Natural resources fund not a slush fund or ATM

Dr. Neil Parsan

With Guyana’s Natural Resources Fund (NRF) soon to be set up, former Trinidad and Tobago Ambassador to the United States and senior consultant with the multinational law firm Dentons Dr. Neil Parsan has emphasised that it must not be abused politically.

“Not a fan of political interference… you must have well equipped policies in place for corporate governance. Put the right people in the right places. I would not hire a plumber to do surgery on me. Therefore, get the right, well-experienced, well-equipped people on state boards to govern the agencies that are responsible for supervising the sovereignty of the states,” Parsan said at the GIPEX conference yesterday, when he participated in a panel discussion on strategies to ensure successful transition during the “big boom.”