Jagdeo says can ‘reasonably confirm’ US$20M oil signing bonus paid to govt

In the face of continued silence by government on if it received a US$20M signing bonus from US oil company, ExxonMobil, Opposition Leader Bharrat Jagdeo yesterday said that he could “reasonably confirm” the transaction and that it was paid sometime earlier this year.

Jagdeo said that he would be seeking confirmation from the United States oil major when he meets them early next month and would also press the government here to show where the money went or to whom.

“I have been able to reasonably confirm that the government has received a sum of money and approximately US$20M. They received this money almost a year ago,” the Opposition Leader told reporters yesterday at a press conference he called.