Following allegations of procurement irregularities at the state-owned Guyana Oil Company Limited (GUYOIL), whose General Manager abruptly resigned yesterday, Finance Minister Dr. Ashni Singh has invited the Auditor General to investigate and sounded a warning that corruption will not be tolerated.
“I registered our government’s grave concern at the report that was circulating this morning and invited them to clarify the issues, which they did,” Singh told Stabroek News after a meeting with GUYOIL’s Board.
He was referencing allegations made by a fuel dealer from the firm Aaron Realty Inc (ARI), who is claiming that he is now left with a large quantity of fuel on hand after commitments were made by some company officials that GUYOIL would buy it. The dealer claims that he has evidence of the commitments by officials of the company who also tried to solicit kickbacks in return for the company’s purchase.
