Bid to sell Marriott puzzling with blackout on financials –Goolsarran

The Guyana Marriott Hotel

Guyana Marriott Hotel’s owner, Atlantic Hotel Inc (AHI) and its parent company NICIL have violated this country’s laws by failure to present financial statements for over seven years and should face penalties, among them being struck off the Register of Companies, former Auditor General Anand Goolsarran says.

And even as the blackout on the financials continues, government remains mum on the expressions of interest it received for the sale of the hotel, which Goolsarran points out should not be, given that it is a state entity which requires public and transparent procedures for asset disposals.