Latest update April 7th, 2025 6:08 AM
PSC moves to elect new Chairman in wake of Mahadeo’s resignation
Yog Mahadeo
The Private Sector Commission (PSC) has announced plans to hold a Special General Meeting later this month to elect a new Chairman to replace Yog Mahadeo.
One week after he was elected to that position in the business group, Mahadeo resigned.
It will be recalled that Mahadeo had stepped down as Chief Executive Officer of the Guyana Telephone and Telegraph Company last month following an internal audit which found system breaches within the Finance Department.
Three officials from the telephone company were sent home and Mahadeo, who had publicly signaled his intentions to resign from GT&T if the audit found anything adverse, had stepped down.
He handed in his resignation the same day that he was elected Chairman of the PSC, an organization which he had been serving as the Vice Chairman.
His resignation was sparked by reports that GT&T had made cheque payments to Martin Goolsarran, Programme Director, of the National Communications Network (NCN) for camera work done on the GT&T Jingle and Song Competition late last year. Goolsarran later admitted depositing the almost $4M in cheques to his bank account. He was suspended by NCN for three months and his CEO, Mohamed Sattaur, has since handed in his resignation.
The PSC said that it met yesterday to consider the resignation of Yog Mahadeo, and to decide on the election of a new Chairman.
GT&T had indicated it had no problem with Mahadeo as Head of the PSC, despite the fact he had resigned as CEO. However, Mahadeo last week indicated that he had decided to resign, nonetheless.
“In accepting the resignation, the Commission wishes to recognize the considerable contribution which Mr. Mahadeo has made over the many years he has served the Commission both as a member and as the last Vice-Chairman,” PSC said in its statement yesterday.
Additionally, the Commission said that it decided to convene a Special General Meeting of the Council to receive nominations from the members of the Council to elect a Chairman.
“In the Interim, Vice-Chairman Mr. Clinton Urling will assume the responsibilities of the Chairman and will preside over the Special General Meeting. The Special General Meeting will be held on Wednesday July 25, 2012.”
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