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Monthly Archives: May 2017

PM’s luxury ride- a continuation of the good times people by GHK Lall

Reference is made to the Demerara Waves online article of May 22nd, captioned “PM’s luxury ride raises eyebrows in Parliamentary Committee.”  I must admit that it did a little more than that for me: it caused the eyes to glaze over slightly.  Not again!  Not one more of these uncalled for, avoidable errors in management, in judgment, and in political ...

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Money laundering in Guyana by Sharmini Rampersaud,AICA

The Bank of Guyana (BOG) Supervision Guideline No.13 states that money laundering means: “A person commits the offence of money laundering if he knowingly or having reasonable grounds to believe that any property in whole or in part directly or indirectly represents any person’s proceed of crime…” It should be noted that “money laundering process” is continuous since illicit money ...

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Kick-starting an economy by Basil Springer

“Jesus Christ is the same yesterday and today and forever.” – Hebrews 13:8 Much energy has been spent by Barbadian leaders and professionals recently on litigation, political wrangling, poor decision making, questionable management, ego massaging, internal quarrels, media messaging and conflicting advice regarding national economic issues. If we spend this energy constructively kick-starting the Barbados economy,  then the engine of ...

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Illegal guns, ammo, marijuana seized; large Linden marijuana farm destroyed

Four persons, including a husband and wife, have been arrested in connection with separate seizures of guns, ammunition and marijuana. More than 11 kilogrammes of marijuana and two handguns were allegedly found in the possession of three persons. The fourth person was arrested in relation to the discovery of a huge marijuana farm at WISROC, Linden. The Guyana Police Force ...

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69 persons set to receive National Awards; Chancellor, Chief Justice among top awardees

Thirty-one women from various fields are among those who will be conferred with National Awards on the occasion of the 51st Anniversary of Guyana’s Independence for their outstanding service and sterling contributions toward national development. The awards will be conferred by President David Granger on behalf of the Guyana government. Leading the list of 69 awardees is Acting Chancellor of the ...

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New Commercial and Deeds Registry Board appointed

The Guyana government has appointed a Governing Board of the Deeds and Commercial Registries Authority, but its full constitution will await the parliamentary approval of the law. “The previous Board expired in May 2016 and the delay in constituting the new one was as a result of the Deeds and Commercial Registries Authority (Amendment) Bill 2017 being laid before Parliament. ...

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“Kezie” wanted for seaman’s murder

Nine days after a man was gunned down, Guyanese police on Thursday issued a wanted bulletin for a man believed to be the prime suspect. Wanted is 27-year old Ezekiel “Kezie” Edward of Diamond, East Bank Demerara. Police said the man is wanted “in connection with the murder of Roy Roland” between May 16 and 17  at Marigold Street, Roxanne ...

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Govt is pro-business but “not transparent” about oil contracts ; Jagdeo “salivating” over oil revenues

Transparency and effective planning to use massive oil revenues are among the major issues facing Guyana as the country prepares for first oil by 2020, according to a senior official of a United Kingdom-headquartered independent risk consultancy. Speaking at the 26th La Jolla Energy Conference being held in California, Control Risks’ Senior Analyst for the Andean Region, Raul Gallegos praised ...

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Higher oil prices not necessarily good for Guyana- US Professor

Lower oil prices may be to the advantage of Guyana which expects to pump first oil by 2020 because  high prices for the ‘black gold’ may trigger corruption by politicians, a University of California, San Diego Professor said Wednesday. “The higher the oil prices and the more the revenues that flow into the country, the greater the risk that politics ...

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ExxonMobil injects GYD$5 million into flood relief

The Guyana government on Wednesday said it welcomes a donation of G$5M from ExxonMobil Guyana, which will be handed over to the Civil Defence Commission (CDC) to assist in relief efforts for flood affected areas in Cuyuni-Mazaruni (Region Seven) and Potaro-Siparuni (Region Eight). Senior Director, Public and Government Affairs at ExxonMobil Guyana, Ms. Kimberly Brasington made this commitment today to Acting ...

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