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Borath Jagdeo strikes again

WI_cricfan 2021-11-11 16:38:53 

In 2018, then Opposition Leader Bharrat Jagdeo blistered the APNU+AFC administration over its sloth in auditing US$460m in ExxonMobil costs but now in 2021, as PPP/C Vice-President he has casually excused his government from forensic scrutiny of nearly 20 times that amount – US$9b.

Jagdeo last week announced that ExxonMobil’s post-2017 expenditure for the Liza-1 and Liza-2 wells would not be audited as government was not able to select a strong local group to undertake it, although it had advertised this year for foreign firms.

“We have been very disappointed that we have not been able to select a group to do the audit of the post-2017 expenditure on Exxon. The reason is we did not have a strong local content. We had two local groups that came in but they were not strong enough. We want to build a capacity in Guyana to do this audit,” Jagdeo said.

Ninetenjack 2021-11-11 16:49:36 

In reply to WI_cricfan

Probably afraid of the kickbacks showing up lol lol

bravos 2021-11-11 18:12:13 

Be wary of Exxon Guyana . And don't be afraid to embrace Trini expertise in this field as you have from inception, there's a reason many people are against that and it's dark.

What a failure it would be if Guyana amd its people don't benefit from this venture in the medium term, because I can tell you many many other outside entities have already benefitted in the hundreds of millions to billions including T&T entities.

So why not seek assistance for something as critical as an expenditure claim which can be the very difference between profit and loss, success and failure.

Be wary of Exxon !! They're already showing their petticoat and see the Guyana Admin as very willing inexperienced hungry natives that are blind-sided by the lil taste and the big hype,and just see large numbers that they're not used to as million billion gazillions (plenty plenty morney boddy) .

Jeremy 2021-11-12 04:41:43 

In reply to bravos

Maybe guyanese do not want to do business with trickidadian.

bravos 2021-11-12 13:16:48 

In reply to Jeremy

Over the years I've learned that Guyanese are even more tricky...

Buh doh worry Exxon is de trickiest..

Good luck Guyana..

Larr Pullo 2021-11-12 13:22:34 

In reply to bravos

The politicians in Guyana have no intention to do right by the citizens and the country. They are just their to fill their bank accounts, and Exxon Mobil knows that and will operate accordingly.

bravos 2021-11-12 15:32:57 

In reply to Larr Pullo

That's my biggest concern,how tragic it would be that everyone else makes healthy profits but Guyana and it's people ..

'Costs' = profit for everyone except Guyana .