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Gold Board staff sent home as part of fraud probe

Written By Denis Chabrol by Written By Denis Chabrol
Thursday, 9 November 2017, 18:45
in Business, Crime, News
0 0
3
Canadian gold refinery wants Guyana to tighten anti-money laundering system; source of gold systems

FLASH BACK: Acting General Manager of the Guyana Gold Board, Eondrene Thompson, and Chairman of the Gold Board's Directors, Gabriel Lall meeting with Mr. Steve Higgins, Director, Storage and Refining Solutions and Mr. Derek Hall, Manager of Compliance.

Last Updated on Thursday, 9 November 2017, 19:18 by Written By Denis Chabrol

FLASH BACK: Acting General Manager of the Guyana Gold Board, Eondrene Thompson, and Chairman of the Gold Board’s Directors, Gabriel Lall meeting with Mr. Steve Higgins, Director, Storage and Refining Solutions and Mr. Derek Hall, Manager of Compliance.

Two employees of the Guyana Gold Board have been sent on leave pending an investigation into an alleged multi-million dollar fraud, Chairman of the semi-autonomous agency, Gabriel Lall told Demerara Waves Online News.

“I am confirming that two workers were sent home pending an investigation into irregularities,” he said.

Demerara Waves Online News was told by sources that the Accountant, Roseanna Ramnarine and Clerk, Debra Forbes were gravely implicated in the scheme.  They have been working there for decades.

The Board of Directors reportedly ratified a decision that had been already taken. Top police sources have confirmed that law enforcement agents have already questioned the duo.

Indications are that as much as GYD$2 million had been allegedly creamed off from clients’ payments in one week.

Sources said sometimes gold is sold to the entity but sellers  do not always receive their full payment.

Sources said the alleged scam could cast a shadow over the Guyana Gold Board which recently was the subject of a due diligence by Royal Canadian Mint, one of its major purchasers.

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