GuySuCo managers petition Holder to seek president’s intervention for removal of acting NICIL head

Colvin Heath-London

-call for probe of divestment of assets

Guyana Sugar Corporation (GuySuCo) managers have appealed to Agriculture Minister Noel Holder to seek the urgent intervention of President David Granger to immediately remove Colvin Heath-Venture from overseeing the divestment of its assets, while accusing him of pursuing a “vendetta” against the company.

In a letter to Holder on Thursday, the managers also asked that an investigation be launched into the operations of the Special Purpose Unit (SPU) that was set up by the National Industrial and Commercial Investments Limited (NICIL) to divest the company’s assets, while expressing their concern about the lack of information on proceeds from “clandestine” deals.

The letter, seen by Stabroek News, is the latest volley in the bitter power struggle between NICIL/SPU and GuySuCo and it came just short of a week since President Granger visited the Albion Estate and told workers there that government would be seeking to resolve the tensions between the two entities, while ensuring that the company gets much needed funding in a timely manner to meet its needs.