A $100M loan in July, 2014 from the rice board to farmers which has not been repaid will put pressure on the Rice Producers Association (RPA) which collected the money and raise questions about the way the former PPP/C government conducted business.
Junior Finance Minister Jaipaul Sharma on Wednesday stated that he believes new supporting documents claiming to provide a breakdown of the $100M loan from the Guyana Rice Development Board (GRDB) to the RPA were fabricated and does little to support former Agriculture Minister Dr Leslie Ramsammy’s explanations of how the money was spent.
Sharma showed Stabroek News a spreadsheet which breaks down not only the alleged $100M loan