Jagdeo urges ‘serious approach’ to Duprey’s offer to ‘make amends’ for US$40M debt to NIS

The government needs to take a serious approach to the recent apology from CL Financial and its offer to make amends over the collapse of Clico (Guyana) and not use the development for political gain, Opposition Leader Bharrat Jagdeo said yesterday.

“It seems as though the minister is dealing with Clico anecdotally and wants to score political points,” Jagdeo told a press conference, while noting that investors would always be welcomed in Guyana.

Lawrence Duprey, Chairman of CL Financial and other officials of the company, met with Minister of Finance Winston Jordan almost two weeks ago with the intention of discussing the prospect of doing business in Guyana once again. They signalled plans to “make amends” for the