GBTI sues KN for $600m over SOCU story

In its $600M lawsuit against Kaieteur News, the Guyana Bank for Trade and Industry Limited (GBTI) has secured an injunction, prohibiting the newspaper from further publishing certain materials contained in its November 15, 2017 publication pertaining to the Special Organised Crime Unit (SOCU).

The particular article referencing the bank, with which it has taken issue, was captioned, “Financial Institutions’ unwillingness to cooperate with SOCU tells a worrying story.”

The article was written against the backdrop of a US$500M probe currently underway against the Guyana Rice Development Board (GRDB), by SOCU, which has requested from the bank, certain documents for its probe. ….


Trotman should have advised President placing oil bonus outside Consolidated Fund illegal

The onus was on Minister of Natural Resources Raphael Trotman to tell President David Granger that he would be breaking the law if the US$18M bonus went anywhere else but to the Consolidated Fund, commentator and civil society activist Melinda Janki says.

All contracts for natural resources should be published

Keeping information from the public only results in distrust and contracts for all of the country’s natural resources should be published,  says Government’s Petroleum Advisor Jan Mangal.

Police were summoned to Parliament by caller purporting to speak for Clerk – source

Lawmen who showed up in the Parliament Chambers on Monday following the ruckus around PPP/C Member of Parliament, Juan Edghill were summoned by a caller purporting to be acting on the instruction of the Clerk of the National Assembly Sherlock Isaacs, a well-placed source told Stabroek News.

Kaneville man recovering after home invasion shooting

The Kaneville, East Bank Demerara machine operator Ishwar Ramanah, who was shot minutes after midnight on Wednesday by armed bandits, remains in the hospital but is showing signs of recovery.

Police probing death of Barnwell  toddler

Police are currently investigating the death of a one-year-old who is suspected to have drowned on Wednesday.

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