Latest update December 22nd, 2024 4:10 AM
May 13, 2012 Letters
Dear Editor,
President Ramotar has broken his silence on NICIL not putting its money into the Consolidated Fund. Many have argued that this practice is a violation of Section 216 of the Guyana Constitution.
Former Auditor General, Anand Goolsarran, said NICIL’s refusal to hand over the money to the Consolidated fund is “criminal” (Kaieteur News, May 6th). This gentleman went on to say, “I have no recollection that Parliament has authorised any expenditure from the NICIL accounts neither am I aware that NICIL, as a state-owned company incorporated under the Companies Act of 1991, has the authority to intercept funds that truly belong to the Consolidated Fund and to use such funds for purposes extraneous to the defraying of certain expenses referred to above.”
The $50 billion or more NICIL is withholding from the Consolidated Fund is our money. And those arguing against the withholding have made a very convincing case.
Hence, President Ramotar’s claim that NICIL isn’t doing anything illegal, it becomes his responsibility to prove so by making known to the public the law and/or section in the Constitution that allows him to make such claim. Saying it isn’t so does not automatically make it so, neither is the president above accounting to the people. The citizens need iron clad evidence from the president.
M.A.Bacchus
Dec 22, 2024
-Petra-KFC Goodwill Int’l Series concludes day at MoE Kaieteur Sports- The two main contenders in the KFC International Under-18 Secondary Schools Goodwill Football Series faced off yesterday ahead...Peeping Tom… Kaieteur News- The ease with which Bharrat Jagdeo, General Secretary of the People’s Progressive Party... more
By Sir Ronald Sanders Kaieteur News- The year 2024 has underscored a grim reality: poverty continues to be an unyielding... more
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]