=====

 

How can he keep anyone honest? He is talking about competition and totally ignores that the government is planning to subsidise the Marriott. TK is saying if the Marriot wants to come let it spend its own money. 

 

How many billions did the failed Obama administration gave out in order to keep the failing U.S economy afloat ? BTW we might see even more bailout money on the way soon.

 

TK and your position are outdate.

 

Tell it like it is.

 

Now it is time for President Donald to clean house and bring back honesty and accountability to Guyana. I hope that my friend Gerhard keeps his eyes on the dishonest politicians and drag them out.

 

Bhai, Gerhard form your own political party and do not waste your time with losers like Moses and Ramjattan. Trotman is one slick politician and will outsmart all of you in the AFC.

 

Let us call a spade a spade.

====

 

Hey you seem out of your depths here.

Somebody, Please inform Adam Smith Jr.(TK) that there is such a thing as tax holiday for companies in the U.S. and it is not really different from a gov't giving grants  to certain types of businesses to boost economic growth and create jobs.

Mr Badal should invest the 8M US that he want to dump into the upgrade of the Pegasus instead into the building of the Marriot as an investor. That way it is a win win situation for him.

-----

 

You seem to be Chris Columbus. Companies do get tax breaks or holidays in Guyana.

Here are reviews of the hotels in Guyana from trip advisor for those who think building more hotels without reliable water, electricity and well paid work force will somehow transform Guyana to 5 star tourist destination.... 

http://www.tripadvisor.com/Sho...onal-Georgetown.html

 

 

http://www.tripadvisor.com/Hot...yana-Georgetown.html

 

 

You know Revsta, you make Iman laff till tear water come out my eye.

You really have HUGE balls to come out with this. You admit that the govt stole big time for the Guyanese people and you are pissed off that a stop is being put on their wrong doins.

 

You really got nuff nuff nerve you know.

 

You got any stats on how much $$$$ dem boys tief so?

 

 

 

 

Not a bad idea. But Jagdeo and clan want him bankrupt so space will be made for Marriot

Jagdeo is a mini-Putin, destroy anyone who dares oppose him, using the state machinery at his disposal for personal retribution.  Jagdeo and his henchmen are taking Guyana down a path which will one day lead to a convulsive kick-back.  There will be little sympathy for those who orchestrated, aided and abetted in this.

Badal has had a virtual monopoly on top tier hotel for a while and is now shitting his pants because of competition. The fact is the Marriot will run him out of business. If he is interested he can hire my managing consulting company to reengineer and reinvent his business to compete in the business environment.

And  that is enough for this "democratic elected government" to shut his business out from a national tourist promotion paid for by his 400 million tax dollar...this is the kind of Government involvement "crab in barrel" mentality that will cause Guyana remain in the shithole for long time to come...

===

Pegasus existed since the 1960s. Badal owned it for about 6 years now. I hope this clears the cloud in your eyes. 

 You would find any excuse to ameliorate what is craven thievery. These people are going to jail, some of them at least. They are using NICIL as a machine to convert state assets into private hands. None of these creeps from has the wherewithal to finance these large deals on their own. From the learning steps of the berbice river bridge these people are now branching out to even more elaborate schemes to use state capital to finance their private wealth growing schemes.

 

Obama did not convert state capital behind the curtains to bail out the banks. It was with the consent of the peoples representatives and on the advice of independent authority. Further, the nation made money on the deal by increasing the value of the companies and the money is being returned to the state.

 

These crooks hide what they do. We do not even know the Marriott investors and I would advise you to save this post because the prime beneficiaries will be the same bunch of hustlers from the Brassington brothers to Geeta Singh Nite and Bobby, and Edward B.  Poor Ahmad is going to jail so he will not benefit.

Grants and tax holidays are two different things. Personally, I have always preferred tax holidays and Grants tailored to some strategic outcome.  However, grants would be better served being given to local businesses to create and greatly enhance organic growth in new and embryonic areas focused on the primary economy.  Subsidy of a foreign franchise, even if owned locally, should be precluded from Grants but a reasonable tax holiday is in order.

Baseman, You need to do some research on the Hospitality Business.

Explain, and how does it relate to my comment above?

Notwithstanding your personal views, there are other plausible approaches to address the issues.

Jagdeo backpedals on secret deal inked with ‘corrupt’ Chinese company

 

 

After his administration secretly inked an agreement with a Chinese Contractor in Jamaica, for the US$150M expansion of the Cheddi Jagan International Airport (CJIA), former President Bharrat Jagdeo is now backpedalling, in the face of damning World Bank revelations.

Jagdeo, who had adamantly defended the decision to enter into a contract with China Harbor Engineering Company (CHEC), is now calling on his successor, President Donald Ramotar, to review the contract.
Jagdeo’s position, now, is that the World Bank pronouncement on the Chinese contractor “should not be taken lightly.”
He is urging Ramotar to seek explanations from the Chinese Government about the conduct of the company.
This Government to Government route has been suggested given that CHEC is ultimately owned by the Chinese Government.

The former President’s utterance as it relates to his new position for a review of the project is purportedly premised on the need for “value for money” as well as to weed out any possible illegalities that may be uncovered.
Jagdeo has also informed that based on whatever responses would be garnered from the Chinese Government, Ramotar, “on the basis of the explanations given, should make a decision on the project’s feasibility”.
Jagdeo is still, however, contending that “what is important is that the new CJIA gets built, since its expansion is important to Guyana’s development…It is in this context, that it is important too, that Guyana secures the Chinese Soft Loan for the project.”

The Chinese contractor is currently also under fire in Jamaica after a probe revealed suspicious discrepancies in relation to a US$400M contract awarded there.
It was as a result of this probe that the Jamaican Contractor General, Greg Christie, had cause to highlight the fact that the parent company has been debarred by the World Bank for corrupt practices.
It was subsequently also revealed, that the same contractor which the Jagdeo administration inked the deal with and its parent company, China Communications Construction Company Limited, caused at least one Chinese official to be sentenced to death as a result of kickbacks paid.

The Chinese business executive was handed the death sentence for taking bribes.
The previous day, this publication reported also that the son of a former Prime Minister of Bangladesh, was last year jailed for laundering millions taken in bribes from this same contractor.
Guyanese learnt of the secret signing between Jagdeo’s representatives and the Chinese contractor now under fire, only after the story broke in the Jamaican media.
This investment is the second largest Guyana would be making behind the still to be adequately functional US$200M Skeldon factory.

This was also built by Chinese contractors.

===

 

Oh...wow...Plato...what a piece of gem.

Jagdeo worked at OP during Ramotar’s absence

Government has defended the presence of former Head of State, Bharrat Jagdeo, in the Office of the President (OP) saying that he was there to specifically help compile a special report on the recent budget cuts.
Responding to questions, Thursday, during his weekly post-Cabinet press briefings, Head of the Presidential Secretariat, Dr. Roger

Luncheon, asked for evidence that Jagdeo may have been involved in other engagements.
Jagdeo was at work in the OP during the absence of President Donald Ramotar who was recently on state business in New York and Barbados.
According to Dr. Luncheon, following the $21B reduction of the $191B National Budget by the opposition in the National Assembly, there was a need for Government departments to adjust their expenditures.
The exercise was being coordinated by OP and the Ministry of Finance.

Luncheon disclosed that Jagdeo was involved in the process and during the period met with the Minister of Finance, Dr. Ashni Singh and other officials and department heads along with Cabinet members.
The report being prepared is for President Ramotar and the process to compile it is still ongoing, the spokesman said.
He also insisted that that was the “sum total” of Jagdeo’s involvement at the OP.

Asked whether it is true that Jagdeo may have been meeting with stakeholders of the One Laptop Per Family project and private contractors, Dr. Luncheon said that in all likelihood it was in relation to the report.
He denied that since handing over the Presidency to Ramotar that Jagdeo was involved in the running of the OLPF.
Dr. Luncheon also admitted that officials, including former Members of Parliament and others engaged by the government for work would be paid.

President Ramotar had said that he would be calling on the experience of Jagdeo.

Jagdeo in involved in every aspect of the OLPF project, every aspect and HE is calling the shots.  Ramotar has no sway in decision making if Jagdeo does not concur.

The 'prisedent' is very busy these days...

Let us remember this link in light of the brilliant and honest contribution of Mr Gilbakka.