enforcement Administration (DEA) is working towards strengthening its presence in Guyana even as its existing operations bears fruit, says Chargé d’ Affaires of the US Embassy in Guyana, Bryan Hunt.  “At the moment their presence are short-term personnel who rotate through the office…the DEA at ...

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Forest industry businessman shot, robbed

Last Updated on Friday, 19 June 2015, 20:06 by GxMedia A wood exporter was Friday shot and robbed of GUY$2 million by armed bandits at North Ruimveldt, Georgetown, police said. The victim has been identified as 67-year old Reginald Manbodh, a one-time executive member of the Forest Producers Association. Investigators said that about 12:45 PM, he had just returned home in ...

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US thumbs up amendments to money laundering law; opposition shocked

Last Updated on Friday, 19 June 2015, 20:04 by GxMedia Chargé d’ Affaires of the United States (U.S.) Embassy in Guyana, Bryan Hunt, says amendments to the anti-money laundering legislation the coalition government is preparing to table in the National Assembly will make Guyana compliant with international requirements. The legislation – the Anti-Money Laundering Countering the Financing of Terrorism (CFATF) (Amendment) ...

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Foreign help will be sought to track stashed out-of-State assets- Finance Minister

Last Updated on Friday, 19 June 2015, 19:17 by GxMedia by Zena Henry Minister of Finance Winston Jordan has noted says international assistance will be required to track State assets that might have been stashed outside of Guyana. The A Partnership for National Unity+ Alliance for Change (APNU+AFC) government believes that under the People’s Progressive Party (PPP), the system became ...

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Court says Williams’ youth director ID for PSC determination

Last Updated on Friday, 19 June 2015, 19:11 by GxMedia by Zena Henry Chief Justice Ian Chang has placed a temporary hold on the appointment of Alliance for Change (AFC) member, Trevor Williams as Director of Youth, ordering that his appointment to the public officebe determined by the Public Service Commission (PSC). Williams will have to explain to the court ...

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