Daily Archive: Friday, February 3, 2012

Articles published on Friday, February 3, 2012

Allen Stanford had secret Swiss bank account – witness

The ex-chief financial officer for Texas tycoon Allen Stanford’s businesses says the financier squirreled away millions of dollars from investors to a secret Swiss bank account that he used to pay for personal expenses, bribes to regulators and employee bonuses, according to the Associated Press.

Guyana loses Test match to Dominica

(WICB) St John’s, Antigua – The West Indies Cricket Board today announced that it has taken a decision to move the Third Digicel Test which was originally scheduled to be played at the Guyana National Stadium.

New one-way streets

The Guyana Police Force wishes to inform the general public that the following streets of Georgetown have been made one-way with effect from January 31, 2012: First Street                                                      West, between Cummings Street and Albert Street   Second Street                                                  East, between Cummings Street and Albert Street   Third Street                                                     West, between Cummings Street and Albert Street   Fourth Street                                                   East, between Cummings Street and Albert Street   Fifth Street                                                      West, between Cummings Street and Albert Street   Sixth Street                                                     East, between Cummings Street and Albert Street   Sendall Place                                                   North, between Croal Street and Hadfield Street   Robb Street                                                     West, between Orange Walk and Albert Street   Albert Street                                                   South, between Regent Street and North Road   Light Street                                                     North, between Regent Street and North Road   Cummings Street                                            South, between Church Street and Lamaha Street   Peter Rose Street                                            North, between Lamaha Street and Laluni Street   Alexander Street                                             North, between Barr Street and Sandy Babb Street      

India beat Australia in T20

(Reuters) – India ran out four Australian batsmen in a brilliant fielding effort before surviving a late attack of nerves to win the second Twenty20 match by eight wickets with two balls to spare today.

 Scenes as the Guyana Cricket Board office was being opened yesterday afternoon. (Aubrey Crawford photos)

Locks off!

Since the government announced its implementation of the Interim Management Committee (IMC) on December 23, 2011, over the past 42 days the IMC and the Guyana Cricket Board (GCB) have been at loggerheads.

Gov’t, opposition set up three committees

Three committees have been established by the government and opposition on security, governance and economic matters and government has also undertaken to facilitate a request by the Alliance For Change (AFC) and A Partnership for National Unity (APNU) to meet with and make presentations to the Tax Review Committee that President Donald Ramotar has established.

Sita Reddy

Murdered Craig woman’s husband held

The husband of Sita Reddy, the woman who was found dead with her throat slashed in her home at Craig Village, East Bank Demerara on Wednesday, has been arrested after police investigators found inconsistencies in a statement he had given.

England debut trio take different routes to top

BAGSHOT, England, (Reuters) – Three men will pull on an England senior shirt for the first time and walk out proudly together to face Scotland at Murrayfield tomorrow but the routes they have taken to get there could not have been more different.

David Patterson

Basketball set for FIBA boost this year

After one of its worst years last year, basketball is  set for  positive changes this year, and special assistance is being sought from the International Basketball Federation (FIBA), according to president of the Guyana Amateur Basketball Federation (GABF) David Patterson.

U.S. tries to ease confusion over Afghan plans

BRUSSELS, (Reuters) – U.S. forces will cede the lead role in combat operations in Afghanistan next year, but will keep fighting alongside Afghan troops, Defense Secretary Leon Panetta said yesterday, as the Obama administration struggled to clear up confusion over its Afghan exit strategy.

Tourism: Walking the talk

We appear over the years to have had a fair degree of difficulty in making up our minds as to whether we will embrace tourism as a high-profile sector and do what is necessary not only to burnish the image of the industry but to take it to another level as far as its contribution to the national economy is concerned.

Nadal moves to quash tax reports

MADRID, (Reuters) – Rafa Nadal issued a statement yesterday saying he had met all his fiscal obligations after a Spanish website published details about several companies linked to the world number two it said had been set up to drastically trim his tax bill.

Two men, a woman and court

Magistrate Hazel Octave-Hamilton granted bail to a woman and two men who appeared in the Georgetown Magistrates’ Court on Wednesday to answer to the charge of unlawful wounding, assault and the use of abusive language, respectively.

LUCAS STOCK INDEX   The LSI declined by 0.55 percent in the fifth week of trading in January 2012.  The stock of Banks DIH (DIH) rose 8 percent while that of Republic Bank Limited (RBL) declined by 5.26 percent.  The other two stocks Demerara Bank Limited (DBL) Demerara Distillers Limited (DDL) showed no movement in price.  As a result, the index has recorded a 3.6 percent gain for the year.

A tough year for micro lenders

Dedicated Sometime in the not too distant future, the Institute for Private Enterprise Development (IPED) will hold its 26th Annual General Meeting to discuss the performance of the organization over the last year, and most likely attend to other housekeeping matters. 

Rikki Jai

Rikki Jai’s mixing the rhythm

(Trinidad Guardian) With a career spanning over 20 years, Rikki Jai is a name synonymous in both the chutney and soca arenas and, of course, the mixing of the two distinctively Trini rhythms into what is commonly known as chutney soca.

Patrick Manning can’t walk without help

(Trinidad Express) Despite positive reports from his San Fernando East Constituency office, former Prime Minister Patrick Manning is unable to walk without help, or speak clearly, 12 days after he suffered a stroke at his home in San Fernando.