GuySuCo pushes back on conflict of interest claims, revitalisation doubts

The Guyana Sugar Cor-poration (GuySuCo) yesterday denied that there was any conflict of interest involving its new Chief Executive Officer Paul Cheong, stating that he gave up private cane farming interests since 2019.

Adamant that sugar here can be revitalised, the corporation said that it was setting the record straight as it related to a number of criticisms levelled by former board executive Anthony Vieira. 

“To set the record straight, the corporation wishes to inform that the last time Mr Cheong transacted business as a private cane farmer with GuySuCo was 1st Crop 2019. Additionally, ever since accepting his current position as CEO of GuySuCo, Mr Cheong has officially relinquished his personal business relationships with the corporation,” GuySuCo said in a statement. “The facts therefore reveal that Mr Vieira’s contentions are again baseless and wholly mischievous.”