• Contact Us
  • Advertise with us!
  • Classifieds
Wednesday, April 29, 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

Ousted Guyana Public Service Coop Credit Union managers blocked from travelling on tickets purchased with entity’s funds

Denis Chabrol by Denis Chabrol
Wednesday, 13 June 2018, 23:50
in Business, News
0 0
0
Public Service Credit Union rubbishes govt’s demand for GY$49 million waivers

The Guyana Public Service Cooperative Credit Union, Hadfield Street, Newburg, Georgetown.

The Guyana Public Service Cooperative Credit Union, Hadfield Street, Newburg, Georgetown.

Ousted Management Committee members of the Guyana Public Service Cooperative Credit Union (GPSCCU) were blocked from travelling to Trinidad this week on tickets purchased with the credit union’s funds, well-placed sources said.

“We can’t have them travelling… We can’t have them go out there to represent us, given the issues that we still have with them now,” one of the sources said.

Five ordinary staff members of the GPSCCU left Wednesday to represent the micro finance institution at the  Caribbean Confederation  of Credit Unions’ 61st Annual International Convention scheduled to be held in Port-of-Spain from June 15 to 20, 2018.

The sources said based on projected expenses, the trip would have cost the Credit Union almost US$25,000 in per diem and other out-of-pocket expenses plus air-fare, hotel accommodation.  Under the watchful eyes of police, an estimated US$23,000 have since been removed from a cupboard that has been assigned to the Credit Union’s Secretary Manager Trevor James Benn (not the Commissioner of the Guyana Lands and Surveys Commission). That money was for the per diem and other allowances for the delegates.

The officials told Demerara Waves Online News that the GPSCCU was, however, unable to secure a refund of the tickets for Chairman of the former Management Committee, Patricia Went; President of the Guyana Public Service Union, Patrick Yarde; Permanent Secretary of the Ministry of the Presidency’s Department of the Public Service, Reginald Brotherson; member of the Modernisation Committee, Grace Mc Kend; Senior Accountant, Areola Griffith; Internal Auditor, Ulanie Durant, as well as Sharon Gentle, Wendell Collins; Kenneth Watson and Nagoya Marques.

“The tickets were cancelled for the old management team. They can’t travel on the tickets that were paid for by the Credit Union,” one of the sources said.

Indications are that Yarde has already secured a refund from the GPSCCU for payments made for hotel accommodation for the delegates with his personal credit card.

Meanwhile, James Benn has written to at least one bank, stating that there was a legal issue and cheques already signed by the former Management Committee should not be honoured. Those cheques, the sources said, are expected to be cashed when presented in keeping with the law governing the takeover of credit unions bu the Chief Cooperatives Officer.

Benn is yet to resume duty at the Hadfield Street, Georgetown headquarters since the Chief Cooperatives Officer at the Ministry of Social Protection’s Department of Labour, Perlina Gifth took control of the institution last month.

At issue is the Ministry’s claim of GY$49.6 million to the Audit and Supervision Fund from 2002 to 2013.

The estimated 14,000 members of the Credit Union are yet to be paid dividends for several years because an Annual General Meeting has not been held.

An audit is currently being conducted to pave the way for Annual General Meeting and eventual handover to a new body of elected officials.

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

Foreign Affairs Committee summons Immigration Minister over 20,000 Haitians, Cubans in Guyana

Next Post

Roxanne Myers “fit and proper” to be GECOM’s Chief Elections Officer; evaluation is subjective- GECOM Chairman

Next Post
GECOM Chairman rejects re-employment of Vishnu Persaud as Deputy Chief Elections Officer

Roxanne Myers "fit and proper" to be GECOM's Chief Elections Officer; evaluation is subjective- GECOM Chairman

Recent News

EPA seeks satellite images to probe fishermen’s reports of sea pollution

OPINION: Nah dutty the place, man. Start with yourself.

Tuesday, 28 April 2026, 19:20
OPINION: Charles Ramson, Jr. for president, not just yet

OPINION: Wales GTE: where’s the mastermind?

Tuesday, 28 April 2026, 19:13
BroochGate: CARICOM Secretariat cautions members attempt at legitimising Venezuela’s Essequibo claims

BroochGate: CARICOM Secretariat cautions members attempt at legitimising Venezuela’s Essequibo claims

Tuesday, 28 April 2026, 18:02
Guyana formally protests CARICOM leaders’ tolerance of Venezuelan President’s Essequibo brooch

Guyana formally protests CARICOM leaders’ tolerance of Venezuelan President’s Essequibo brooch

Tuesday, 28 April 2026, 13:58
Guyana minister raps CARICOM nations for indulging Venezuela President with Essequibo brooch

Guyana minister raps CARICOM nations for indulging Venezuela President with Essequibo brooch

Tuesday, 28 April 2026, 9:01

Subscribe to Blog via Email

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

Join 156.7K 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.