‘The clear picture is that not only that total liabilities of Clico far exceed its assets but that the company is on rapid decline’
Chief Justice (ag) Ian Chang yesterday ordered the liquidation of Clico (Guyana) in a long delayed ruling which said that available material points “unerringly” in the direction of its insolvency and against the interests of policy holders that it be allowed to continue.
-vendors count losses in millions
The Stabroek Market was closed yesterday for a massive clean up after an “unprecedented” flooding during Thursday’s spring tide.
Ranks from the Customs and Anti-Narcotics Unit (CANU) yesterday morning busted a woman on an outgoing flight to the US with a large quantity of cocaine concealed in false compartments of three suitcases, at the Cheddi Jagan International Airport, Timehri.
Odella Patterson, the woman alleged to have forcefully taken an 18-year-old girl from her workplace and held her at a hotel in the city against her will, walked free from the Georgetown Magistrates’ Court yesterday after the complainant decided to drop the matter against her.
The Guyana Police Force (GPF) yesterday said that recent criticisms of its handling of the investigation into the recent accident involving Local Government Minister Kellawan Lall are ill-informed and ill-advised.
– Jagdeo orders damage assessmentAbnormally high spring tides continued last evening, leading to overtopping of river defences in several communities across Guyana and leaving residents battling with inundated homes and yards but holding on to the hope that the worst days are behind them.
Government has accepted the offer by Kaieteur News to publish its advertisement free of cost but said the newspaper will have to take the ads and notices off its website, www.eprocure.gov.gy.
–Nadir warns Barama after worker’s death
Minister of Labour Manzoor Nadir said companies that violate the Labour Occupational Safety and Health guidelines will face stiff penalties, when he met with Barama Company officials at its Buck Hall location following the death of a 19-year-old worker.
-after trying to stop robber
A young woman was last night hospitalised with her face disfigured and at least one broken limb after being robbed on Camp Street and dragged along by a car driven by the perpetrator when she gave chase.
Residents of East and West Ruimveldt have agreed to collaborate with the Mayor and City Council to clean the canals located in the areas, following a demolition attempt that sparked a confrontation on Thursday.
Based on reports of racial discrimination on public transport, the Ethnic Relations Commission (ERC) has issued a public advisory reminding operators’ of their role to provide their services equally and in a non-discriminatory manner.
Residents of Port Kaituma are fuming after the MV Lady Northcote turned up in the area on Monday minus some of their goods and in one case rubbish was used to replace several cartons of ‘missing’ cigarettes.
Nominees to the Teaching Service Commission (TSC) will be sworn in to serve for the next three years on Monday by President Bharrat Jagdeo at Office of the President, Cabinet Secretary Dr Roger Luncheon said yesterday.
After neighbours lodged complaints at the City Council against the Seiko Chinese restaurant, it has voluntarily closed it doors to deal with a sewage problem that the owner says has been affecting him for five years.
After three years, the Toucan Connection call centre has steadily employed a number of Linden youth, becoming the second largest private employer in the community.
With 3 percent of harvesting completed so far for the current rice crop, the continuing La Niña conditions threaten to cause delays but no real danger is expected, Minister of Agriculture Robert Persaud says.
Cabinet has approved a $261.2M contract for procurement of civil works on East Black Bush Polder control structures, Cabinet Secretary Dr Roger Luncheon said yesterday.
-wife remanded
A North West District (NWD) man was on Thursday sentenced to three years imprisonment after he pleaded guilty to having a large quantity of marijuana in his possession for the purpose of trafficking.
Police have launched an investigation into the death of a 20-year-old man whose decomposing remains were found hanging at Austin Place, Matthew’s Ridge, North West District (NWD).
According to sources coming out of the Guyana Football Federation (GFF), professional English League footballer Ricky Shakes who has indicated a willingness to represent Guyana in future international matches might be blocked from doing so because of an International Football Federation (FIFA) ruling.
JOHANNESBURG, South Africa, CMC – Big-hitting West Indies batsman Kieron Pollard shone all too briefly as his Mumbai Indians team suffered a shock nine-run loss to the unfancied Highveld Lions in the opening game of the Champions League Twenty20 yesterday.
LOS ANGELES, (Reuters) – U.S. boxing champion Floyd Mayweather Jr. was arrested yesterday in Las Vegas on suspicion of grand larceny and domestic battery after an ex-girlfriend accused him of beating her in front of their children, according to police and court documents.
It was not one of their prettiest wins, but it was a victory nonetheless for Courts Pacesetters who stumbled to a 65-54 points victory against Colours Panthers in the Georgetown Amateur Basketball Association (GABA) Division Three and Open Leagues Thursday night.
The junior national basketball squad preparing to represent Guyana at the Inter Guiana Games (IGG) from November 19-21 at the Cliff Anderson Sports Hall has been reduced to 15 players.
ISTANBUL, (Reuters) – Lithuania guard Martynas Pocius faces an emotional world championship semi-final against United States coach Mike Krzyzewski when the two teams meet in a mouth-watering clash today.
Pocius, instrumental in Lithuania’s 104-85 quarter-final win over Argentina on Thursday with 16 points and four rebounds, was coached by Krzyzewski at Duke college — where “coach K” won four NCAA titles.
Corporate giants Demerara Distillers Limited (DDL) under its international brand, Pepsi, has renewed its partnership with of the Rose Hall Town Youth and Sports Club’s (RHTY&SC) Under-19 Team for the seventh consecutive year.
– to be held in memory of the September 11 victims
From Carwyn Holland in Miami
Gwendolyn “The Stealth Bomber” O’Neil will headline tonight’s “Night of the Champions” boxing card when she meets the dangerous Laura Ramsey at the Skatium on Broadway Avenue in Fort Myers, Florida.
Ambitious 24-year-old Renee´ Chester who is no stranger to the local fashion and pageant industries will be Guyana’s representative at this year’s Miss Global International Pageant billed for September 26 at the Grand Palladium Resort and Spa Hotel, Jamaica.
(Cricinfo) A couple of hundred protestors were at Lahore airport when the three Pakistan players at the centre of the spot-fixing scandal returned home yesterday morning.
Dear Editor,
Please permit me to respond to comments attributed to Mr Robert Corbin, Leader of the Opposition and of the People’s National Congress Reform (PNCR) in an article titled ‘Corbin raises doubts about preparation for continuous registration,’ which was published in the Stabroek News of September 5.
This is just the second Champions League Twenty20 but it’s already built a strong perception: that the IPL teams are at a disadvantage because they are just mercenaries, ronins who assemble for two months a year.
Dear Editor,
I am prompted to share my thoughts regarding the concerted campaign launched by the Stabroek News to discredit the ‘Grow More Food’ campaign through selective reporting and misrepresentation of farmers’ views.
Bees of Promenade: Apiculturist Linden Stuart removing about 60,000 bees from the Indian Immigration Monument in the Promenade Garden on Thursday afternoon.
MEXICO CITY (Reuters) – US President Barack Obama on Thursday denied that rising drug violence made Mexico look increasingly like Colombia at the height of its drugs war, rebuffing comments made by his Secretary of State.
Dear Editor,
If I am not dreaming, I noted that the President of neighbouring Suriname, has paid us an official visit and has had deep conversations with our own President of Guyana.
Dear Editor,
I can’t understand it, it is either the key people with responsibility for the affairs of the community are lackadaisical, incompetent or not allowed to perform.
Talk shows here have come and gone, some practically forgotten, but Sonia Noel is hoping to build a show which can be sustained long after she would have quit playing a central role.
WASHINGTON (Reuters) – Twelve US soldiers have been charged with gruesome crimes in Afghanistan ranging from murdering civilians to keeping body parts as war trophies — revelations that the Pentagon said on Thursday damaged America’s image around the world.
BERLIN (Reuters) – The estranged daughter of a US pastor who has threatened to burn copies of the Koran believes he has gone mad and needs help, she said in a German media interview conducted yesterday.
It would be a shame, a real shame, if Classique Dance Company ever slows down and allow its reputation as the most exciting thing to happen to dance here in so long, slip away.
Dear Editor,
Mr Christopher Ram’s letter in SN of September 8 relating to “transfer 20% of the royalties from mining activities to a fund designated by the Minister for the benefit of the Amerindian villages,” was a stunning revelation that has the potential to become a major political buster for the government among the Indigenous people, if proven to be correct (‘The Amerindian Act 2006 has not yet been brought into force’).
RIO DE JANEIRO (Reuters) – Brazilian police arrested the governor of an Amazon state and 17 other people yesterday on suspicion of running a scheme that siphoned off more than 300 million reais ($175 million) in public funds.
As part of its 25th anniversary in business, A. Ally & Sons General Store will give away $8 million in prizes to Berbicians through various activities.
Dear Editor,
Please be advised that a malicious and libellous attack has been launched against me and my place of employment, UG, using the letter columns.
TEHRAN (Reuters) – Iran has cancelled the planned release today of a detained American woman because the legal process has not been completed, Tehran’s prosecutor said yesterday.
Focus on human rights
A United Nations expert says human rights should be at the centre of Haiti’s reconstruction, following the earthquake in January.
LONDON (Reuters) – The British government set out plans to fully privatise postal delivery company Royal Mail, saying yesterday it was essential to attract private capital to ensure the service’s survival.
Dear Editor,
The announced plan by the pastor of a right-wing religious fringe group in Florida to burn the holy Koran on 9/11 is detestable and must be condemned by all.
Nine years after The Day That Changed Everything, two controversies which have dominated recent political conversation in the United States are an unsettling reminder of how quickly, even in a mature and well-informed democracy, rational debate can be overwhelmed by provocative gestures and remarks.
HAVANA (Reuters) – Fidel Castro said yesterday his recent comment that communist-led Cuba’s economic model does not work was badly understood and that what he really meant was that capitalism does not work.
MONTERREY, Mexico (Reuters) – Eighty-five prisoners escaped from a jail near the US border yesterday, authorities and media said, the latest prison break underscoring the challenges Mexico faces as it battles powerful drug cartels.