Latest update November 29th, 2024 1:00 AM

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

Latest News

GuySuCo Board of Directors should resign

Nov 30, 2010 Letters

Dear Editor,
It is extremely sad and most disappointing to hear Mr. Donald Ramotar (Director at GuySuCo), challenge workers to make sacrifices, when it is clear that the board and the Government have miserably failed not only the employees and families of workers at GuySuCo, but have also failed the Guyanese people at large.
GuySuCo is yet another symptom of the repeated failures of this Government. The Directors at GuySuCo have hired the failed CEO from CLICO, who frankly should be in court answering questions to the people of this country of why she broke our insurance laws.
This situation also clearly demonstrates that there are laws for the people of this country and then there are different laws for persons associated with Government. Mr. Ramotar and Mr. Gopaul have been on the Board of GuySuCo for an extremely long time and they have overseen billions of dollars in losses last year.
I have no reason to doubt that the corporation is headed right down that path this year as well. I would assume that since they are on the Board, Messrs. Ramotar and Gopaul are part of the decision to spend US$200 million with a Chinese company that had no relative experience on a project of this stature and complexity. Mr. Editor how have these men demonstrated leadership and accountability?
It is imperative that Mr. Ramotar and Mr. Gopaul step up, ‘man up’ and say listen we have failed you we are now tendering our resignations.
This Board has overseen the dramatic sell off of GuySuCo assets to many questionable personalities including one gentleman that is under investigation by US Law Enforcement for bribing a US Congressman. He also has a rap sheet that will exceed 4-5 pages. It is extremely worrying that these are the characters that Government continues to associate with and do business with.
Can GuySuCo publish information on how many reserve lands it has disposed of and where those monies are being accounted? How was it spent or more importantly where are those monies?
Mr. Ramotar, how about showing some character, responsibility and maturity and resign from this post, which both you and Mr. Gopaul have clearly failed us at. Is this not the same Board that built several facilities that had no commercial fire suppression systems and thus when a fire hit one of the new installations it went unchecked and destroyed the new building, then a security guard at GuySuCo was fired because he could not put out the fire with a sand bucket?
It was later reported that the security Guard was given back his job after many in the press pointed out that this was a brand new facility with no sprinkler or fire suppression systems.
It does not get more blatant that this company is being run by folks with zero business acumen and or expertise in manufacturing period.
It is a very serious matter to have such failures in a major corporation in Guyana which employs in excess of 20,000 people and we have zero accountability from the top. The CEO seat seems to be a revolving chair but the Board continues to be immovable.
How can a corporation with these many failures not have a single Board Member resign? Who are the decision-makers that have ruined such a fantastic company? Don’t tell us the consultants the Board hired are responsible for these failures? Did we not manage them and hold the consultants to be accountable to the Board?
There are some serious issues here and the entire Board needs to resign immediately without further delay, before we can ask anyone to make sacrifices.
Mr. Editor it is also very disconcerting to hear rumours that GuySuCo only has nine months more of cash to run on and after the elections it is expected that the government will shut the doors on the corporation for good. I would like Government to come clean and let us know the truth, will you or will you not shut down GuySuCo after the 2011 Elections?
What guarantees are Government putting in place to ensure that this will not happen. Clearly if the same Board is in place with these extensive list of failures we cannot be reassured that this company will be viable beyond next august.
Mr. Ramotar enough of your sad tales and weary stories of sacrifice, it is time for you to go sir.
Brandon Samaroo

Similar Articles

The Glenn Lall Show | November, 20th, 2024

Follow on Tik Tok @Glennlall

 

THE BLUNT OF THE DAY

Sports

Guyana Beverages Inc. partners with GFF for Maid Marian Wheat Up Women’s Cup

Guyana Beverages Inc. partners with GFF for Maid Marian Wheat Up...

Nov 29, 2024

  (GFF) — Guyana Beverages Inc (GBI) in an effort to contribute to the development of women’s football has partnered with the Guyana Football Federation (GFF) as a sponsor of the Maid Marian...
Read More
GFF provides support to EBFA U14 Boys’ League

GFF provides support to EBFA U14 Boys’ League

Nov 29, 2024

Athletics scores big at NSC National Sports Awards

Athletics scores big at NSC National Sports

Nov 29, 2024

St. Theresa’s Primary triumph in Republic Bank ‘Five for Fun’ National Finals

St. Theresa’s Primary triumph in Republic Bank...

Nov 29, 2024

Wakenaam Masters to face Parika Defenders in T20 softball affair on Saturday night

Wakenaam Masters to face Parika Defenders in T20...

Nov 29, 2024

Bakewell supports Kashif and Shanghai Futsal tourney

Bakewell supports Kashif and Shanghai Futsal...

Nov 28, 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 […]