Tag Archives: alleged fraud

The Guyana Gold Board (GGB) is finalising preparations to revoke the Mohameds gold dealership license, following the United States’ imposition of sanctions on Nazar “Shell” Mohamed and his son Azruddin, according to well-placed sources. The effect of the sanctions by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) for allegedly defrauding Guyana of US$50 million on 10 kilogrammes ...

Former General Manager of the Princess Ramada Hotel, Ugur Turetgen is wanted by Guyanese police to assist their probe into alleged fraud and immigration violation. No details were provided. Turetgen’s last known address was given by police as Track ‘B’ Block ‘Z’, Providence, East Bank Demerara which is the same address for the Princess Hotel. Police said “all information will ...