• Contact Us
  • Advertise with us!
  • Classifieds
Friday, June 26, 2026
  • Login
Demerara Waves Online News- Guyana
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely
No Result
View All Result
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely
No Result
View All Result
Demerara Waves Online News- Guyana
No Result
View All Result
Home Business

GPHC removes its medical supplies from NewGPC bond; owes GYD$50 million

Denis Chabrol by Denis Chabrol
Tuesday, 6 June 2017, 17:49
in Business, News
0 0
4
GPHC removes its medical supplies from NewGPC bond; owes GYD$50 million

One of the privately-owned trucks being loaded with GPHC medical supplies at the New GPC bond. That truck later delivered the Kingston drug bond.

Last Updated on Tuesday, 6 June 2017, 20:21 by Denis Chabrol

One of the privately-owned trucks being loaded with GPHC medical supplies at the New GPC bond. That truck later delivered the boxes of items to the Kingston drug bond.

The Georgetown Public Hospital Corporation (GPHC) on Tuesday removed all  of its medical supplies from the New Guyana Pharmaceutical Corporation (NGPC) bond, leaving behind a GYD$50 million debt.

Multiple high-level sources initially could not say what the reason behind the decision  was and who exactly gave the directive for the drugs to be removed from NGPC’s bond at Industrial Site, Ruimveldt.

“I am not aware and you will have to check with management,” GPHC spokeswoman, Mitsy Campbell told Demerara Waves Online News.

Ministry of Health spokesman, Terrence Esseboom subsequently said the drugs were expired and the move to clear out the GPHC stocks is aimed at cutting expenses.

“Those drugs were expired for many many years since (Dr. Leslie Ramsammy) was Minister (of Health).  I think the rental is prohibitive so I think outside of the expiry of drugs, part of the steps could be cost-cutting,” Esseboom told Demerara Waves Online News.

The monthly rental is just about GYD$9 million.

When Demerara Waves Online News visited the NGPC Bond, one truck was being loaded with medical supplies while several others were in the compound waiting to be loaded. Sources said not all of the drugs stored there were produced or purchased from NGPC.

The truck delivering some of the medical supplies to the Government Bond at Kingston. Those boxes of items had been transported from the New GPC bond. Above the truck can be seen broken windows on the north-eastern side through which heavy rainfall can possibly enter the building and wet the boxes of items.

Sources said some of the supplies were being taken to the Larry Singh-owned bond on Sussex Street, Albouystown, Georgetown,  the Materials Management Unit (MMU) facility at Diamond and a bond at Kingston, Georgetown.

The Larry Singh bond is being rented to the Ministry of Health in what some regard as a sweetheart deal.

From observations, it appears that the cardboard boxes of bandages and other items will likely be soaked whenever there is heavy rainfall because of broken and defective windows to the north-east and northern side of the concrete building.

Well-placed sources told Demerara Waves that the GPHC now owes NGPC GYD$50,811,872 (Value Added Tax included) for storage of the supplies from January to June, 2017. The corporation, according to sources, has already paid off similar debts for last year.

Last month, the Pan American Health Organisaton/ World Health Organisation began auditing the procurement process at the Ministry of Public Health and the state-run Georgetown Public Hospital Corporation (GPHC).

Professor Jaime Espin Balbino of the Andalusian School of Public Health, Regional Ministry of Health was spearheading the forensic exercise.

Share this:

  • Print (Opens in new window) Print
  • Email a link to a friend (Opens in new window) Email
  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Telegram (Opens in new window) Telegram
  • Share on WhatsApp (Opens in new window) WhatsApp

Discover more from Demerara Waves Online News- Guyana

Subscribe to get the latest posts sent to your email.

Previous Post

City Magistrate refuses DPP’s request to commit ‘Grey Boy’ to High Court for Crum-Ewing’s murder

Next Post

Way cleared for extradition request for former GRDB accountant

Next Post
SOCU investigators search GRDB for evidence of financial crimes

Way cleared for extradition request for former GRDB accountant

Recent News

Police probe death of teen motorcyclist amid protest on Corentyne

Police probe death of teen motorcyclist amid protest on Corentyne

Thursday, 25 June 2026, 23:12
PPP condemns House Speaker’s refusal to call special sitting to debate increased salaries; denies blocking debate on no-confidence motion

PAC chairman, APNU condemn govt’s refusal to ensure PAC meets

Thursday, 25 June 2026, 21:48
Housing strategy for vulnerable, low-income Guyanese – Pres Ali

Housing strategy for vulnerable, low-income Guyanese – Pres Ali

Thursday, 25 June 2026, 20:39
Jamaica to explore collaboration with Guyana on housing – Jamaica’s PM

Jamaica to explore collaboration with Guyana on housing – Jamaica’s PM

Thursday, 25 June 2026, 20:14
OPINION: Is a broader Guyanese identity emerging?

OPINION: Is a broader Guyanese identity emerging?

Thursday, 25 June 2026, 16:48

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 158.5K other subscribers

Demerara Waves Media Inc. is a Guyana-based digital news media company committed to delivering timely, credible, and relevant news coverage. We report on key national issues, including politics, business, crime, education, health, sports, and culture, serving readers in Guyana and abroad.

Other News and Opinion Wesbsites

  • Caribbean Political Economy
  • The View From Europe
  • Pan Caribbean Voices
  • Huffington Post
  • Caribbean Life
  • New York Daily News
  • New York Post
  • Share News
  • Caricom Headquarters
  • Association of Caribbean States
  • Organisation of Eastern Caribbean States

Recommended News Links

  • Insight Guyana
  • BBC Latin America
  • Prensa Latina
  • Mercopress
  • Inter Press Service
  • Caribbean Media Corporation
  • Al Jazeera
  • Voice of America
  • Business News Americas
  • All Africa
  • Catholic News Agency
  • Xinhaunet China News Agency
  • Home
  • News
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely

© 2026 Demerara Waves Media Inc. | A GxMedia Website Solution.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Premium News
    • Politics
    • Courts
    • Crime
  • Oil & Gas
  • Business
  • Agriculture
  • Health
  • Education
  • Sport
  • Opinion
  • Podcast
  • Contribute Securely

© 2026 Demerara Waves Media Inc. | A GxMedia Website Solution.