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Tag Archives: Vice President Bharrat Jagdeo

Organisation for the Victory of the People says insufficient evidence to support sale of Guyana to China

The Leader of the small non-parliamentary opposition Organisation for the Victory of the People (OVP) political party, Gerald Perreira does not believe there is sufficient evidence in the American Vice News report to link Vice President Bharrat Jagdeo and Chinese businessman Su Zhi Rong to the sale of Guyana to China. “I don’t think they provided enough evidence. I don’t ...

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Opposition Leader flags suspicious aspects of Mr. Jagdeo’s interactions with foreign journalist

Opposition Leader Aubrey Norton on Monday highlighted several aspects of Vice President Bharrat Jagdeo’s interaction with a foreign journalist that raise serious questions about his alleged role in business dealings with his friend and tenant, Su Zhi Rong. “Why is it this wasn’t done in the government office that is the official office? Why is it done in the home ...

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AFC calls for international audit probe into procurement of contracts

The Alliance For Change (AFC) on Sunday urged the Guyana g0vernment to hire international auditors to investigate the award of large-scale contracts, in the wake of an American news feature that cast the spotlight on alleged underhand dealings mainly with Chinese investors. The AFC’s call was triggered after news circulated earlier Sunday based on a Vice News report in which ...

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Jagdeo takes aim at Su in alleged bribery-for-investment scandal; to evict him from house

Vice President Bharrat Jagdeo on Sunday fended off fresh claims that he takes bribes from Chinese investors and said he would possibly take legal action against Guyana-based Chinese businessman, Su Zhi Rong for sullying his name and engaging in extortion. “Su denied having said this. Now, I have seen the release that he has actually said this so now I’ll ...

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Jagdeo says facilitates investments, amid Su claims of under-the-table “processing” fee

Vice President Bharrat Jagdeo has indicated that he facilitates investment deals but does not get into the actual financial transactions, during facilitation talks at his residence by Chinese businessman, Su Zhi Rong, in the presence of Vice News journalists posing as Chinese investors who were interested in a large scale investment opportunity for prime lands that could accommodate a hotel ...

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Norton’s gas price subsidy is “cake-shop” economics – Jagdeo

Vice President Bharrat Jagdeo on Wednesday frowned on Opposition Leader Aubrey Norton’s proposed subsidy on the price of gasoline in order to ease the rising cost of living. Mr Norton specifically recommended that the government should ensure gas prices do not increase above a determined level by compensating suppliers for any price increases where the excise tax reductions have already ...

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Oil spill insurance pegged at US$600 million “per event” – Jagdeo

The ExxonMobil-controlled consortium that is exploring and producing crude oil in the offshore Stabroek Block has agreed to take out a US$600 million insurance “per event” to cater for any oil spill clean-up, even as talks continue for a US$2 billion parent company guarantee, Vice President Bharrat Jagdeo said Wednesday. He told a news conference that consortium named Esso Exploration ...

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CGX to give up more of its concessions for auction

Vice President Bharrat Jagdeo on Wednesday indicated that the government has asked CGX Energy to relinquish parts of its offshore concessions so that they could be added to a list of areas to be auctioned later this year. He made it clear that CGX Energy, which is in a joint venture with fellow Canadian company Frontera, would be giving up ...

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June 2023