Guardians of Guyana
By Abena Rockcliffe The term “friends with benefits” was magnified in a section of the National Industrial and Commercial Investments Limited (NICIL) audit report which confirmed that Dr. Ranjisingh ‘Bobby’ Ramroop—best friend of former President Bharrat Jagdeo—was able to grab the Sanata Complex at a gift price. The report also highlighted NICIL’s admittance that it … Read more
The US$57M Marriott Hotel is significantly completed but there questions remain as to where Government is finding the money from to continue construction and other critical works.Initially, Government had plugged in US$20M leaving it to find another US$37M from a private investor and a syndicated loan from Republic Bank Trinidad Limited.However, that US$37M had remained … Read more
Law contains deficiencies, inaccuracies, not exhaustive enough – Finance Ministry Government says that the legislation regarding tax holidays and concessions contain a number of obvious deficiencies and various inaccuracies and omissions. This is according to a release from the Ministry of Finance which sought to clarify the recent controversy surrounding the tax holidays and tax … Read more