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ROHEE AND KORHEE

Jun 17, 2015 Letters

Dear Editor,
The sacking of Dr. Raj Singh as the Chairman of GUYSUCO was long overdue. This individual, whose Doctorate qualification is at best questionable and fabricated, presided over the demise of Guyana’s largest employer while receiving a super salary of over $2 million monthly.
The appointment of Raj Singh from its onset was highly political as the individual has no background in management, never headed any company of more than a dozen employees nor did he ascend to any top (or mediocre)  corporate position. Mr. Singh’s knowledge of sugar revolved around his coffee cup. As president of the Association of Confused Guyanese in New York his ‘leadership’ precipitated the splintering of the group into several factions.
But what is pathetic and lopsided about this person’s thought process is the rejection in 2012 of a higher offer of US$700 per ton for sugar by Tale and Lyle, almost three times today’s world market prices. This would have seen GUYSUCO and the people of Guyana receiving some $14B more!!  Mr. Singh and his board held out for higher prices. Instead, sugar dropped to $US350 per ton within three years, propelling the corporation to ask for a further bailout of $16B.
Amidst all this mess comes Rohee. Rohee is upset because Mr. Singh was labeled incompetent. Not being a very cognizant and educated person, Rohee parrots the old adage: he was fired because of his ethnicity and political alignment.
With this line of reasoning Mr. Rohee would have kept Mr. Singh as head of the sugar corporation thereby perpetuating more bailouts. Mr. Rohee should ask his former boss, Jagdeo why he gave the Chinese US $30M more to build a technological white elephant at Skeldon instead of using the Indian company.  Perhaps goat did bite Mr. Rohee.
Guyanese have to further brace themselves for political agony as the Puerto Rican and US authorities gain additional information about pilot Khamraj Lall (who has pleaded guilty) and whose money he was carrying.
Leyland Chitlall Roopnaraine

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