In the wake of a letter alleging that confidential information with its board had been misused, the Guyana Office for Investment (G-Invest) yesterday said that it had found no such breach.
A statement from its Chairman Clement Sealey said: “I refer to a letter in Stabroek News published on 9th September 2021 under the heading `This practice is the zenith of corruption’. This letter was written by Mr. Carl Roopchand alleging leakage of information from Guyana Office for Investment. Please be informed that we have reviewed policies and procedures relating to investment information and have not found any breach of any investment information”.
Stabroek News had reported in yesterday’s edition that an emergency meeting of G-Invest had been summoned to deliberate on the issue. Sealey had been contacted by Stabroek News after the meeting but he provided no information. He queried why the newspaper was calling him and then declined to address the question. He said: “I am out on some business here right now. I can’t talk about that right now”.
Sources say the letter in the media and other information had raised concerns about the improper use of information in the purview of the agency. According to sources, the person who has been accused of misusing the information had summoned a G-Invest Investment Officer to go over investment committee minutes pertaining to current and prospective clients. The officer was said to be concerned about being summoned.
Other sources say competitors of the person who summoned the officer have also lodged formal letters with government officials on the issue without the matter being addressed.
