Ramsammy explains $100m GRDB payment to rice farmers

Former Minister of Agriculture, Dr Leslie Ramsammy yesterday said that a $100m disbursement from the rice board in 2014 which is being investigated by the government comprised a reimbursable payment to rice farmers who had been left in the lurch by Quality Rice Co-op.

In recent days Minister in the Ministry of Finance, Jaipaul Sharma has said that an ongoing audit of the Guyana Rice Development Board (GRDB) had detected a $100m loan to the Rice Producers Association (RPA) in the name of its General Secretary Dharamkumar Seeraj which is yet to be repaid. He said that the loan agreement