Month: January 2019

Guyana will have to repay approximately 4.75 per cent interest on the whopping $30 billion bond it secured recently to revitalise the operations of the three estates which fall under the management of the Guyana Sugar Corporation (GuySuCo) or all of the assets and companies owned by the National Industrial Commercial and Investment Limited (NICIL) could be lost. A source close to the Finance Ministry’s Special Purposes Unit (SPU) told Guyana Times that while the interest rates secured would appear to be very favourable, the implications of failing to consistently…

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A Guyana Defence Force (GDF) Captain has been arrested following a shooting which resulted in the death of his girlfriend in Alexander Village, Georgetown. Dead is Reona Payne. According to reports received, at around 11:00h, the couple was in a car bearing registration number PWW 7163, proceeding along First Street, Alexander Village. Subsequently, residents of the area heard the now dead woman and the GDF Captain Orwain Sandy arguing, after which she was reportedly seen exiting the vehicle. Sandy then followed her carrying a loaded firearm and discharged several rounds…

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Miners operating in the Upper Cuyuni River say they are at the mercy of the ruthless Sandicato Gang as they begged the Government to provide escort services as they traverse the river following attacks by members of the said Gang. According to the miners in their appeal for help, the situation is hampering their businesses. They claim that members of the Venezuela-based Sindicato Gang have set up a camp about three miles below Eteringbang on the Cuyuni River and is stopping all boats (both Venezuelan and Guyanese), demanding gold and…

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says “troubling questions” raised in report Even as Government continues to review the Commission of Inquiry (CoI) report into the Lindo Creek Massacre, Commander-in-Chief of the Armed Forces, Brigadier David Granger, on Wednesday said that those officers who are implicated in the Lindo Creek Massacre will face the consequences of their actions. “The report’s recommendations will be acted upon in due course. The days of concealing security sector mistakes and misdeeds are over. The Force’s officers will be held accountable for the consequences of their actions, and for the instructions…

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After years of mistreating and neglecting her children, a 26-year-old mother of two has fatally stabbed her three-year-old son because she reportedly had a dream that she would die on August 25. The infant Ramdeo Ferreira of Lot 585-Fifteenth Street, Foulis, East Coast Demerara is now dead following an ordeal that, according to the Police report, began at about 09:45h on said day, when this mother began pursuing her hapless infant in the yard with a knife in her hand. A few minutes later, ranks at the Enmore Police Outpost…

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The International Union of Food, Agricultural, Hotel, Restaurant, Catering, Tobacco and Allied Workers’ Association (IUF), an international trade union confederation, through its General Secretary Sue Longley, expressed strong concerns over the reducing of the sugar via a letter issued to President David Granger. The IUF has strongly urged the President that his Government to “…actively look at the plight that have befallen the thousands of workers of the sugar industry who have lost their livelihood…” The trade union body said the situation “…if left unchecked, would not be in the…

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…as marshals move to execute High Court order …managers, security guards arrested …bank settles $59M payment It was high drama outside New Building Society (NBS) as attempts to execute a High Court order on the entity’s properties resulted in a standoff between lawyers, bank officials and the Police. Lawyers for litigant Maurice Arjoon, accompanied by High Court Marshals, descended on New Building Society to levy for a $59M court awarded judgement. What followed after was a protracted standoff from out of a movie, a Police officer, a Court Marshal and…

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Following the passage of the no-confidence motion filed by the People’s Progressive Party (PPP) Opposition against the APNU/AFC Coalition, Prime Minister Moses Nagamootoo said that Government will be upholding the law. This means, in accordance with the Constitution of Guyana, the Coalition administration will have to resign and call national elections within the next three months. The Guyanese must understand that the democratic process is sometimes unpredictable. You may have results that are not planned for… but the outcome has to be accepted… It may be a surprise to some,…

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A father and son are now hospitalised after three armed bandits attacked their Corentyne, Berbice, business, terrorising them. The incident occurred at about 18:00h at the Lot 6 Cromarty Farm, property where the family operates a grocery shop that is attached to their house. Injured are 52-year-old Dhirah Kumar and his 22-year-old son, Balram, who was shot to his jaw. Guyana Times understands that three men – one masked, one carrying a gun and the other a cutlass – entered the grocery store, which Kumar and his son operates. According…

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Annette Ferguson – Vice Chair Dr George Norton 2nd Vice Chiar Loud cheers erupted in the wee hours of August 20 at Congress Place, Sophia, Greater Georgetown, as longstanding party member Volda Lawrence was officially declared Chairperson of the People’s National Congress Reform (PNCR), creating history in the party as the first woman to hold the post. At about 01:00h on Monday, the votes were tabulated and Lawrence emerged victorious in front of former Chairman, Attorney General and Legal Affairs Minister, Basil Williams; and bypassing fellow contender, Minister of State…

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