Showing posts with label Synergy Holdings. Show all posts
Showing posts with label Synergy Holdings. Show all posts

Tuesday, May 4, 2010

Fipping along

The plot thickens as the Tale of Fip continues. This is probably the most incestuous contract ever awarded in recent times, as we have learnt that Fip Motilal is related to Bharrat Jagdeo on this is father’s side.

While this is a small picture compared to the bigger painting of corruption involving NICIL, the Office of the President and several government officials, more information is flowing as we continued our exploration of the man who promises us Hydro Electricity.

If you check our archives we were the first to alert out readers to the snail’s pace in which Hydro-electricity was being dealt with when we asked Fip to slip the swith.

As we uncover more on Fip, one official told us that the man is no stranger to being awarded government contracts. In fact, the official told us that the government ought to explain who the contracts for the supply of the two generators for the Guyana Power and Light Company were awarded to Synergy Holdings. In fact, two senior government officials raised an alarm about this but these were ignored by the forces higher up.

We are told that the two officials were frustrated to the point where a major project had to be delayed several times since Fip could not deliver the products for the start of this project. We understand that the government had to step in and clean up and mess and take more money from the Lotto Funds to cover its track and get the project started.

Lets just say the project was launched last year!

As we find out more details about our friend Fip, the man is listed as a Chemical Engineer on one of his many profiles on the internet but no one could explain if this is indeed true, where he studied and when.

All we know is that nothing makes sense in this web of Synergy, the award for the contract to build the road to Amaila Falls or the Hydro Electricity but what can we say but what a tangled web we weave.

Question: Is Jagdeo exempt from submissions to integrity commission?

Thursday, April 22, 2010

Flips, Fibs, Fling, Flassington and Flagdeo

FIP’s FIBS

Well Fip, Ashni and Winston ought to be awarded for the Best Actor and Best Supporting actors respectively in the movie Synergy or not!

Kudos to Kaieteur News for the excellent piece of journalism this week, that skin up the PPP government and their lies as they sought to give another friend more of our tax payers money!

Well Fip lied when he said that Synergy Holdings built road in the state of Georgia in the US.

The good folks in the transparent State Department in Georgia must be wondering ‘who the heck is Fip and what the hell is Synergy ?’ cause the plot thickened when We found out that poor Fip and Synergy never had any Road Building experience!

Now now, the government will have to explain why exactly it was given Fip US$15 million! Because we KNOW that Fip would not be building any roads to the Amaila Falls.

Our sources indicated that that this money could have been to bluff investors that the project is starting while helping their dear Friend Fip to get on his feet.

Fact is, Synergy Holdings has NOT done a single work anywhere in the world! NO one really knows what they are all about their webpage is just a cheap publicity stunt.

Amazingly, since 2002 when Fip presented the government with a proposal he couldn’t get this thing running??!

But we know that 2011 is closer and the PPP has to offer its supporters something for them to be returned to office, even if it’s a road in the forest.

Just be reminded that Fip claimed that he is doing windmill projects in Minnesota and Kansas also and we are still looking for those projects!

We wonder if Brassington is in his right sense when he says that ‘ this is the single most important project at this time’ He forget the fibre optic cable he and his friends are suppose to be bringing from Brazil.

Shucks! this is really a talk half left half piece!

But we will leave you with Synergy Holdings Mission Statement:

MISSION STATEMENT
To plan and develop projects that offer the greatest benefits to the most people with the least impact on our environment. We firmly believe that progress and development can be accomplished synergistically with the environment, not at its expense.

Tuesday, April 13, 2010

Spin! Fip! Brassnicil! Money gone!

Shameless !!
The government gives another other sweet heart deal, this time to Fip Motielall saying that Synergy Holdings was the lowest bidder for the road to Amaila Falls Hydro Project. Well, so says a NICIL source (look who opening his mouth) who told Stabroek News that the $15 million road building contract was awarded to SH since it was the lowest bidder !

Why worry about the future of Guyana when we have geniuses like these? What a combination! Lowest bidder with no experience wins contract. In this case lowest bidder, no road building experience! Wow!

NICIL (and We know damn well who got the ‘voice’ to speak on this project at NICIL) said that 4 tenders were submitted. We would like to hear names! Cause I know one big contractor who has been gunning for this project since 1999 feels cheated. Even though responded to Stabroek News last week about all these concerns, he has not uttered one word about his company’s road building capabilities.

At least two new agencies have reported on a Request for Proposals document. Stabroek News said that the documents said that the construction is based on a time of essence basis (after 15 years) and must be completed in 8 months !

But wait !!! The same document says that our Dear Fip’s company must reach various criteria!
- He must have done a similar project,
- He must list examples of previous works and
- he must submit details of the equipment he owns and human resources.

Fip must know that he has to repair an existing roadway and build a road on virgin territory. What is the default clause this time?

Sickly spin doctor Roger said last week that those who are questioning the awarding of this contract have sinister motives, So Roger put a spin on this one.

Spin! Fip! Brassnicil! Money gone!

(We have been watching the developments of this project as many would have noticed in out previous post asking FIP to flip the switch on this project. This project has been in an incubator for more than 15 years)

Monday, March 1, 2010

WHEN WILL FIP FLIP THE SWITCH?



WHEN WILL FIP FLIP THE SWITCH?
Since 1996 Synergy Holdings Incorporated has been ‘working’ to bring the Amaila Hydro Project to life’. Synergy Holdings Inc is owned by overseas-based Guyanese Makeshwar ‘Fip’ Motilall and each year from 1996 Guyanese have been promised that this Hydro Electricity Project will be powered up.

Here is a recap of these promises:
In 2008 Motilall said that the Engineering, procurement and construction bids would have been closed on the 30th October, 2008 and contractors would have been identified shortly with works going into ‘full swing in the 1st quarter of 2009’.

But this laughable position was later given at another forum which was attended by His Excellency President Jagdeo. The bids were pushed back and the investors and the government agreed that giving bidders an extension of time ‘would benefit all concerned’.

What has happened since?
There was talk that Sithe Global Power would have been providing $400 million and there were eager investors waiting to pump money into this.
In 2002 Motilall was quoted as saying that the project could cost $312 and this would be obtained from private financial institutions. (NONE NAMED because NONE CAME FORWARD).

BUT in 2006 here is what we heard, ‘we are STILL AWAITING FINANCIAL CLOSURE FOR THIS PROJECT’.

While there have been talks about the project kicking off in 2010 from 1996 to now there has been a long list of promises and excuses about this project.
This 100 megawatt facility is expected to reduce Guyana’s dependency on fossil fuels. We spend more than 40% of our GDP on Fuel!

YOU TELL US WHY INVESTORS ARE NOT TUMBLING OVER EACH OTHER TO PUMP MONEY INTO AMAILA??