China Paper proposed investment still at MoU stage – Ramsammy
Minister of Agriculture Dr Leslie Ramsammy says that a proposed investment by China Paper has not moved beyond the Memorandum of Under-standing (MoU) stage as yet.
“I don’t think that has gone beyond the MoU,” the minister told Stabroek News yesterday when contacted on the activities the company has been undertaking. Government has been urged to come clean on secret MoUs signed with foreign companies.
Last year, Dr Rupert Roopnaraine of APNU said that the first knowledge of dealings with another investor, the D Y Patil Group and China Paper came to his attention through reporting in the Stabroek News. He said “with these MoUs we are of the firm belief that they need to be fully ventilated and brought to the National Assembly.” …..To continue reading, login or subscribe now.