The Chief Executive Officer of the Guyoil Oil Company, Badrie Persaud has been asked to proceed on over 200 days of leave that is owed to him.
Mr. Persaud is expected to proceed on leave from tomorrow, July 10th, 2015. It is unlikely that he will be retained by the government.
Persaud was one of the candidates on the elections list of the People’s Progressive Party Civic at the just concluded elections. Just after the elections there were calls for him to step down from the state owned company since he chose to enter the world of politics, but he refused.
Minister of State Joe Harmon confirmed to News Source earlier today that Persaud had in fact been asked to proceed on leave. He said he should have gone on leave around the same time that the Head of the National Drainage and Irrigation Board proceeded on his leave just over a week ago.
The Government has already indicated that it intends to replace the board of the state owned Guyana Oil company and reform the way the company does business.
Just recently, Guyoil came under criticism after it was realized by the government that officials of the former government were still utilizing a credit facility that is in place for government ministries. The government was forced to put measures in place to ensure the “abuse” of the credit system does not continue.