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Disciplinary actions for City Hall officials over misplaced money

Several employees of the Mayor and City Council (M&CC) were endorsed for disciplinary actions to be levied against them after the Local Government Commission completed its probe into a bag of money that was found in of the municipality’s vehicle that was to be deposited at a city bank.

Acting Town Clerk Sharon Harry-Munroe
City Hall

Guyana Times understands that since June 20, the money was sent to be deposited at the bank but sometime after, the money was found in Chief Constable Andrew Foo’s vehicle. Foo’s M&CC-assigned vehicle was being used by the Council to conduct their daily business.
After this revelation, the bag containing the Council’s seal was retrieved and an investigation was launched by the Commission. The constitutional body recommended disciplinary actions for acting Town Clerk Sharon Harry-Munroe, City Treasurer John Douglas, Clerk of Markets, Sherlock Lovell, among other officials. No actions will be taken against the Chief Constable since he was not involved in the handling of the money or the vehicle at that time.
It is expected that these officers will have a chance to formulate an explanation as to why these actions should not be pursued against them.
This turn of events comes in light of the fact that Harry-Munroe was sent on administrative leave earlier this month after being involved in issues relating to the Council’s operations.
Reports were that this decision surrounded the internal audit into City Hall’s financial operations. Audit Office of Guyana was requested to conduct a forensic audit into the entity’s management.
Documents were required by the Auditor General but the Council failed on its end to provide the relevant information. In July, reports surfaced that a large portion of documents were still outstanding for the audit to be completed. As such, the Local Government Commission was advised of the situation.
In addressing the matter, the Town Clerk was reportedly hauled before the Commission to explain as to why these official papers were yet to be submitted.
In recent time, the Local Government Commission has been called in numerous times to probe mismanagement or other forms of negligence at City Hall. Just last September, a massive Commission of Inquiry unearthed damning findings to which 31 recommendations were forwarded. The Inquiry found that a plot of land owned by the National Industrial and Commercial Investments Limited (NICIL) was leased by the Council to a shipping company and payment receipts were lacking.
One of the first outlines on the list of recommendations called on the Commission to enforce disciplinary measures against senior staffers of the Town Council, with the Town Clerk, Royston King, as the chief for gross misconduct, and Harry-Munroe being labelled as ‘incompetent’. King was later relieved of his duties.

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yesss . . . The Arc of APNU/AFC Governance is Maddeningly Long, Flattened-Out, and Oftentimes Grossly Incompetent 

BUT IT BENDS TOWARDS JUSTICE!!

whither the PPP and Jagdeo in their time?

FM
Last edited by Former Member

42 views before a reply. I doan hear talk about how this is "anti black hatred by blacks"  or "dam useless racist  bullies #$@%$ PNC dem takin advantage"

If yall want add more, feel free to do so.

cain
cain posted:
Nehru posted:

Any and everything the PNC touches turn to STINKINg FILTH!!!

So wuh happen to you...got touched?

SHIt HEADS like you who wanted change are worst than RAW SEWAGE!!

Nehru
Nehru posted:
cain posted:
Nehru posted:

Any and everything the PNC touches turn to STINKINg FILTH!!!

So wuh happen to you...got touched?

SHIt HEADS like you who wanted change are worst than RAW SEWAGE!!

So says the forum drunk. Why don't you get someone to read the dam article to you so you can understand how things should be done...not like the BJ way, that fkin scamp.

cain
Last edited by cain
Bibi Haniffa posted:

Pandit days are numbered.  No one harasses PNC people like that and get away with it.

tiefin being such an essential part of Jagdeoite DNA, alyuh PPP criminals can’t believe y’all eyes eh?

note: this ain’t even coming from “pandit” . . is the Local Gov’t Ministry headed by Bulkan

pay attention and learn 

FM

Oh please! Crooks have been in this and every other administration because there are crooks everywhere in that country but the difference is, now they are being caught. 

cain
Last edited by cain

The Coalition government intend to make sure any corrupted worker is dealt with. We will need some more time because corruption is all over for many years.  This is the same with crime.  We have a long term plan to fix these issues.  This is why the people will elect us in 2020. Cde Granger and Cde Nagamootoo is determined in this area.  The people know this.

FM
Zara posted:

The Coalition government intend to make sure any corrupted worker is dealt with. We will need some more time because corruption is all over for many years.  This is the same with crime.  We have a long term plan to fix these issues.  This is why the people will elect us in 2020. Cde Granger and Cde Nagamootoo is determined in this area.  The people know this.

Don’t you have anything useful to do with your life other than post like a moron robot on this board?

false flag much

jeez

FM
Zara posted:

The Coalition government intend to make sure any corrupted worker is dealt with. We will need some more time because corruption is all over for many years.  This is the same with crime.  We have a long term plan to fix these issues.  This is why the people will elect us in 2020. Cde Granger and Cde Nagamootoo is determined in this area.  The people know this.

Where is the $30B GuySuCo bond?

Paltry half-year sugar performance

…PPP Presidential Candidate questions value for money

When Government arranged a $30-billion bond guaranteed by the State and National Industrial and Commercial Investment (NICIL) assets, it was supposed to recapitalise the sugar sector. But the poor performance of the Guyana Sugar Corporation (GuySuCo) for the year raises questions about how the money was actually spent.

PPP Presidential Candidate Irfaan Ali

The recently released Ministry of Finance half-year report tells of a sector still mired in trouble. And according to People’s Progressive Party (PPP) Presidential Candidate and parliamentarian, Irfaan Ali, the population needs answers for how this money was spent.
“Of concern is the Government guarantee $30 billion bonds of which the Government utilised approximately $17.6 billion and is yet to provide an explanation to the people of Guyana regarding the use of these funds”.
“In his report, the Minister also stated that NICIL repaid $785.3 million during the first half of 2019. Given the poor performance of GuySuCo during the first half, an urgent explanation is warranted,” Ali said in a statement on Monday.
The 2019 mid-year report had found that at the end of June 2019, GuySuCo recorded a cash surplus of $843 million when compared to a deficit of $3.8 billion in the same period in 2018. However, sources have attributed this to the Corporation having received a total of $9.3 billion, of which $3.9 billion came from NICIL’s Special Purpose Unit (SPU) to fund its operations and capital projects.
“The Corporation exported 37,836.7 tonnes of sugar, of which 33,263 tonnes were sold to the EU market at a higher price than budgeted, resulting in an increase of $1.3 billion in export sales. Current expenditure was $8.1 billion in the period under review, $2.7 billion lower than the corresponding period in 2018”.
“The Corporation’s capital expenditure was $334 million, 90.3 per cent lower than the budgeted amount of $3.4 billion, primarily due to delays in funding for capital works. The Corporation projects a deficit of $920 million at the end of 2019,” the report also said.
GuySuCo was also found to have fallen short of its production targets for the first crop, with output reaching 33,531 metric tonnes of sugar. There were delays in the start of production, which attributed to the late delivery of materials for critical repairs to boilers in the factories.
In addition, the Corporation had to contend with extended equipment maintenance at the Uitvlugt factory. Thus, the commencement of cane harvesting was pushed to late February. The report also warned that all these things could affect production for the rest of the year and 2020.
And in the Bank of Guyana’s recently released first quarter statistical bulletin, it had showed that sugar experienced a major decline of 34.3 per cent, owing to the restructuring process the Corporation is undergoing.

Estates
Since the closure of the four estates, leaving more than 7000 sugar workers jobless, Government has moved to divestment the facilities. United Kingdom company, PricewaterhouseCoopers (PwC), was subsequently contracted to carry out valuations of GuySuCo’s assets up for sale and had invited expressions of interest from potential buyers, though it was recently revealed that the political climate has stalled these transactions.
The bond was arranged last year by Republic Bank Limited, through its Investment Banking Division, with law firm London House Chambers, headed by Devindra Kissoon acting as a transaction attorney.
It was arranged at a rate of 4.75 per cent interest. A source close to the Finance Ministry had told Guyana Times that while the interest rates secured would appear to be very favourable, the implications of failing to consistently repay the bond and related interest rates would be dire.
Indeed, SPU Head Colvin Heath-London has previously confirmed that specific NICIL assets are on the line, should they default on the bond. In addition, concerns were previously raised that GuySuCo was not accounting for how it was spending the money, though it subsequently denied this.
Meanwhile, Ali also warned that while the report’s monetary statistics paint a “rosy picture” of the investment climate, there are worrying indicators. According to Ali, the monetary statistics revealed that credit to the private sector increased in all the key sectors.
“However, the growth in credit should be cause for concern since the commercial banks are increasing credit at a time when the economy is struggling, and non-performing loans are increasing. The ratio of non-performing loans has trended upwards from 5.97 per cent at end-June 2014 to 12.58 per cent at end-June 2019”.
“Meanwhile, the reserves for loan losses reduced continuously from 67.24 per cent to 37.05 per cent. Thus, while less reserves are set aside to cater for loans losses, there is a continuous increase in non-performing loans. Since the most critical risks that confront the banking system is credit risk, all should be concerned, rather than happy with the growth in credit,” he said.

K
Bibi Haniffa posted:

Pandit days are numbered.  No one harasses PNC people like that and get away with it.

Dee Pandit trying to stray from his primary and focused job ---

https://www.kaieteurnewsonline.com/images/2019/01/Mayor-9.jpgGeorgetown Mayor Pandit Ubraj Narine (centre) joins in the clean-up operation.

Georgetown Mayor joins in city clean-up

Jan 21, 2019 News, Source -- https://www.kaieteurnewsonline...ns-in-city-clean-up/

FM
Zara posted:

The Coalition government intend to make sure any corrupted worker is dealt with.

We will need some more time because corruption is all over for many years.  This is the same with crime.  

We have a long term plan to fix these issues.

This is why the people will elect us in 2020. Cde Granger and Cde Nagamootoo is determined in this area.

 The people know this.

--- Coalition government intend  ---

PNCR twiddle their thumbs with intentions --- Others actually doing things on a daily basis.

--- long term plan ---

PNCR long term plan may take 100 years to prepare.

FM
ksazma posted:

Bai Cain, I was gonna say dem PNC people tiefing deh pun steroids. Dem dint even feel de need to at least win wan re-election fust.

Of course those old Marxist of the PPP became raging corrupt capitalists so quickly after 1992 that poor Cheddi had a heart attack. 

Janet too couldn't deal with the monster that she created in Bharat Jagdeo, so she too died of a heart attack.  This is even before she knew that her creation was such that he even allowed one of hic corrupt cronies to kill a PPP minister.

FM
caribny posted:
ksazma posted:

Bai Cain, I was gonna say dem PNC people tiefing deh pun steroids. Dem dint even feel de need to at least win wan re-election fust.

Of course those old Marxist of the PPP became raging corrupt capitalists so quickly after 1992 that poor Cheddi had a heart attack. 

Janet too couldn't deal with the monster that she created in Bharat Jagdeo, so she too died of a heart attack.  This is even before she knew that her creation was such that he even allowed one of hic corrupt cronies to kill a PPP minister.

Janet J would have invited Caribj to her house for her weekend roast chicken dinner with her African Guyanese Professional friends if she had read this.

Prashad

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