Jagdeo calls for probe into GuySuCo subsidies

first_imgSugar sectorExpressing suspicion as to how the Government has used the billions it allocated to the Guyana Sugar Corporation (GuySuCo) since taking office in 2015, the People’s Progressive Party (PPP) is calling for a probe to be launched into how these monies were spent.Articulating the Party’s position on the matter during a Friday morning press conference was PPP General Secretary Bharrat Jagdeo. According to Jagdeo, there are discrepancies between the figures quoted by President David Granger in his January 10 speech and Agriculture Minister Noel Holder.Former President Bharrat JagdeoJagdeo quoted verbatim from Granger’s speech, in which the President pointed out that “a new factory at Skeldon in the East Berbice-Corentyne region was built at a cost of US$212 million and $48 billion was expended in financial support to the industry since 2011, while $32 billion was spent over the past 30 months, which when calculated sums up to a rate of about $1 billion a month. This Government cannot sustain the sugar industry in its current state. It has had to make difficult choices in order to ensure the industry’s viability.”The PPP General Secretary noted that the figure quoted in Granger’s speech was divided by the number of months. Jagdeo, an economist by training, observed that this was how the figure of a billion a month was arrived at. According to Jagdeo, however, this does not add up and there is a clear contradiction between the President and his Agriculture Minister.“Holder said over the past seven years, Government pumped $48 billion in GuySuCo. $600 million in 2011; $4 billion in 2012; $5.3 billion in 2013; $6 billion in 2014; $12 billion in 2015; $11 billion in 2016; and $9 billion in 2017,” Jagdeo stated, quoting the Minister. “So when you add this, you see $48 billion over seven years. (But Granger) added $32 billion on top of it in his speech. Then he divided by the number of months and that’s how he came up with $1 billion a month. He over inflated the figures by two times in his speech to the nation. And Holder gave the accurate figures.”Agriculture Minister Noel Holder“Even in those figures, you would see that the period 2011 to 2014, an average of $4 billion a year was given in subsidy to GuySuCo. Between 2015 to 2017, $10.6 billion average. And that is impossible. It’s more than double the subsidy in just three years. We need to have a full-fledged investigation into whether this money was given, how it was spent. And knowing the nature of this Government, I suspect a significant portion of this money may have disappeared. And if they were so good at management, the figure should have deteriorated.”Government had announced that it will pay 50 per cent of the severance benefits to dismissed sugar workers by the end of this month. This commitment represents over $2 billion in severance payments, with a paper seeking to appropriate supplementary funds being laid and debated in the House.It was during this announcement that President Granger in a speech read by the Prime Minister spoke of $48 billion being spent since 2011 on the industry. Jagdeo expressed the belief, however, that the incorrect figures were no mere mistake.“Now when Guyanese hear this figure (from the President), they will say yes it can’t be afforded because it is a large sum of money. So that is what I believe it was designed to do, to say that we can’t afford to keep the sugar industry alive,” he stated.Soon after coming to office, the coalition Government doubled the subsidy to GuySuco to $12 billion. Nine billion dollars was also budgeted for early in the year, with a further $2 billion after the Corporation approached the Government requesting approximately $3.5 billion.A further $9 billion was approved in 2017 for GuySuCo, with Finance Minister Winston Jordan announcing that If Government adhered to the requests for specific monies for GuySuCo, it would be money wasted.In May 2017, Government announced plans to close the Enmore and Rose Hall Sugar Estates, sell the Skeldon Sugar Factory, reduce the annual production of sugar, and take on the responsibility of managing the drainage and irrigation services offered by GuySuCo.last_img read more

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A stereotype of Angelenos that’s all too accurate

first_imgI just received my special-election ballot package in the mail. I am an absentee voter. Why? Is it because my rock ‘n’ roll lifestyle doesn’t permit any kind of commitment? Do I have an unexplainable aversion to places where “I voted” stickers are handed out? Did I choose to have a voting experience comparable to Netflix? Actually, none of the above. The answer is that I live in a precinct where there are fewer than 250 registered voters. When I first was informed of this, I was stunned. I live in the sixth largest urban area in the world. Right smack dab in the middle of Los Angeles. I was going to say “heart of Los Angeles” but let’s not be silly – what heart? Anyway, to be specific, I live in Echo Park/Silverlake. Big city, with lots of different people, who speak lots of different languages – with too few stereotypes to go around. When people think of L.A., they think gangbanger or buxom blonde. Here’s another one: politically apathetic. Someone once said to me that people in L.A. don’t even know the name of the mayor. I’ve done some research: The mayor is Giuliani or something. Whoever it is – he’s six degrees from Kevin Bacon. Isn’t everyone? Since I’m not a gangbanger and have never been referred to as “buxom,” it takes little for me to seem different. I’m not politically apathetic. I know who the mayor is. Not only am I registered to vote – I know the name of my congressional representative. I’ve even e-mailed him. Mainly because when you live in Los Angeles, you can never have enough important people ignoring you. The sanctity of democracy has been touted in the War on Terror. Our leaders in Washington speak of it as a blanket cure-all for political strife. We are spreading democracy, meaning, we are pre-emptively attacking sovereign nations so that their citizens will/can vote. Where are our purple fingers in Los Angeles? My figurative inked finger has wagged at those who aren’t registered. “Shame on you. Vote or die! Blahahaha!” My nagging, as with most, has yet to make one person decide to go to the polls. Most politicians will give lip service to this: Everyone who is eligible should vote. You should vote. You should vote for someone who tells you what you should do. You should buy plastic sheeting and duct tape. You shouldn’t smoke, overeat or get an abortion. You should obey the law and love God and country. The catch-22 of living in a (still) free country is that you can choose not to participate in the democratic process and not listen to any of our politicians about how to live your life. Candidly, the 2004 Get Out The Vote Campaign became as preachy as the Drug Free America PSAs. The mind-numbing commercials brought my Tivo and me closer than ever. I stopped my nagging and began re-thinking this issue. Why is it important to get people out to vote? Why is mob rule made to sound so appealing? When Gray Davis was recalled, the voter lines looked like a premiere. People lined up around the block and waited for hours to participate in the event. Huge voter turn out and what happened? Our governor is a movie star. How embarrassing. California – its ballot meets box office! Let’s put it this way, if Harriet Miers were a movie star, no one would utter the word “unqualified.” Instead we would all enjoy making puns with the titles of her movies as she got sworn in. So don’t vote. You won’t die, regardless of what Puffy told you. You have the right as an American to not participate. You have a stereotype as an Angeleno to live up to. You don’t have to vote. What it means for the process is that instead of mass hysteria, we’ll have fractional hysteria. And the great thing about fractional hysteria is the comfort of blaming low voter turnout. Don’t ruin that. Tina Dupuy is a stand-up comic and a writer living in Los Angeles. She’s the author of the blog www.sardonicsideshow.com. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWalnut’s Malik Khouzam voted Southern California Boys Athlete of the Week160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

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