The State Assets Recovery Agency (SARA) is preparing itself to play its role in safeguarding the state’s property when oil production begins, according to its Director Professor Clive Thomas, who says the industry traditionally brings “illegality and corruption.”
“We are, therefore, figuring that this might be one of the sectors [in] which corruption may be involved and not only from the politicians but also persons taking advantage of their position to obtain resources that belong to the state,” Thomas told Sunday Stabroek during a recent interview.
Significant amounts of oil have been found offshore Guyana and oil production is expected to commence sometime in 2020.