ExxonMobil Sunday night said a US$18 million signing bonus was deposited into a government account at the Bank of Guyana last year, and called for such transactions with all other companies to be made public in the future. Country Manager of ExxonMobil (Guyana), Rod Henson told reporters that this country merely earned a bonus that is “customary and normal” in ...
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Another Berbice cop arrested for road death
Police said a speeding motor cyclist was killed early Sunday morning when he allegedly slammed into a car. Dead is 28-year old Gavin Crandon of Angoy’s Avenue, New Amsterdam. He was pronounced dead on arrival at the New Amsterdam Hospital. The pillion rider, 15-year old Hubert Williamson, was treated and transferred to the Georgetown Public Hospital. Investigators said at about ...
Read More »Policeman arrested in connection with fatal road accident
An off-duty police Constable is under close arrest following a fatal accident which occurred Saturday evening on the Rosignol Public Road, West Coast Berbice, the Guyana Police Force said. The law enforcement agency said at about 6:50 PM said pedal cyclist Daymon Barran,43 , of 103 William Street,Rosignol perished in the mishap. The police force said the Constable, who is stationed ...
Read More »No permission for Guyana law school; Nandlall says Williams lied
Attorney General and Minister of Legal Affairs, Basil Williams on Saturday said the Caribbean’s Council for Legal Education (CLE) has effectively blocked the establishment of the planned Joseph Haynes Law School, prompting his immediate predecessor, Anil Nandlall to reiterate that no decision had ever been taken in favour of Guyana doing so. “New Chairman of the Council of Legal ...
Read More »Private criminal charges loom over ExxonMobil’s multi-million US dollar signing bonus
Chartered Accountant and Attorney-at-Law, Christopher Ram on Saturday signaled that private criminal charges might be laid against several top Guyana government ministers and officials for allegedly failing to deposit a multi-million United States (US) dollar signing bonus from ExxonMobil into the Consolidated Fund. Ram said he did not regard taking the matter to the police, but indicated that it was ...
Read More »“Come off of our laurels” and build partnerships for local content- Finance Minister; justifies Chinese companies winning contracts
Finance Minister, Winston Jordan railed against the sale of bottled Jamaican water at the Cheddi Jagan International Airport and at the same time defended the hiring of Chinese companies to point out that Guyanese are not doing enough to take advantage of business opportunities but still complain. “I don’t want to hear anything more about our national airport selling water ...
Read More »Govt receives ExxonMobil funds to help fight Guyana-Venezuela border controversy; some contract details disclosed
Minister of Natural Resources, Raphael Trotman on Friday confirmed that United States (US) oil giant, ExxonMobil, will help fund Guyana’s legal fees to settle the border controversy with Venezuela. “Yes, Mr. Speaker, there is a sum and yes it is reserved to safeguard this country,” he said the same day that two local newspapers published a September 2016 letter by ...
Read More »DNA testing to be done locally from next year
The Inter-American Development Bank (IDB) is to fund the upgrade of Guyana’s Forensic Laboratory to allow it to conduct DNA tests after an assessment had found several deficiencies, Minister of Public Security Khemraj Ramjattan announced. Ramjattan told Demerara Waves Online News that the Head of the Citizen Security Programme, Dr. Clement Henry has indicated to him that the DNA testing ...
Read More »Major UK firm to valuate Guysuco’s assets up for sale
The United Kingdom-headquartered auditing and financial services company, PricewaterhouseCoopers (PwC), has been selected to conduct a valuation of assets of the state-owned Guyana Sugar Corporation (Guysuco). The announcement was made Thursday by the Special Purpose Unit (SPU) under the National Industrial & Commercial Investments Limited (NICIL), Thursday announced that PricewaterhouseCoopers (PwC) has been selected by the SPU. The international financial services provider ...
Read More »AFC says severance pay for sugar workers not sufficient
As details emerge in the National Assembly about plans to pay severance to sacked sugar workers and lease them land, the Alliance For Change (AFC) Thursday night called for much more than that. “The AFC looks forward to an amicable resolution to this issue, but insists that as the Yuletide season is upon us, workers must not be adversely affected ...
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