GGMC fraud points to new level of systemic collusion -official

The fraud being probed involving a purported representative of a foreign mining company and Guyana Geology and Mines Commission (GGMC) staff points to “systemic collusion” and is “very worrisome,” according to a senior official in the sector.

Last week, the GGMC, at the behest of the Ministry of Natural Resources and the Environment, called in the Auditor General and the police to probe the fraudulent conversion of funds related to prospecting and mining permits for an overseas mining company. The source declined to