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28 Jan 2017 16:24 #333862
by chairman
As uncertainty mounts over the future of the Guyana Sugar Corporation (GuySuCo) with accusations of “secrecy†made against Government following an MoU struck with a Trinidadian company, the APNU/AFC Administration is now facing more backlash after it was revealed that a close relative of Prime Minister and First Vice President Moses Nagamootoo is reportedly working to bring in investors for the cash-strapped sugar industry.
Last Thursday, the Agriculture Ministry in a statement disclosed that representatives of Srinath Ispat Limited, an India-based company with extensive knowledge of the sugar industry, are expected in Guyana this week to have dialogue with Government on potential investments in GuySuCo.
The statement went on to say that the delegation would be led by President of Integrated Casetech Consultants PV T LTD, Rajesh Kumar Agarwal, and Managing Director of Sunrise Holdings, Tony Joseph. They would visit the country’s major sugar estates before meeting with several key Government officials, including the Prime Minister, who is currently acting President.
Joseph is married to Prime Minister Nagamootoo’s daughter Angela, something which Government failed to disclose in the media release last week. Nevertheless, when asked on Thursday what role his son-in-law has in GuySuCo, Nagamootoo said, “None, as far as I’m aware…I’m not aware that he has any (role in GuySuCo), why don’t you ask him?â€
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Guyana PM’s son-in-law facilitating GuySuCo investment team visit
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