The Guyana National Printers Limited (GNPL) has been making losses and needs to be retooled in order to be competitive, according to a forensic audit done into the company.
The audit covers the period January 2014 to May 11, 2015 and was done by PKF, Barcellos, Narine & Co. It was one of a series ordered by the APNU+AFC government since coming into office in May 2015. GNPL’s principal activity is printing with the largest customer being the Government of Guyana which contracted the company to print exercise books for distribution to school children.
For 2015, up to September, the company made a loss of $44 million, the report said. For the same period in 2015, the company also