Evidence points to misspending of funds at NICIL, other gov’t agencies – President

President David Granger

There is evidence that several government agencies including NICIL misspent monies and should the forensic audits currently being conducted show any evidence of criminality, the matter would be handed to the police, President David Granger has said.

Recently the government announced that forensic audits would be conducted at agencies such as the National Industrial and Commercial Investments Limited (NICIL) and the Guyana Geology and Mines Commission (GGMC). NICIL – the government’s holding company – has been embroiled in several controversies under the PPP/C administration over its holding and use of monies.

“Monies had been