Oil profits could be used to fill gaps in Govt’s budget, says financial expert

By Samuel Sukhnanan With production set to begin in mid to late 2020, Guyana is poised to make huge profits from the oil industry, with the country projected to produce an estimated 100,000 barrels of oil per day. Annual profits, based on an average price of US$50 per barrel, could reach some G$45 billion annually, says overseas-based Guyanese financial analyst and columnist, Sasenarine Singh. Singh said this figure was based on his assessment of the recent International Monetary Fund (IMF) report on Guyana, which stated that the revenue-sharing agreement sets…

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Berbice teen remanded for killing taxi driver

A 15-year-old school drop-out from Corentyne, Berbice has been remanded for stabbing a taxi driver to death. The teen appeared at the Whim Magistrate’s Court on Monday to answer to the capital offence. It is alleged that on July 5, 2017, at Crabwood Creek public road, the teen murdered 37-year-old Deonarine Laljit of Number 72 Village, Corentyne. The matter has been transferred to the Skeldon Magistrate’s Court and is awaiting a Police report. The school drop-out was not required to plea when the charge was read to him. As he…

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Guyanese journalists benefit from training on crime reporting

In an effort to bridge the communication gap between the media and the justice system of Guyana, the International Justice Education Society in collaboration with the Guyana Press Association, facilitated a seminar on Saturday aimed towards “effective reporting for the public good” by engaging members of the media, judicial arm and the Guyana Police Force (GPF) in discussions directed towards efficient reporting on criminal investigations and court cases. Local journalists from various media houses across Guyana benefited from a detailed and comprehensive presentation from Canadian journalist Kim Bolan, who highlighted…

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Vendor charged for attempted murder gets G$150,000 bail

A vendor was on Wednesday granted bail in the sum of G$150,000 when he made his appearance at the Georgetown Magistrates’ Courts to answer to the indictable charge of attempted murder. Curt Joseph, of 116 Guyhoc Park, Georgetown, was not allowed to plead to the indictable charge when it was read to him by Chief Magistrate Ann McLennan. The charge against him alleges that on June 18, 2017 while in Tucville, Georgetown , he unlawfully and maliciously wounded Tavel December with the intent to murder him. On the day of…

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Involvement of cops in foiled bank robbery disappointing, says Ramjattan

The Guyana Police Force (GPF) will be moving to clamp down on unprofessional behaviour by its ranks, following the discovery that two junior ranks were involved in the recent foiled robbery at Republic Bank Limited. The two officers, a Police Constable and a Rural Constable, were seen on closed-circuit television (CCTV) footage talking to the three young men, who attempted to rob the bank’s Water Street branch last Tuesday.  This newspaper understands the two ranks confessed that they helped plan the robbery. This act, however, has been condemned by the…

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Thomson Foundation launches search for best Young Journalist 2017

By Thomson Foundation Thomson Foundation, in partnership with the UK Foreign Press Association (FPA), is inviting young journalists from around the world to submit their most compelling stories. Now leading into its fifth year, the Young Journalist Award is Thomson Foundation’s annual journalism competition, dedicated to finding and inspiring ambitious and emerging journalistic talent from across the globe. Previous winners have each possessed the most important traits necessary to be successful in journalism: a unique voice, a fresh perspective and a strong passion not only for their subjects, but also…

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ExxonMobil commits to transparency

…promises to make all payments to Govt public Country Manager of ExxonMobil, Rod Henson, has committed the company – gearing for commercial oil production in 2020 – to the principles of the Extractive Industries Transparency Initiative (EITI) which its headquartered in Oslo, Norway. Henson was at the time addressing participants at first ever Guyana EITI outreach workshop held in Corriverton, Berbice, on Saturday at the City Inn Hotel. According to the ExxonMobil Country Representative, Guyana’s participation as an EITI member will promulgate greater transparency and accountability in the oil sector,…

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Prison Riot: ‘It’s not my fault’ – Ramjattan

Public Security Minister Khemraj Ramjattan has dismissed calls for his resignation following the jailbreak and conflagration at the Camp Street Prison on Sunday evening, and cited the state of the sugar industry and its annual bailouts as among the reasons Government is yet to make a heavy capital investment in the penitentiary. Ramjattan was at the time addressing members of the media at an emergency press conference live at the National Communications Network (NCN) studio after the fire. Chief Prison Officer, Gladwyn Samuels had earlier in the evening lamented the…

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Sophia man denies killing fiancée’s estranged husband

A man who allegedly killed the estranged husband of his fiancée appeared before a High Court judge on Tuesday. At his arraignment, murder accused Aniki Jones of Sophia, Greater Georgetown pleaded not guilty to the charge instituted for the chopping death of forklift operator Carl Garnett of Section B, Sophia. The killing occurred on December 15, 2013 at Lamaha Springs, Georgetown. Police had said that the deceased man had called the Jones home to speak with the child that he shared with his estranged wife. However, Jones was said to…

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Granger admits prison blaze “was an accident waiting to happen”

Government will be going back to the drawing board to consider a new structure to house prisoners at the Camp Street penitentiary, President David Granger has said. The Head of state said the condition of the facility has rendered it inadequate, noting that the fire on Sunday was an “accident waiting to happen”. Granger made the remarks moments after leaving the Camp Street premises which were gutted on Sunday by fire, allegedly started by death row inmate Royden Mark Durant, also known as Mark Williams and “Smallie”. The President, along…

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