No kickback, no contract… Accusation of: How GuyOil terminated contracts

Post a comment or leave a trackback: Trackback URL.


  • kamtanblog  On 10/14/2019 at 3:33 am

    Tip of the iceberg of how corruption
    can destroy an economy/nation state.
    There will be many more such expose.
    When corruption becomes endemic
    in society no antibiotics can cure.
    Surgery next solution.
    The cancer of corruption will
    destroy Guyana unless the newly
    elected jackasses take the neccessary
    action and institute enforceable anti
    corruption laws ASAP.

    Remain hopeful


  • guyaneseonline  On 10/15/2019 at 4:35 pm

    GUYOIL defends termination of Trinidad & Tobago contracts
    -rejects bribe allegation

    By Stabroek News October 15, 2019

    Chief Executive Officer of the Guyana Oil Company Limited (GUYOIL) Renatha Exeter yesterday defended the decision to terminate three contracts with a Trinidadian company and in a statement, GUYOIL last night assailed a Kaieteur News report on Sunday which alleged that a failed bribery attempt had been the cause of the rescinding of the contracts.

    Exeter yesterday told Stabroek News that the decision to terminate three contracts with Trinidad and Tobago firm Commissiong and Company Limited last week was made by the state-owned company’s Board of Directors in accordance with extant tender rules.

    Exeter also maintained that at no point was any single individual responsible for either awarding or terminating the contracts, which terminations she insists were made on the basis of the Trinidadian company’s failure provide a bank guarantee or bond through a local bank.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s