Dr. Rudy Jadoopat, National Coordinator of the Guyana-Extractive Industries Transparency Initiative (GY-EITI), says that they are encouraging the government and companies in the sector to ensure that they disclose all payments as soon as possible.
Jadoopat was questioned by Stabroek News yesterday on the GY-EITI’s stance after the Ministry of Natural Resources, Raphael Trotman, admitted to concealing from the public a signing bonus of US$18M from ExxonMobil since last year.
EITI is a global group aimed at ensuring that all revenues earned are disclosed to the public. In this case, the Guyana Government withheld information on a US$18m signing bonus for over a year.
While Jadoopat stated that he did