Questions for GuySuCo

first_imgDear Editor,Below are some questions for the Guyana Sugar Corporation (GuySuCo).1. What is the last year of audited accounts and has this been made a public record?2. Has GuySuCo’s procurement procedures being complied with?3. Has GuySuCo disposed of any of its assets and have these been based on public tenders and valuations. How much has been raised and how does this compare with the valuation. Is this information a public record?4. Is GuySuCo up to date with its remittance of PAYE and NIS deductions and obligations5. Are all severance payments up to date?6. Will Government make whole the GuySuCo pension plan deficit and will those workers be guaranteed their full pension benefits?7. Is there a business plan that is being followed and is this a public record?8. How many acres of land does GuySuCo own? How much is leased?9. What percentage of the land owned or leased to GuySuCo is been utilised.10. What is the total funds provided to GuySuCo since the People’s Progressive Party left office?11. Who has responsibility for accounting for the proper use of the monies lent to GuySuCo?12. Will the G$30 billion be repaid by GuySuCo or Government?13. Is there a business plan that shows that these funds will be repaid? Has this been laid in Parliament and made a public record?14. Is Government giving a guarantee to the lenders of the G$30 billion and who will be responsible for ensuring that the funds are properly accounted for.15. Would it be cheaper for Government to borrow the money directly and lend GuySuCo, thus ensuring lower borrowing costs and full transparency and accountability?Sincerely,Name withheldlast_img

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