Latest update February 20th, 2025 12:39 PM
PM promises statement on GEA
Prime Minister Samuel Hinds yesterday declined to answer questions about the recent revelations made in relation to the Guyana Energy Agency (GEA) as regards the secrecy surrounding its board of directors.
Hinds in a brief telephone interview with Kaieteur News said that he would not be responding to any questions about what Chartered Accountant Christopher Ram wrote about the GEA.
Prime MInister Samuel HInds
Hinds told the Kaieteur News Reporter, “I was having a good day until you called….I am not answering any questions, I will be issuing a statement on the matter tomorrow (today).”
Last week Ram had made his inference as he disclosed that there is some amount of secrecy surrounding the Board of Directors of the GEA. The Accountant explained that over the past week, he tried obtaining copies of the annual reports and financial statements of the Guyana Energy Agency and the names of the Directors from the entity’s Legal Officer.
According to Ram, GEA’s Chief Executive Officer (CEO), Mahender Sharma, to whom his mail was referred, would only say, in relation to the Directors, that “we are awaiting the finalization of one more Director from the Private Sector. When we have the complete list, the names can be made available to you.”
In his article, Ram hinted that there could indeed be an absence of a board at GEA, noting that after all, the term “Directors” is used only once in the GEA’s 2012-2016 Strategic Plan, while the term “governance” is missing completely.
Ram stated that “the same is true of the document titled 2012 Activities where the term “Directors” is used once – in a narrative on the law.” Ram noted that the GEA Act requires both an Annual Report and financial statements of the Agency to be tabled in the National Assembly. However, no report has ever been tabled.
According to the Analyst, it seems as if GEA has a natural hangover from former President Bharrat Jagdeo.
“There are clearly severe gaps in the Agency’s governance arrangements with the identities of the Directors a matter of secrecy.”
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