PPP blasts appointment of Thomas as GuySuCo Chairman

Dr Clive Thomas

The People’s Progressive Party on Monday blasted the government’s decision to appoint Dr Clive Thomas as Chairman of the Guyana Sugar Corporation citing his tenure at the Globe Trust and Investment Company Limited which eventually had to be liquidated leaving many depositors with just a fraction of their savings.

During its weekly press briefing held at Freedom House the PPP launched a scathing attack on Thomas’ suitability to be the head of GuySuCo. The PPP said he was Chairman of the Globe Trust Board when the company went bankrupt.

However, Stabroek News reports show that Thomas had been substantively a director of Globe Trust and had been