Latest update November 7th, 2024 1:00 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

Murray flays Finance Minister for not updating on CLICO

Feb 17, 2010 News

Shadow Finance Minister Winston Murray during his contribution to the budget debates yesterday flayed Finance Minister Dr Ashni Singh for what he called unresponsiveness on his part as it relates to updating the Economic Services Committee on the Colonial Life Insurance Company (CLICO) debacle.
Murray told the house that on at least two occasions that committee has written to the Minister to appear before the body to provide updates and this call was unheeded.
This he said was despite the fact that the Parliament had approved a motion calling on that committee to monitor the developments as it relates to the CLICO fallout.
Opposition Leader Robert Corbin had tabled a motion in the National Assembly to have an investigation into the affairs of CLICO but the motion was watered down to call on the Economic Services Committee of Parliament to monitor the developments as these unfold in relation to CLICO (Guyana).
Corbin, who tabled the motion for debate, told the House that his party had long called for a ‘think tank’ to be established, so that suggestions could be forthcoming on how to best cushion against the impact of the global financial crisis.
Instead, he said, the nation was regaled with the sentiment that the Government had everything under control.
The Motion was amended to just have the developments monitored, and according to Murray, in an effort to achieve that mandate they had been unsuccessfully trying to get an audience with Dr Singh.
Alliance For Change Chairman Khemraj Ramjattan subsequently came under fire for speaking to the media when he had expressed his dissatisfaction with the manner in which they were restricted to what he called simply reading newspaper headlines on the developments of CLICO.

Similar Articles

The Glenn Lall Show | November, 6th, 2024

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

$1.5M up for grabs at K&S National Futsal Championship

$1.5M up for grabs at K&S National Futsal Championship

Nov 07, 2024

…Tournament kicks off November 20   kaieteur Sports- The Kashif and Shanghai Organisation, a name synonymous with the legacy of “Year End” football in Guyana, is returning to the local...
Read More
Big Names Ready for Group 4 Showdown at ENET Caribbean Clash of Champions

Big Names Ready for Group 4 Showdown at ENET...

Nov 07, 2024

West Indies hammer England in series decider

West Indies hammer England in series decider

Nov 07, 2024

Guyana Amazon Warriors confirm squad for 2024 Global Super League

Guyana Amazon Warriors confirm squad for 2024...

Nov 07, 2024

Excitement brews ahead of Hamilton Green’s KO Football C/ship kickoff

Excitement brews ahead of Hamilton Green’s KO...

Nov 07, 2024

SAMUEL FOO wins SEN School’s Chess Competition

SAMUEL FOO wins SEN School’s Chess Competition

Nov 07, 2024

Features/Columnists

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]