News

The Private Sector Commission (PSC) today said that it is alarmed to learn that the State Assets Recovery Unit (SARU) is involved in a money laundering investigation of a major financial institution as per a headline in the Kaieteur News of Wednesday January 6, 2016.

At about 2045h. last night police ranks acting on information received went to an abandoned lot at Rose Hall, Corentyne, where they arrested escaped prisoner Neshan Jagmohan.

(Trinidad Guardian) Chutney soca artiste Samraj “Rikki Jai” Jaimungal had to beg for his life after a gunman who shot at him and missed kept the loaded gun pointed at his waist for approximately three of the most terrifying minutes of his life, as he demanded money and other valuables in exchange for Jaimungal’s life on Wednesday.

In a historic first, the National Assembly yesterday approved budget proposals of some constitutional agencies outside of the main budget presentation but the process was held up for hours as the two sides squabbled over who was responsible for answering questions on the Audit Office and Finance Minister Winston Jordan also faced heat for “cutting” figures for several agencies.

A Corentyne businessman is now dead after he was shot and chopped by two bandits who invaded his home on Wednesday night.

Although 50-year-old Vishnunarine “Shook” Sugrim was infected with the H1N1 virus, he did not die from the swine flu, according to his family.

Just days after announcing plans to end vending along a strip of the Merriman Mall, Town Clerk Royston King yesterday said that vendors would be allowed to resume selling in two weeks, with the conditions that their operations are clean and environmentally-friendly.

Following a double suicide on Wednesday on the East Bank of Berbice, President David Granger yesterday convened an emergency meeting of several ministers and vowed a hands-on approach to the scourge which has seen Guyana being tagged with the highest rate globally.

Republic Bank (Guyana) Limited says it rejects any assertion that it has been engaged in money laundering activities.

Members of the tax reform panel set up by former President Donald Ramotar in 2011 yesterday listed unfavourable regimens which should be addressed and adverted to the findings of an international study which showed a concentration of tax collection from a limited number of taxpayers.

Chinese company Baishanlin’s forestry operations have stopped as the company seeks further financing, Minister of Natural Resources Raphael Trotman has said.

New Junior Natural Resources Minister Simona Broomes is assuring that there will be a level playing field for both small and large-scale operators in the mining and forestry sectors.

Courts made a new millionaire out of another customer, who was awarded $2 million in prize money after he was declared the winner of the company’s Big Prize promotion on Wednesday.

Up to press time yesterday, the Guyana Elections Commission (GECOM) was reviewing over 100 symbols submitted for approval by political parties, voluntary groups and individual candidates wishing to contest Local Government Elections (LGE).

With arid weather continuing in Region Nine, a Guyana Water Inc (GWI) team will be addressing defective pumps and providing other help.

An East La Penitence man was yesterday freed of charges of assault and using abusive language after his accusers decided against pursuing their complaints.

A teen was remanded to prison on Wednesday after being once again charged with using violence against his stepfather.

Jewan Persaud, who is accused of shoplifting from a city supermarket, was on Wednesday placed on $25,000 bail after he blamed a mix up for the charge.

Paul Persaud, the Albouystown cart man accused of robbing a woman of hundreds of thousands of dollars in diamonds and other items, was on Wednesday granted bail in the sum of $100,000 by a city court.

At about 10:00h on Wednesday, police ranks in ‘F’ Division whilst on patrol at Ekereku, stumbled upon a field of suspected marijuana plants.