Prospective executive chairman of the Guyana Sugar Corporation (GuySuCo) Raj Singh will not be receiving a $5 million monthly salary or a $3 million tax free monthly salary, Minister of Finance Dr Ashni Singh said yesterday.
Instead, he said, “my information is that the individual concerned will not be paid any more than the last full-time CEO”. Stabroek News clarified that the minister was in fact referring to former GuySuCo Chief Executive Officer Errol Hanoman and his $2.5 million-a-month salary.
Raj Singh is the current chairman of the Board of Directors of GuySuCo and it