Tag: 2019还有爱上海吗

Opposition demands probe into sale of GuySuCo assets

first_imgAs pressure mounts for a full-fledged investigation into the sale of assets of the Guyana Sugar Corporation (GuySuCo), Opposition Leader Bharrat Jagdeo is also demanding that a probe be conducted.The Guyana Sugar Corporation (GuySuCo)He posited that, now, even the managers at GuySuCo are calling on President David Granger to investigate the National Industrial and Commercial Investments Limited (NICIL) and the divestment of assets, but the President opts to remain silent on the matter.“So, guess what Winston Jordan (Finance Minister) has to say? He said investors are walking away from GuySuCo, they don’t want to buy the estates now. Nobody wants to come and invest with this Government; that’s the reality. Nobody wants to invest, they have no confidence in them,” Jagdeo said.The Opposition Leader stated that the Government, specifically the Finance Minister, has repeatedly declared that several potential investors were positive about doing business with the Government in relation to the privatisation of the sugar industry, but now the minister is singing a different tune.“Which investor will want to come, when every day they hear in the news that you are stripping the assets of even the companies you are privatising, the estates you are privatizing? Pricewaterhouse(Coopers) did a register and the register must have been sent to all of the investors, and the investors are hearing, what will they buy into, pay for, these things are not going to be there. These guys are selling out the things…so he (Jordan) now says that all 4 estates are now scrap metal.”According to Jagdeo, the Finance Minister should be cautious as to how he continues to operate in the daily operation of the ministry and agencies that fall under his purview, since he will be held accountable once the PPP regains power and returns to Government.In light of recent reports that NICIL sold and may have undervalued two transmission towers belonging to the GuySuCo, Transparency International GuyanaIncorporated (TIGI) has also been calling for answers.TIGI President, Dr Troy Thomas, recently noted that NICIL’s Special Purpose Unit (SPU), which was created to oversee the divestment of GuySuCo’s assets after the industry was downsized to only three estates, must provide answers on the sale, which sources at GuySuCo allege netted a sub-par price of just $2.1 million.“They must answer questions about how that (transaction) was done, and whether the laws were followed. And if the laws were not followed, then that would come under SARA (State Assets Recovery Agency) at this point, although there can be other agencies. But we definitely need to make sure that things were done properly; and if they were not done properly, then those responsible must be held accountable,” he posited.In fact, Dr Thomas reminded that when Government assets are being disposed of, there should be open tendering to ensure the state receives the best price for its property. He noted that assets could easily be undervalued, and the state would lose money when procurement laws are not followed.Officials from GuySuCo were recently quoted in sections of the media as questioning the sale by NICIL of two GuySuCo transmission towers to Bobby Vieira’s Multicultural Communications Inc for a mere $2.1 million. One of the towers, reports suggest, has since been leased to another company.Another concern was that the assets were not even vested to NICIL.Earlier this month, GuySuCo blasted NICIL for the current troubles with the divestment process, saying that the Unit has left it in the dark about the sale of its own assets.In a strongly-worded statement, in which it accused the SPU of unprofessionalism, GuySuCo criticised NICIL’s approach to the divestment. According to GuySuCo, NICIL has been slothful; and because of this, has not executed any major investments with the process approaching its second year.In addition, GuySuCo slammed NICIL for the current arrangement that sees it pocketing proceeds from the assets it did divest. GuySuCo claimed that it should be the other way around, so that the Corporation could fund its own strategic plan.last_img read more

Determined Uruguay ready to spoil French World Cup party

first_imgA low-key start and an 89th-minute winner that gave them a forgettable 1-0 win over an Egypt side missing Mohamed Salah has now given way to real hope they can win their third World Cup.With a defence built around the central pairing of Jose Gimenez and the vastly experienced 32-year-old Diego Godin — they also play together at Atletico Madrid — Uruguay have won all four games in Russia, conceding a solitary goal.They are also the only side to have beaten Russia, overwhelming them 3-0 in the group stage in what appeared to be a reality check for the host nation before they want on to stun Spain in the last 16.Uruguay extinguished Cristiano Ronaldo’s Portugal on a thrilling night in Sochi to reach the quarter-finals, with Edinson Cavani scoring two brilliant goals.Next up the grizzly, experienced World Cup campaigners take on a young France — including the exciting Kylian Mbappe and Atletico’s Antoine Griezmann — in Nizhny Novgorod on Friday, bidding for a place in the semi-finals.It is a tough assignment for France and any hope that their stars will enjoy the same space they found in their 4-3 win against a disorganised Argentina have already been extinguished.Edinson Cavani is an injury doubt for Uruguay © AFP / PIERRE-PHILIPPE MARCOU“France’s strongest points are the attackers, Griezmann and Mbappe,” Uruguay’s veteran coach Oscar Tabarez said in his understated yet determined way after the Portugal victory.“If you let France have space it will be very difficult.”“El Maestro” Tabarez has been in charge of Uruguay for 12 years and has not only forged a strong team who rarely fail to deliver on the big stage, but also a side with an immense work ethic and huge experience.At this World Cup, goalkeeper Fernando Muslera and star striker Luis Suarez both collected their 100th caps.The main doubt for France is Cavani, who has a calf muscle injury that forced him off against Portugal. He did not train on Tuesday. Cavani has played 105 times for his country. If he has not recovered in time, he could replaced by Cristhian Stuani, who has played 42 times for Uruguay, just 16 fewer than Griezmann has appeared for France. And they are marshalled by Godin, currently 121 caps and counting.“We always think about not letting our opponent play, that’s one of the things that bothers them,” midfielder Diego Laxalt told AFP.“We try to make sure that strikers don’t feel comfortable, it’s a good option.” – Turning over new leaf –But in this topsy-turvy World Cup, one thing for Uruguay has notably changed.Surprisingly, the team that have received the fewest yellow cards in Russia — just one — are Uruguay, known in the past to resort to the dark arts to win.At the last World Cup, Luis Suarez was involved in a notorious biting scandal and as back in 1986 Uruguay were labelled “liars and cheaters” by Alex Ferguson after a bad-tempered match against Scotland. This time, only Rodrigo Bentancur has been booked.It is a remarkable transformation.They have five fewer yellow cards than France and it is the Europeans who have to reshuffle because of a suspension to Blaise Matuidi.“In reality, I think Uruguay has been a strong, aggressive opponent, but without any bad intention towards the opponent,” said Suarez on Tuesday, adding that they should be proud of their disciplinary record in Russia.Uruguay also have a reputation as World Cup party poopers — including Ghana in 2010 — and history is on their side.The two nations have met three times in the World Cup and Uruguay have not lost once.0Shares0000(Visited 2 times, 1 visits today) 0Shares0000Uruguay are marshalled by defensive stalwart Diego Godin © AFP / Odd ANDERSENNizhniy Novgorod, Russian Federation, Jul 3 – Streetwise and tough yet with a razor-sharp edge, Uruguay have moved serenely into the World Cup quarter-finals, side-stepping the chaos that has swamped former winners Argentina, Germany and Spain.Uruguay have shown in Russia they are extremely difficult to beat yet sometimes underwhelming — factors you could have predicted from them before the World Cup.last_img read more