After a stand-off of several hours, the New Building Society (NBS) on Tuesday paid up a more than GY$59 million dollar dismissal judgement to former Chief Executive Officer of the New Building Society (NBS), Maurice Arjoon. Sources told Demerara Waves Online News that the cheque has been already written and handed over. High Court Marshals and Arjoon’ s lawyers descended ...

Several customers, a High Court Marshal, lawyer and policeman were Tuesday afternoon among several persons locked inside the New Building Society (NBS) headquarters for several hours, raising concerns about alleged false imprisonment. Deputy Commander for ‘A’ Division of the Guyana Police Force, Senior Superintendent Wendell Blanhum said legal action was being contemplated. Blanhum told NBS lawyer, Ashton Chase that he ...

High Court Marshals and police were Tuesday levying on the assets of the New Building Society (NBS), Guyana’s premier mortgage institution, to the amount of GY$59 million. That is in keeping with a High Court decision that former NBS official,  Maurice Arjoon, should be compensated for wrongful dismissal. Customers and other persons were prevented from entering the NBS headquarters after ...

The National Telecommunications Agency (NATA), which will be responsible for spectrum management and licensing of wireless communication service providers, is about to be established but liberalisation of the telecommunications sector is largely hinged on the settlement of a US$44 million tax claim against the Guyana Telephone and Telegraph Company (GTT). GT&T continues to maintain that it enjoy a monopoly on ...

A 16-year old student was early Monday morning caught by a gold miner moments after he and three other accomplices robbed him on the Kitty Public Road, police said. Sources said the teenage boy is a student of St. Winefride’s Secondary School, Garnett Street, Newtown, Georgetown. He lives at Kitty Public Road. “A gold miner who early this morning was ...

Attorney General, Basil Williams on Monday said indicated he is not yet ready to inform the Caribbean’c Council of Legal Education who are the members of a committee who will meet with that regional body that governs the quality and standards of legal education. Williams also took the opportunity to again criticise CLE Chairman, Senior Counsel Reginald Armour and accuse ...

Central government would go ahead and implement projects and programmes in People’s Progressive Party Civic (PPPC)-controlled regional and town councils if their top elected officials continue to boycott the annual local government conferences, Minister of Communities Ronald Bulkan said. The PPP-aligned Regional Chairmen of Regions Eight and Nine defended their participation in the conference, but Opposition Leader Bharrat Jagdeo said ...

The opposition People’s Progressive Party (PPP) on Friday said now it has failed to pressure government into keeping several Guyana Sugar Corporation (Guysuco) estates opened and avoid sacking 4,000 odd workers, it would keep up the pressure on protecting workers’ rights in any privatisation deal. “Now that the termination has been done- we were opposed to it- closure of these ...

Three persons were late Friday arrested, and a large quantity of suspected cocaine and several vehicles seized by agents of the Customs Anti-Narcotics Unit (CANU), that anti-drug agency said. Those arrested include a brother and sister- Junior Owen Singh and Nickela Craig-Singh.  CANU said the suspected narcotic weighed five kilogrammes. CANU said the operations were conducted in the Soesdyke area late ...

The National Cadet Corps (NCC) was officially resuscitated today, following a launching ceremony at the Hope Secondary School, East Coast Demerara, following months of consultations with major stakeholders, including Education and Regional administrative officials, the Ministers of Social Cohesion and Education, George Norton and Nicolette Henry, respectively attended the event along with students from the schools participating in the initial ...