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‘Major players’ interviewed in SARA’s oil blocks probe

-former natural resources minister still to be questioned

Professor Clive Thomas
Professor Clive Thomas

The State Assets Recovery Agency (SARA) has interviewed several “major players” in its ongoing probe of the awards of oil blocks near to Exxon-Mobil’s Stabroek Block, and should it uncover any malfeasance, it will push for the recovery of the blocks and have them auctioned, the agency’s Director, Professor Clive Thomas says.

“Yes. That is what SARA wants ultimately because we think we will get more money from that [auctioning]. I think the best way to handle the sale of the oil blocks is through public auction,” Thomas told Stabroek News in an interview last week.

In May, New York-based Bloomberg News revealed that Thomas had confirmed that an investigation was launched into the awards of the blocks. Thomas subsequently told this newspaper that it was specific information from several “whistleblowers” that sparked the investigation, which began a year ago, into the issuance of about 20 oil exploration licences here.

 

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