Tag Archives: Badrie Persaud

Wanted former Rice Board accountant arrested in Canada

Wanted former Rice Board accountant arrested in Canada

Former accountant at the Guyana Rice Development Board (GRDB), Peter Ramcharran was Tuesday morning (june 20, 2017), nabbed in Canada less than one month after a Guyana court issued an arrest warrant for him.

Well-placed sources said the Toronto Fugitive Squad of the Canadian Border Services Agency arrested Ramcharran.

He remained in custody and would be granted an immigration hearing.    Continue reading

Forensic audit reveals… A family Affair at GuyOil …

Forensic audit reveals…A family affair at GuyOil…Sacked boss gave multi-million$$ contracts to brother, nephew

MARCH 25, 2016 | BY |

-approved gas station for brother-in-law
-placed $$millions in employee’s credit card

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Badrie Persaud

The forensic audit report on the Guyana Oil Company (GuyOil) is out and it speaks of deep, dirty rackets that were being run at the entity.

Its former chief, Badrie Persaud agave out contracts and benefits without any control to family and friends.
The audit, ordered last year by the David Granger administration, has been released by the Ministry of Finance. It tells of multi-million-dollar contracts by Persaud, and inappropriate transfers to an employee’s credit card to make overseas payments on behalf of that state-owned entity.
The GuyOil chief was sacked a few weeks ago for taking unauthorized decisions during his tenure.
He was sent on administrative leave mid-last year, shortly after the new government took office.   Continue reading