News

Jagdeo slams SARU claim about billions

Opposition Leader Bharrat Jagdeo today lambasted claims by the State Assets Recovery Unit that the country lost up to $313b per annum in corruption and illicit capital flight among other causes while the PPP/C was in office.

GPL awarded contracts worth $$B in breach of Procurement Act

For years the Guyana Power and Light (GPL) breached Section 24 of the Procurement Act 2003, awarding billions of dollars in contracts in direct contravention of the act, since it did so without the approval of the National Procurement and Tender Administration Board (NPTAB) and it had no written permission to do so by the NPTAB.

GTT retrenching 120

As part of restructuring, GTT says it will be retrenching approximately 120 persons within the next 12 months, which the Postal and Telecommuni-cations Workers Union (PTWU) says is unlawful since they were not informed of the company’s actions.

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