Accountability

University of Guyana (UG) Vice Chancellor, Ivelaw Griffith will no longer be seeking a renewal of his contract, even as the workers’ unions intensified pressure on the administration for him not to return. Multiple sources confirmed that Professor Griffith informed them that he had opted to abandon plans to return to the publicly-funded tertiary institution because of family and other ...

Sherod Duncan on Thursday resumed duties as General Manager of the Guyana National Newspapers Limited (GNNL), publisher of the Guyana Chronicle, a move that apparently prompted several staff members to sick out and craft a petition to President David Granger urging him to reverse Prime Minister Moses Nagamootoo’s decision. Opposition Leader Bharrat Jagdeo also on Thursday accused the Alliance For ...

A senior official in the leadership of the Alliance For Change (AFC) Wednesday night poured cold water on Prime Minister Nagamootoo’s instruction to the Guyana Chronicle’s Board of Directors to withdraw its decision to sack Sherod Duncan from the post of General Manager over alleged financial mismanagement. The official told Demerara Waves Online News on condition of anonymity that Duncan’s ...

The outgoing Chairperson of the Board of Directors of the Guyana National Newspapers Limited (GNNL), publisher of the Guyana Chronicle state newspaper, Geeta Chandan-Edmond Tuesday evening insisted to Prime Minister Moses Nagamootoo that a vote was taken to fire just reinstated Sherod Duncan from the post of General Manager. She said the evidence in the files show that she cast ...

The Guyana Sugar Corporation (GuySuCo) on Tuesday denied accusations that it has not been accounting for more than GYD$7 billion disbursed from a GYD$30 billion bond, and insisted that it does not have to report to government’s holding company for state assets. GuySuCo’s Chief Executive Officer, Dr. Harold Davis Jr., in an initial reaction pending a comprehensive response to claims ...

Sherod Duncan, the man who an audit found engaged in unnecessary spending without following procedures, is returning to the post of General Manager of the state-owned Guyana National Newspapers Limited (GNNL), publisher of the Guyana Chronicle newspaper, well-placed sources said. Demerara Waves Online News has since seen a copy of Prime Minister Moses Nagamootoo’s letter to the Chairperson of the ...

The National Industrial and Commercial Investments Limited (NICIL) on Monday said holders of a GYD$30 billion bond to help revive the Guyana Sugar Corporation (GuySuCo) have begun asking questions about how the State-owned corporation has spent GYD$7.4 billion dollars disbursed so far. “The bondholders and the trustees are not happy with the information coming from NICIL,” Head of NICIL, Colvin ...

An Indian-Ghanaian-Guyanese consortium is likely to buy out the Rose Hall sugar estate, the first of three that is on the selling block, government’s holding company of state assets announced Monday. Officials said they hoped to seal the deal by July, 2019. Head of the National Industrial and Commercial Investments Limited’s Special Purpose Unit (NICIL-SPU), Colvin Heath-London said the consortium ...

In the wake of concerns about how a gold miner, who had been held with 30 pounds of raw gold, eventually got a dealer’s licence, an independent review of the nine licencees shows that none of them benefited from favouritism by the Guyana Gold Board (GGB). “We are satisfied that none of the applicants appear to have been given special ...

The Guyana Gold Board (GGB) on Monday confirmed that a gold dealer’s licence was issued to Adolphus Mining Inc. after checks and verification were done on one of the company’s principals in whose possession a large quantity of raw gold had been found. The Board also confirmed that television reporter, Travis Chase is a director of the company which was ...