Tag Archives: Corruption in Guyana is most widespread outside of government

Guyana: A culture of dishonesty – commentary

Guyana: A culture of dishonesty

opinionJun 11, 2016 Editorial, – Kaieteur News

Fraud seems to be commonplace in the society. The forensic audits have uncovered many instances. The argument is that no individual has been fingered so it is difficult to institute charges. However, numerous files have been handed over to the police for action.

In one case, to wit, the file on the National Industrial and Commercial Investments Limited, NICIL, there is one school of thought that suggests that the statute of limitation has passed. The argument is rooted in the Companies Act and states inter alia, “A prosecution for an offence under this Act or the regulations may be instituted at any time within two years from the time when the subject matter of the prosecution arose.”   Continue reading

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