Troy Resources has assets in Georgetown and government is looking to find those to levy on them, as it explores all avenues to recover the over $2.6 billion in debt the company owes this country, Vice President Bharrat Jagdeo yesterday said.
“We took charge of the area. Troy issues, there are lots. We hear they have assets in Georgetown here and we are looking for those assets…,” Jagdeo yesterday told a press conference, as he pointed out that Minister of Natural Resources Vickram Bharrat should ensure his ministry answers the media on questions pertaining to his sector.
On Monday night, government announced that the agreement with the Australian gold mining company had been cancelled with swift action taken to secure the Region Seven mining site.