Latest update January 6th, 2025 4:00 AM

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

Latest News

Skeldon’s GM resigns… Estate property reportedly found at his home

Sep 28, 2010 News

A senior official of the Skeldon Sugar Factory has resigned amidst allegations of misappropriation of property belonging to the Guyana Sugar Corporation (GuySuCo).
Officials of the Corporation, yesterday, confirmed that General Manager of the estate, Vishnu Panday, handed in his resignation last week after air condition units, among other things, were found at his Turkeyen home, East Coast Demerara.
The units were said to belong to the estate.
Additionally, there were swirling questions over a tractor belonging to the estate that was sold for $3M but reflected on receipts as $30,000. There were also questions over furniture that was purchased for the estate but instead were allegedly sent elsewhere.
With the spotlight on the multi-million factory, Panday’s management style has been coming under increasing scrutiny over the past months, officials admitted yesterday.
Recently, the factory’s operations suffered a setback after a fire in the bagasse plant damaged the conveyor system.
While four employees dismissed were reinstated and five others suspended, there were complaints by a number of staffers that some systems were lacking.
It was unclear yesterday whether Panday’s resignation had to do with a growing unhappiness of the state of affairs at the estate in which millions were spent but the returns are still slow in coming.
Skeldon estate is a key part of the administration’s plans to revive a struggling industry that faced a major slash in price and increasing costs, coupled with a labour shortage and weather challenges.
The facility was handed over last year to the Guyana Government by the Chinese contractors. However, there were several technical issues, some still being resolved.

Similar Articles

The Glenn Lall Show | December, 2nd, 2024

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

Guyanese MMA star Harris set for octagon return on January 11

Guyanese MMA star Harris set for octagon return on January 11

Jan 06, 2025

Kaieteur Sports- Guyanese Mixed Martial Arts international star fighter, Carlston Harris is set for a return to the Octagon this coming Saturday against Argentina’s Santiago Ponzinibbio. Having...
Read More
GCF Calls Urgent Extraordinary General Meeting to Resolve Leadership Crisis

GCF Calls Urgent Extraordinary General Meeting to...

Jan 06, 2025

Mashramani Street Football Championships to kick off on February 1

Mashramani Street Football Championships to kick...

Jan 06, 2025

Boxing not currently on the program for the 2028 Los Angeles Olympic Games

Boxing not currently on the program for the 2028...

Jan 06, 2025

Finding better qualified Guyana Cricket Board President Options

Finding better qualified Guyana Cricket Board...

Jan 06, 2025

Kellman’s 3-goal brilliance inspires Sparta Boss’ title victory

Kellman’s 3-goal brilliance inspires Sparta...

Jan 05, 2025

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 […]