Mines body lending $3b to housing authority

The Guyana Geology and Mines Com-mission (GGMC) has signed a loan agreement for $3B with the Central Housing and Planning Authority (CH&PA) which observers say transgresses the GGMC Act and would also violate the constitution.

A joint statement last night from the GGMC and the CH&PA said that following the submission of an investment proposal by the CH&PA in January 2015,