Judicial Manager declares CLICO (Guyana) insolvent
…worse case scenario liability outweighs assets by more than $11B By Gary Eleazar Judicial Manager of Colonial Life Insurance Company (CLICO) Guyana, Maria Van Beek, in a report to the High Court, says that its financial position reveals that the company does not have the resources to allow it to carry on its business and [...]
Fireworks could spark at AGM over NBS Berbice Bridge investment
- rumours of insider trading in CLICO bail out surface Fireworks are expected to erupt at this month’s Annual General Meeting of the New Building Society (NBS) with allegations of irregular practices by the Board of Directors now surfacing. The meeting is scheduled for April 25 at Cotton Tree Primary School on West Coast Berbice. [...]
Another 50,000 gallons of GPL fuel contaminated
Some 50,000 gallons of heavy fuel oil out of a shipment of 120,000 gallons that was shipped to the Skeldon Generation plant have been found to be contaminated. This newspaper has learnt the vessel used to ship fuel from Georgetown to Skeldon was contracted for the first time by the Guyana Power and Light Company. [...]
Suspect confesses
Lusignan murder… A Lusignan Pasture man who was detained by police on Monday has reportedly confessed to clubbing Victor Persaud to death early Sunday morning. Persaud succumbed hours after he and the suspect argued over drugs. His body lay on the road in front of his yard, sprawled next to his broken bicycle. The suspect [...]
NIS declares pensioner dead, although man proves otherwise
A pensioner who was declared ‘dead’ by officials of the National Insurance Scheme [N.I.S] is still alive and well, and says that five months’ benefits are due to him. Shabeer Khan, of Lima, Essequibo Coast, told this newspaper that he started receiving his N.I.S pension in 1993 after his retirement from Caricom Rice Mills at [...]
Taxi driver shot during robbery
- lone gunman escapes with $1.3M Doctors at the Georgetown Public Hospital are closely monitoring the condition of a taxi driver who was shot by a lone gunman during a brazen robbery. Sixty-year-old Winston Andrews, of Omai Street, Prashad Nagar, is currently being treated for a gunshot wound to his right side chest at the [...]
Port of Spain akin to being under house areas
Prelude to Summit of the Americas By Tusika Martin With two days before the opening of the Summit of the Americas, preparations are moving apace for the highly anticipated event in the twin-island republic of Trinidad and Tobago. While there is heightened security, local residents are complaining bitterly that the new American President will be [...]
Poultry farmer finds egg within an egg
When Davindra Laurie went into his pen and saw an oversized egg, almost the size of a cricket ball, his first thought was that some snake had penetrated the cage and left the tell tale signs of his visit. But when he picked up the egg and shook it, something different came into his mind. [...]
Cheating partner lands man in lockups
By Rustom Seegopaul Coming home to discover his reputed wife in bed with another man left Dwain Moore in the La Grange lockups for the better part of yesterday, while his reputed wife and her paramour, who were also detained, ended up sitting on the bench of the same police station. Moore said that he [...]
Guyana female Hockey squad continues preparation
When Kaieteur Sport visited their training session at the GCC ground yesterday, they were hard at work as they fine tune their skills for upcoming engagement. Here members of the national female hockey squad currently preparing for the Caribbean Cup Tournament in Jamaica, seen listening attentively to instructions from Coach Phillip Fernandes during yesterday’s training [...]
Chattergoon hits 5th first-class ton as Guyana end worst ever season with a draw
By Sean Devers Sewnarine Chattergoon registered his fifth first class century on his Guyana captaincy debut, while leg-spinner Nikolai Charles grabbed a maiden five-wicket haul for Barbados on the last day of their drawn final round WICB regional four-day cricket match at the Providence Stadium yesterday. The 28-year-old Chattergoon added 42 to his [...]
Defending champions, Guyana off to impressive start
By Edison Jefford Defending overall champions, Guyana was off to an impressive and promising start in the 2009 Caribbean Cadet and Junior Table Tennis Championships when the event opened on Monday at the renowned Marriott Dome in St Kitts. Guyana struck first when they whipped hosts, St Kitts 3–0 in the under–15 girls’ [...]
GCA must investigate racial allegation against Travis Dowlin
Says Sean Devers Insularity and internal politics among many local cricket administrators is becoming common place at a time when our cricket is at an all time low with Guyana finishing ‘dead last’ in the regional four-day competition. Guyana’s last home game at the impressive Guyana National Stadium at Providence was played before empty stands [...]
GCB Female Inter County bowls off today
The 2009 Guyana Cricket Board female Inter County 50 overs tournament is set to bowl off today at the Police Sports Club ground, Eve Leary from 9:30hrs. Given the opportunity to set the tone for the rest of the rest of the competition in this first round are Demerara and Essequibo. Round two, tomorrow at [...]
Human Services to take legal custody of over 600 children
The Child Care Protection Agency of the Ministry of Human Services and Social Security is currently pursuing the legal route of acquiring custody of over 600 children who do not have parents/guardians, and who were placed in the various institutions across the country. Kaieteur News understands that the Ministry has acquired the services of a [...]
Central/Upper Corentyne to face West Berbice in final
Lower Corentyne claim 3rd The Blairmont Community Centre ground will come alive with competitive action today when Central/Upper Corentyne tangle with West Berbice in the final of the Diamond Fire & General Insurance Company (DF&GIC) under-19 inter-zone competition. Both finalists created upsets to reach the final, West Berbice edging past Lower Corentyne by one wicket, [...]
Early morning car crash rattles D’Urban Street
Some residents of D’Urban Street, Werk-en-Rust, were awakened from their sleep early yesterday morning, after two cars collided at D’Urban and John Streets, (opposite the Camp Street prison.) at approximately 3:00 hrs. Joseph, the driver of one of the cars, HB 1089 (white 192 Toyota Carina), said that he was heading west along D’Urban Street to pick up [...]
Troy Mendonca to contest for vice President post at imminent GFF elections
As the Guyana Football Federation elections loom, President of the Georgetown Football Association, Troy Mendonca has accepted a nomination by executives of his entity for the position of 1st Vice President of the GFF. Mendonca’s nomination follows that of Alfred King, earlier nominated by the Guyana Football Referee’s Council (GFRC) and Dwayne Lovell, also nominated [...]
Popular promoter held in yet another rape probe
A popular city promoter has once again landed in hot water, this time for allegedly raping a woman. And once again his confederates are offering money as an inducement to settle the matter out of court. But the 19-year-old victim is having none of that despite several threatening telephone calls. The promoter was detained on [...]
Mobile phone use in Guyana above Latin America’s average
An International research of Guyana’s mobile, telecoms and broadband has found that the local fixed-line tele-density is about average for Latin America, while mobile penetration is slightly higher than average. It was pointed out that this is a remarkably good performance considering that the country’s GDP (Gross Domestic Product) per capita is the third lowest [...]
RHTY&SC congratulates Royston Crandon and Shermaine Campbell
Players hit maiden tons at national level The President, Executive and members of the Rose Hall Town Youth & Sports Club (RHTY&SC) has offered congratulations to Royston Crandon and Shermaine Campbell on scoring centuries for the national senior male team and female under-19 teams, respectively. Crandon scored his maiden first class century against Barbados in [...]
Annual Hat Show for this weekend
The Inner Wheel Club of Georgetown will be hosting its annual Hat Show and Garden Party at the Promenade Gardens on Saturday. Charter Member of the club, Gem Eytle, told Kaieteur News yesterday that for the past 24 years the club has been hosting the event, which has now become an annual affair. The Hat [...]
Milo finalists to be determined tonight
GDF play Pele, Sunburst Camptown oppose Fruta Conquerors By Franklin Wilson
Pedestrians killed at Grove, Kuru Kururu
An elderly pedestrian was killed at around 21:45 hrs on Monday night at Grove, East Bank Demerara and another lost his life yesterday after being hit by a truck near Kuru Kururu on the Soesdyke/Linden Highway. According to reports, Joseph Cockfield, 72, of Second Street, Grove, was pushing a bicycle across the road when he [...]
Agricola gang terrorizing household
The stoning of the home of Leonard Redman and Maureen Fernandes, which took place at approximately 1:00 hour yesterday, is just another action of a gang, based in Agricola, which has been terrorizing that household for a number of years, according to the homeowners. The rocks and stones, which were hurled at the Lot 26 [...]
