• Contact Us
  • Advertise with us!
  • Classifieds
Monday, October 5, 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 News

PNCR mum on debt to City Hall; PPP won’t seek rates and taxes cut

Written By Denis Chabrol by Written By Denis Chabrol
Friday, 30 August 2024, 12:36
in News, Politics
0 0
0
Ex army officers, PNCR stalwarts dominate executive

Congress Place, the headquarters of the People's National Congress Reform.

Last Updated on Friday, 30 August 2024, 18:28 by Writer

The People’s National Congress Reform (PNCR) on Friday avoided questions at a news conference about its alleged GY$6.7 billion debt in rates and taxes to the Georgetown City Council for its headquarters at Sophia.

Though the news conference’s panelists included the Chairman, Shurwayne Holder and Treasurer, Elson Lowe, questions on Vice President Bharrat Jagdeo’s claim that the PNCR owes the multi-billion dollar debt to the municipality were not answered.

Mr Holder and Mr Lowe also did not respond to the question about whether the Sophia headquarters property is vested in the name of a company named Maikwak Limited to which the City Council’s demand notice was issued.

No response was also provided to the question on whether the PNCR would take advantage of City Council’s just approved decision to allow political parties to pay 25 percent of their valuation for rate purposes.

Meanwhile, Mr Jagdeo, who is also the General Secretary of the governing People’s Progressive Party (PPP), said his party would not seek a rate reduction and that the rates and taxes for its Freedom House property are fully paid up. “Our taxes are paid up. We see three things outstanding…No, no no! We believe it’s wrong. We are opposed to it. Political parties must pay their full sum,” he told Demerara Waves Online News.

City Mayor, Alfred Mentore on Friday again skirted questions about whether the PNCR’s Congress Place, Sophia property is registered in the name of Maikwak Limited. He said he did not know of any account in the PNCR’s name that owes GY$6.7 billion. “I am saying there is no account that I’m aware of under the People’s National Congress Reform that has a $6.7 billion dollar debt,” he told Demerara Waves Online News.

Asked if Maikwak Limited has a GY$6.7 billion debt, the City Mayor said, “I don’t know who is Maikwak. Maikwak is a separate personality and that has to be dealt with differently,” he said. Mr Mentore said he was “very cautious about what I say” because the claim was that the PNCR owes the debt.

Tags: debtMayor & City Council (M&CC)PPPCrate reductionrates and taxes
Previous Post

Toll-free promise after Demerara, Berbice bridges’ completion

Next Post

Guyana-born former Commonwealth Secretary-General dies

Next Post
Sir Shridath Ramphal appeals for national unity ahead of elections, World Court hearings on border controversy case

Guyana-born former Commonwealth Secretary-General dies

Recent News

SOCU chief denies being detained in US

Transparency International calls for independent probe into rape allegations against Deputy Police Commissioner

Monday, 5 October 2026, 9:47
Grenadians go to the polls next month

Grenadians go to the polls next month

Sunday, 4 October 2026, 22:08
Brazil election goes to run-off as right-wing Flávio Bolsonaro wins first round

Brazil election goes to run-off as right-wing Flávio Bolsonaro wins first round

Sunday, 4 October 2026, 20:40

Corbin put aside historical differences with WPA and helped form coalition

Sunday, 4 October 2026, 20:28
Jagdeo reflects on “cordial and respectful” relationship with late Robert Corbin

Jagdeo reflects on “cordial and respectful” relationship with late Robert Corbin

Sunday, 4 October 2026, 17:29

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.