Audit says Go-Invest’s failure to monitor made ‘large scale abuse’ of concessions likely

Guyana did not benefit from over $2B in concessions that were granted to four investors, Baishanlin International Forest Development Inc, Vaitarna Holdings Private Inc, Diamond Tropical Wood Products Inc and Zhonghao Shipyards Inc, according to a forensic audit of the Guyana Office for Investment (Go-Invest), which has said that the failure to monitor such grants has made large scale abuse by investors likely.