Guyana Government cannot account for BILLION$

What is happening in Guyana? Has the PPP Government literally robbed Guyana of billions of dollar$ per year? Can we petition the international agencies as Cheddie did to track these millions of US Dollars?

Look at the accounts of the Government for 2007. Billions of Guyanese dollars cannot be accounted for. Assume the minimum amount of US$100 million is unaccounted for (stolen) in 2007... now multiply that by the number of years PPP is in Government.

Who will help Guyana? Is this country now totally lost?

The Auditor General report for 2007 shows numerous deficiencies and DELIBERATE falsification of accounts.
- Grants received by the Government not recorded. Therefore there is no trace of where the monies have gone or whose bank account deposited into.
- Contingencies Fund abused to pay expenses that do not qualify for such funding.
- $3.1B were drawn from the Fund by way of 115 advances and as at 31 December 2007, sixty-four of these advances totaling $1.459B remained outstanding.
- PLUS over 600 million in liabilities still on the books – add 600m to the 1.459 billion = 2.1 BILLION DOLLARS.
- Understatements in other areas.
- Consolidated Fund overdrawn by 47 BILLION dollars.
- 42 Inactive bank accounts
- The 42 inactive accounts had overdrafts of 686 MILLION dollars
- BILLION of DOLLARS used by the Government in 2007 and cannot be accounted for

Worth repeating: BILLION DOLLARS cannot be accounted for – 100 MILLION US DOLLARS?

Isn't Minister Ashni Singh a qualified Accountant? Well done Ashni!

God help Guyana.

Clico payouts

Clico is in the news again.

Previously we had learnt that Geeta Knight allegedly pocketed $200million through a cover company she had set up to (supposedly) offer security services to Clico.

It appears that the directors have all been involved in FredSookdeoism since they all have been up to one skullduggery or another. One director stood to gain $45million through well-devised schemes.

Our question to be asked: How much of the 1.5 BILLION dollars went to Government friends, unions and associates of the president?

We also note that Geeta Knight remains a member on the GuySuCo board. Question - Is this the same Person whose husband was once the Finance Director and acting CEO for GuySuCo?

Bye Michael Jackson

Thank you for the music!
The best, Earth song
http://www.youtube.com/watch?v=f8muMo0fw_M&feature=related

Shiela Holder - Telecoms owner

Sometime ago Shiela Holder called on the Government to take action on the GT&T's monopoly. Here is a parliamentarian who is protecting her own interest.

Like Clinton who said the act is not really the act....Shiela is saying that her family business is the selling of data and voice - but that it is not telecommunications. Furthermore Shiela is saying that when there is no monopoly then there is no need for telecommuncations regulation.

Therefore when the GT&T's monopoly ends in 2010, there will be no need for PUC as far as telecoms is concerned. No wonder Digicel takes GT&T to court! No wonder GT&T wants to get rid of it quicker than a hotplate! No wonder I-net is agitating in parliament to break the monopoly. Watch out Guyana. The days for wild-west telecomms is coming!

Any comments on this Prem?

Here is what Sheila wrote in 2004 in defence of her family's business.
Had the PUC Chairman respected the quasi-judicial role of the PUC in being the facilitator and an honest broker in balancing the scales between the interest of the utility and the rights of the consumer, he would not have made the improper reference to i-Net Communications Inc. in which my husband is an investor and the CEO.
He further compounded the faux pas by erroneously stating that i-Net is a telecommunications company, which the PUC has not gotten around to regulating. Surely the Chairman should know that i-Net Communications Inc. is a Guyanese Company offering competitive computer, broadband and internet services (there are many other companies offering such services in Guyana) and as such does not qualify to be regulated, since in a market economy, only monopolies need to be regulated.

Clico-Knight

A knight in shining armour. Singing-Knights.

Typical scandal except that in Guyana these scandal-makers face no charges or consequences and retain top positions in national boards.

Here is a top executive of a company - sets up a side-company to funnel monies into. Assists in bleeding the original company dry.

And, the knight still a part of the sugar board?

Jagdeo's trippps

“We don’t have any obligation to announce every time the president leaves the country,” said President Bharrat Jagdeo’s Press Liaison Officer, Kwame Mc Coy

Ok kwamy, we cannot insist. We won't ask.

But, as a taxpayer, I am paying for this chap's trippps all the time. His travels are not being funded by the IMF, Worldbank, IDB or whatever - they are funded by ME and other hardworking people in Guyana like me!

So, as a taxpayer, can I ask the Auditor General or Ashni Singh - or Chris Ram - please tell us how much Jagdeo's trippps cost us?

Thank You!

Go Pakistan!

Too bad WI couldn't have made it to the finals. But, the better teams (of the day) won. A lot of people wrote the Pakistani team off. But they have done well. T20 is a lot about variety.

Congratulation to the Pakistan team!

How crowded is Guyana?

Guyana is a crowded country. The emigrant population is creating problems for the Government as the challenge for distribution of land remains a tough one.

The Government is cognizant of this fact - that is why they give out very small houselots. Land given out by the Government can only accommodate a regular size house and maybe an outhouse. Government caters for the outhouse because there is an environmental plan for a non-sewage Guyana in the future. The Hope canal will either spread everything or wash into the ocean after flooding its banks annually.

An analysis of the population density of Guyana gives the proof of how crowded this country is. With 215,000 km2 and 700,000 people we have only 0.3 of km2 per person!So really, this country is too crowded.

No wonder people are leaving in droves. Nothing to do with economic problems or crime or any such negative! There's just not enough land around for everyone!

Are Guyanese so nice?

A few years ago, the Elephant Man called every Guyanese a thief. No apologies from him.
Now, Digicel is bringing him again to Guyana.

Are we such an insensitive nation that those who call us thieves, those who insult our nation, would be foisted on us?

Do we now lack the guts or the moral fortitude to say no to any of this?

And Digicel - is this what you do to Guyana?