Guyana’s Assets - Credit to the New Administration

Guyana’s Assets – Credit to the New Administration

Aug 17, 2020 Letters

DEAR EDITOR,
“Control by foreign interests over strategic assets could undermine a range of national interests including national security and our ability to compete in the global economy”……..Metanyahu Englman (Israel State Comptroller).I read with interest the articles on; “Gov’t scraps Granger’s shortlist of tainted oil traders (Aug 15th), and “Gov’t uncomfortable with unfair aspects of Exxon deal” (Aug 15th).
Frankly, we do have to give this new government credit, for attempting upfront to correct the Economic plunder (in its various forms) by Exxonmobil and other foreign entities. There is proof all over the world that a lot of these companies are experts at contract exploitation tactics; and know the weaknesses of the parties on the opposite side of the negotiating table. Some members of the previous regime just walked right into the lion’s den, (MouseTrap) even though they were told not to, for many valid reasons; and subsequently sold Guyana down the river.
What this government needs to correct is so long that sometimes it just gets personally disheartening at times. We should hold all the oil entities and oil companies’ feet to the fire, and get all the correct clauses in those contracts that I know exist in their contracts with the developing world- (with checks and balances/accountability/governance, etc, etc).
I notice that in the oil traders list, most of them have done business in African countries, but most of those countries still have 80% of their population living in grinding poverty and misery, but that’s also because funds given; are diverted into personal accounts. No Thank You. We cannot let that happen here.
Guyana does not have a sign on its head saying; “For sale to the lowest bidder”.
We all should do our part (including myself) and make sure no foreign entity gets away with plundering our small country or short changing us. It’s a good thing the current administration has started early. Afterall, the majority of the citizens from these foreign entities come from countries that would never allow outsiders to plunder their assets, or short-change them; so why should we allow them to come here and do that to the people of Guyana?
Yours Truly,
Chi Kansi

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