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Tag Archives: Natural Resources Fund (NRF)

NRF member lodges complaint against Jagdeo to ERC

City businessman and Natural Resources Fund (NRF) Investment Committee member, Dr Terrence Campbell on Tuesday lodged a formal complaint with the Ethnic Relations Commission (ERC) against Vice President Bharrat Jagdeo for allegedly exciting racial hostility by interpreting his words to mean an attack on East Indians. At the centre of the complaint is the city businessman’s contention in a letter ...

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OPINION: NRF withdrawals—what’s the problem with specifics?

By GHK Lall The PPP Government withdrawals from Guyana’s oil fund have an addiction. Like any chronic addiction, withdrawal can be a bad mother. This is the boat in which the government has put itself into, leading to the nation’s top oilman paddling about. Nonetheless, I have some good news for my best friend, the illustrious Vice President Bharrat Jagdeo. ...

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Legal action looms over NRF’s opaque transfer of oil revenues – Campbell

Opposition-nominated member of the Investment Committee of the Natural Resources Fund (NRF), Dr Terrence Campbell on Sunday said he would be formally asking the Board to explain why transfers of oil revenues to the Consolidated Fund are done without specific information from government about how the monies would be spent. “It’s not off the table,” when asked whether legal action ...

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AFC to formally seek answers from NRF on oil money spending

The Alliance For Change (AFC) would be writing the Board of the Natural Resources Fund (NRF) to get answers about government’s failure to say specifically how oil revenues would be spent by the government, party leader Nigel Hughes said Sunday. “The Citizens of Guyana demand to know how their patrimony is being managed and disposed of,” he said. No date ...

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OPINION: What difficulty with oil money specifics, benefit of opposition presence?

by GHK Lall This is why Vice President, Dr. Bharrat Jagdeo is so dead set against an opposition face and mind around public procurement. Dr. Terrence Campbell, the opposition nominated member on the Natural Resources Fund (NRF) investment committee had his say. Dr. Jagdeo says that itemizing what is done with monies withdrawals from the NRF would be a difficult ...

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