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The US Ambassador to Guyana, Nicole D. Theriot, has revealed that the recently announced sanctions by the US Treasury Department against billionaire Guyanese businessman, Nazar Mohamed, his son Azruddin and Permanent Secretary Mae Thomas, followed a two and a half year investigation by the US Treasury Department, which led the corruption probe. Speaking to reporters […]
THE African Export-Import Bank (Afreximbank), has handed over a US$500 million loan proposal to the Government of Guyana. President Irfaan Ali received the proposal on Thursday during the AfriCaribbean Trade and Investment Forum in The Bahamas. Guyana had approached the bank for support for a number of ongoing infrastructure project. The proposal by the African […]
Customers paying for fuel and accessories at select GUYOIL gas stations can now do so electronically using their Visa or Master Cards, with the launch of the company’s point-of-sale payment service. The new payment option is being facilitated through Republic Bank’s Point-of-Sale (POS) payment, and it will enable customers to use their credit or debit […]
As the race for the leadership of the Alliance For Change (AFC) begins, the party’s General Secretary, Sherod Duncan, announced that he will be accepting the nomination for the position of Leader of the AFC. At the close of nominations on Wednesday, Mr. Duncan secured a total of 15 nominations for the position of Leader, […]
Faced with that Corruption in Guyana report by the U.S Department of Treasury, which highlighted large scale gold smuggling and the bribery of Government officials, Vice President Bharrat Jagdeo today declared war on gold smugglers, threatening that the Government of Guyana will be tightening the sanctions to include forfeiture of assets, among other harsh penalties […]
Embattled Permanent Secretary of the Ministry of Labour, Mae Thomas, who has been sanctioned by the US Government, has resigned as a member of the Central Committee of the governing People’s Progressive Party, according to the General Secretary of the party, Vice President Bharrat Jagdeo. While Thomas has resigned from the Central Committee of the […]
The Bank of Guyana today announced that it has revoked the license of Confidential Cambio of Lombard Street, Georgetown, which was operated by the Mohamed family. In a public notice, the Central Bank stated that with the revocation, the entity is no longer authorized to conduct the business of buying and selling foreign currency. The […]
Investigators from the Guyana Police Force and other law enforcement agencies are still probing the discovery of a semi-submersible vessel and Go-fast boat in Guyana’s waters. The semi-submersible vessel was seized recently during a joint services operation in the North West District. It has since been transported to Georgetown, and according to Home Affairs Minister, […]
Several communities across Georgetown, the East Coast and East Bank of Demerara and the West Coast and West Bank of Demerara, are set to face power outages for various lengths of time on Friday In a statement today, GPL explained that the outages will be done to facilitate maintenance work on its transmission and distribution […]
Prominent Attorney and former Chairman of the Alliance for Change, Nigel Hughes and Opposition Members of Parliament Sherod Duncan and David Patterson have been nominated for the position of Leader of the AFC. The party hosted its nomination day today as part of the preparations for its National Conference and Elections, set for the 29th […]
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