Latest update September 9th, 2026 10:25 AM
Mar 11, 2017 Letters
Dear Editor,
When he took the job as Chairman of Guysuco, Dr. Clive Thomas knew fully well that his track record of him being a business leader who has successfully run any business, cannot stand up to scrutiny , much less turnaround an ailing one. The Globe Trust Bank is a clear example of this. When it came to the task of Asset Recovery, Thomas again failed the nation. In the grand scheme of things, Thomas is not even suited to chair the largest state-owned corporation in Guyana with assets on its books worth over G$100 billion.
However, when it comes to the academic world, no one can question his writings. That is why he has the potential to be one of the best Presidential Advisors on Economic Affairs ever in the history of Guyana. He is a talk and write man; not an action man. It is quite a tragedy that this recognized distinguished academic has allowed himself to be used and abused by lesser minds today, to the extent that, his academic legacy will forever be compromised.
If you observe the actions of Thomas some 30 years ago and his actions today, you can see he has transformed himself. Here is a man who was in the forefront of the struggle to free Guyana from the ruling dictatorial bourgeoisie some 30 years ago. But today with power in his hands, he has actually metamorphosed into a servant of an incompetent and confused cabal of oppressive politicians.
What we are seeing today from Thomas is that he actively facilitates knee-jerk decisions that have destroyed the lives of thousands of rural Guyanese from all races on the sugar belt. People will not remember him for how many academic papers he wrote. The masses will remember him for being the man that placed the final nail in the coffin of the sugar belt. The masses will also remember Thomas as the man who used the perfectly good principle of asset recovery to perpetuate a political witch-hunting exercise. How can Thomas publicly display such a callous indifference to the totality of State Theft, which was fostered by all sides – before 1992, after 1992 and after May 2015? Why has SARA not investigated the Durban Park Project and the Sussex Street Bond?
Sase Singh
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