ExxonMobil submits padded list to Gov’t on local content

Jun 06, 2018 ExxonMobil, News

…Bourda Market, Haags Bosch Dumpsite, Shanta’s Roti Shop among ‘companies’ listed

USA oil and gas giant, ExxonMobil, has provided the Government of Guyana with a list of companies it used as part of its local content obligations in the first quarter of 2018.
But the list of “registered companies” is padded with the names of 41 individuals. These include Dennis Charran, Mokesh Daby, Colin Daniels, Colvin Lockhart, Kembleton Clyne, Kurt Branker, Ramesh Seebarran, Ganesh Ajodha, Gary De Jesus, and Stan Gouveia.
It also duplicates the name of Ram and McRae, an accounting firm. It is listed as Ram & Mcrae and three spaces later as Rams and McRae.
Speaking with Kaieteur News, yesterday, two international local content experts said, “The number of companies used by ExxonMobil is immaterial. The crux of the matter is ‘the value of the investment’ made by ExxonMobil.
In this regard, they said that Guyana’s Parliamentarians should call on the company to give a detailed breakdown of how many companies benefitted from US$1M, US$500,000, $100,000 and under US$50,000.
“With that breakdown, you will be able to see if the country is getting chicken feed or real investment…
With meaningful investment, the sectors that support the operations of the company would be able to see real expansion and development,” one of the Local Content expert explained. (See full list of companies below)

Discover more from Kaieteur News

Subscribe to get the latest posts sent to your email.

Latest News