Guyana News

 The latest Guyana news from Stabroek News including oil and gas coverage, crime, politics, culture, business and more.

Insurance giant CLICO never failed – former corporate sectetary

(Trinidad Express) Insurance giant CLICO never failed. This according to former corporate secretary of the company Geoffrey Leid as he took the witness stand in the Commission of Enquiry into the collapse of CL Financial and the Hindu Credit Union (HCU) at the Winsure Building, Richmond Street in Port of Spain yesterday.

Prince Edward praises Barbados

(Barbados Nation) Britain’s Prince Edward today sang the praises of Barbados as a “model small state” but advised its leaders they would need courage, creativity and common sense to overcome the economic challenges.

Tendulkar picks up ESPN award

(Jamaica Gleaner) India’s Sachin Tendulkar has been awarded top honours in Test batting at the ESPNcricinfo Awards 2011, which celebrate the best individual performances in the past year by batsmen and bowlers in Tests and one-day internationals (ODIs).

Jamaica Act against money laundering snaring drug lords

(Jamaica Gleaner) Empowered by the Proceeds of Crime Act (POCA), the Financial Investigations Division (FID) has dealt a significant blow to the coffers of a number of alleged drug smugglers, freezing more than J$700 million in real estate, motor vehicles, bank accounts, furniture and expensive jewellery.

CLICO Barbados revelations for further probing

(Barbados Nation) The depth of the involvement of late Prime Minister David Thompson in CLICO International Life Insurance Limited (CIL) has engaged the attention of the Barbados Investors & Policyholders Alliance Inc.

Charwin Jermaine Estwick (inset) was remanded after appearng in court charged with stealing more than $164 000 from two clients. (Barbados Nation photo)

Guyanese contractor charged in Barbados

(Barbados Nation) Charwin Jermaine Estwick,  30, a contractor from Guyana, was remanded to Her Majesty’s Prisons Dodds yesterday after appearing in court charged with stealing Bds$164 819 from two of his clients.

Will Duprey laugh last?

(Trinidad Guardian) Unless the Kamla Persad-Bissessar-led administration is able to convince Lawrence Duprey otherwise, the shareholders’ agreement between the Government and CL Financial comes to an end in 110 days time.

UG likely headed for full-fledged strike

Several hours of discussion with the University of Guyana Administration over a two-day period appears to have fallen apart and the three unions that formed ‘Operation Rescue UG’ said they may be going into a full-fledged strike as of tomorrow.

Some of the fishermen at yesterday’s convention

Fishermen database key for security, says Ramsammy

The creation of a database on fishermen and their activities is crucial to ensure security at sea, Agriculture Minister Dr Leslie Ramsammy said yesterday, while noting that two-thirds of the fishing vessels operating in local waters were unlicensed last year.

Samuel Hinds

Hinds signals increased electricity rates

Prime Minister Sam Hinds has warned that consumers may soon have to pay more for their electricity supply as government, under the strain of rising fuel prices, sees the need to recoup some of the investments made in the Guyana Power and Light Company (GPL) to reduce technical and commercial losses.

Man beaten to death at Imbaimadai

Police are investigating yet another interior murder following the death of Clive Cornelius who was killed following an altercation with another man at Imbaimadai.

From left to right: Adrian Dutchin, Jumo Primo, Nigel Worrel  and Darshanie Yussuf moments after the winning cheque was presented.

Soca monarch runners-up receive prizes

Carib Soca Monarch Jumo Primo yesterday received his prize of $1.5 million and a bonus of $100,000 for prevailing as the ‘Best Newcomer’ in the competition which was staged on Saturday evening.

Residents leading a procession to Heatburn Village, where equipment and machinery owned by the Nauth Contracting Firm are stored

East Bank Berbice end protest over road

Residents of the East Bank Berbice, who had been blocking the road at Glasgow in frustration over its condition, ended their protest action on Tuesday, after assurances that a new road would be constructed.

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