SARA readying six cases for court to reclaim stolen gov’t property

-Thomas confident of successful prosecutions

It will not be long before the State Assets Recovery Agency (SARA) takes its first set of cases to court to recover stolen state assets, according to its Director Professor Clive Thomas, who is confident that the evidence gathered and the strong local and international legal support that is being given will ensure successful prosecutions.

Thomas told Sunday Stabroek that in the third quarter SARA would take six cases to court but he did not want to go into the details of the cases, only saying that they involve money, land and buildings, belonging to the state and in some instances involve multiple people.

“We are now working in collaboration with the Caribbean Institute of Forensic Accounting with support from international agencies to deliver within 90 days starting Monday [tomorrow]… the completion of the investigative cases that we have identified in preparation for them to go to court,” he told Sunday Stabroek during a recent interview…..


Guyana for higher profit share from increased production under Tullow/Eco oil pact

Under the agreement the APNU+AFC government signed with Tullow Guyana B.V. and Eco (Atlantic) Oil and Gas Incorporated, Guyana will receive a 1% royalty and a greater share of profits with increased production.

Former gov’t’s award of 600 blocks to Esso was strategic decision – sources

When the late president Janet Jagan’s government awarded 600 offshore blocks to Esso Exploration and Production Guyana Limited (EEPGL) in 1999, a key factor was the then government’s interest in attracting big name American investors who would help fend off Venezuela’s decades-old claim to the Essequibo region, sources say.

DDL willing to negotiate purchase of Enmore Estate

Saying that Demerara Distillers Limited (DDL) is willing to negotiate the purchase of the Enmore Estate, Minister of Public Security Khemraj Ramjattan yesterday told a meeting at Adelphi Village, East Canje Berbice that government will ensure that each estate that is being divested is sold for the best price.

Former city mayor Compton Young dies

Former Georgetown Mayor and popular florist Compton Young died in hospital last Thursday and he is being remembered for his generosity and his dedicated efforts to ensuring that the city was kept clean.

Victoria Road fire victims seek return to normalcy

Over a dozen of the residents displaced by the Mashramani Day fire at Victoria Road, Plaisance, East Coast of Demerara, are seeking the government’s assistance to return to their normal lives.

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