Month: January 2019

…expected back in Guyana to face murder charge The month of November started off with news that Guyanese Philanthropist Marcus Bisram is expected back in Guyana to face a murder charge after he lost an extradition challenge in a New York court. Bisram is wanted in Guyana for the murder of a Berbice carpenter. District Judge, Kiyo A Matsumoto presided over the case on Tuesday, where she upheld that there was sufficient evidence for Bisram to be repatriated to Guyana. Judge of the Eastern District, Peggy Kuo had similarly ruled…

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Shockwaves were rippling through the West Bank Demerara (WBD) village of La Grange, following the death of a one-year-old, who met his demise after he eat carbon tablets (rat poison). The dead child was identified as Andre Keron Tappin of Lot 18 La Grange Public Road, WBD. Police Public Relations Officer (PRO), Superintendent Jairam Ramlakhan confirmed reports that young Tappin was taken to the Georgetown Public Hospital by his mother after she observed he was vomiting on Wednesday. Reports stated that the child would usually be left in the care…

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…high powered weapons recovered Five armed bandits, who were allegedly attempting to rob a house at Pattersen, Turkeyen, Greater Georgetown were shot dead during a gun battle with the Police. The dead men have been identified as 38-year-old Timothy St Hill of Warlock, East Ruimveldt, Georgetown and also Diamond New Housing Scheme, East Bank Demerara; Andrew Daly, 40, of Westminster, West Bank Demerara; Levi Braithwaite, 31, of North Ruimveldt and also of Albouystown, Georgetown; Ian Forde and Jermaine Doobay.

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Three suspected bandits were killed in a shootout with Police ranks at the Kingston Seawall opposite the Guyana National Service Ground in Georgetown as they were reportedly attempting to rob a customer who they had trailed from a city bank. Those killed were 46-year-old Dextroy Cordis, also known as “Dutty,” a resident of Grove, East Bank Demerara; Kwame Assanah of Buxton, East Coast Demerara; and 57-year-old Errol Adams, also known as “Dynamite”, of Dartmouth, Essequibo Coast and of Buxton, East Coast Demerara. The Police had reported that ranks performing duties…

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fined, handed two year ban by regulator for alleged fraud NICIL says firm to commence work in Guyana shortly Pricewaterhouse Coopers, the international audit firm selected by the coalition government to valuate Guyana Sugar Corporation (GUYSUCO) multi-billion dollar assets, has actually been banned from auditing listed companies in India due to its alleged involvement in fraud. According to a report originating from international news agency Reuters, the company was handed the two year ban in January for allegedly overstating earnings and assets for Indian Software Company, Satyam Computer Services. The…

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…despite pre-election criticisms, forensic audit recommendations Pre-2015, the then Opposition had been heavily critical of the powers wielded by the National Industrial and Commercial Investments Limited (NICIL). Specifically, there had been much criticism of NICIL retaining dividends from several state-owned entities. However, now that the A Partnership for National Unity and Alliance for Change (APNU/AFC) are in Government and with a forensic audit conducted by former Auditor General Anand Goolsarran, nothing has changed about the operation of NICIL. According to a closely placed source, the APNU/AFC Government continues to run…

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A fire of unknown origin on Sunday afternoon gutted a “B” Field, Sophia, Greater Georgetown house leaving at least 12 persons homeless. The fire reportedly started just after midday in the lower flat of the building and quickly spread to the entire building this leaving the occupants anytime to save any household items. The fire was first detected by an occupant of the house who immediately raised an alarm. By doing so, the other occupants of the house ran to safety and the fire fighters were summoned. However, by the…

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Joyclyn Joseph, 72, of YY Bent Street, Wortmanville, Georgetown was killed on January 2 after she was struck down by a speeding car on Brickdam, Georgetown, while on her way to uplift her pension from the Bourda Post Office. Police investigations revealed that motorcar PLL 2838 driven by a 35-year-old labourer of ‘A’ Field Sophia, Greater Georgetown, was proceeding east along Brickdam Public Road, allegedly at a fast rate, in anticipation of passing the stop light at the intersection of Winter Place. The light was reportedly showing “green” with a…

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-says misuse of funds has caused worry for lenders The National Industrial and Commercial Investments Limited (NICIL) is expressing concern over the Guyana Sugar Corporation’s (GuySuCo) use of money from the syndicated bond it raised for unauthorized purposes. Days after reports that Republic Bank halted GuySuCo’s bond financing over misuse of funds, the very entity that raised the funds has joined in expressing concern. In a statement, NICIL’s Special Purpose Unit head Colvin Heath London made it clear that GuySuCo appropriated the funds for unauthorized expenses. In fact, London said…

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Police in A Division (Georgetown) were investigating a break-in at the Finance Ministry during which several documents and hard drives, among other items, were stolen. Guyana Times was told that the burglary is believed to have taken place sometime on Friday evening into the wee hours of Saturday morning. It was reported that the discovery was made later Saturday morning when employees showed up for work. Upon realising that the documents and data-saving devices were missing, authorities at the Ministry were informed and the Police was called in. This newspaper…

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