Latest update January 17th, 2025 6:30 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

Break-in at NICIL/SPU office at LBI

Aug 06, 2020 News

– 1.6 million cash, cheques missing

Police are investigating a break-in at one of the offices of the National Industrial and Commercial Investments Limited/Special Purposes Unit (NICIL-SPU) at La Bonne Intention (LBI) estate compound, East Coast Demerara (ECD).
Police sources disclosed that the “break in” occurred sometime between 17:50hrs Tuesday and 07:00hrs yesterday. It was disclosed that $1.6M in cash along with millions worth in cheques were reported missing.
According to information reaching this publication, police were seen conducting investigations in the compound early yesterday.
It was later revealed that someone had broken into a NICIL-SPU office located in the compound. This newspaper was also told that the office housed key business documents involving NICIL/SPU.
Kaieteur News contacted Racheal Henry, one of the officials in charge of the NICIL-SPU LBI location, to verify these claims. However, up to press time, the official was still with police investigators.
She stated that all she knew was “there was a break-in of one of the offices” but was not sure which one. It was also unclear as to who made the report to police.
When asked if there were any guards on duty, she responded: “Yes, there are normally security guards who are stationed at front gate of the estate compound”.
The compound in question is gated and was once part of the vibrant LBI estate, which was eventually closed.
Henry promised that she will give more clarity on the issue later since she was at the time being detailed by investigators on their findings.
Under the previous administration, NICIL/SPU was responsible for the privatization and divesting of four major sugar estates in Guyana that were closed. These include Wales, Skeldon, Enmore and Rose Hall.
NICIL/SPU recently came under scrutiny for the sale of critical lands in the Ogle area that are worth billions.

Similar Articles

The Glenn Lall Show | January, 13th, 2025

 

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

Windies captain Brathwaite stresses bravery, belief ahead of Pakistan Test Series

Windies captain Brathwaite stresses bravery, belief ahead of Pakistan...

Jan 17, 2025

SportsMax – With the stakes high and the odds challenging, West Indies captain Kraigg Brathwaite has placed an unyielding focus on self-belief and bravery as key factors for his team to deliver...
Read More
In-form Savory dazzles on second day with classy half-century

In-form Savory dazzles on second day with classy...

Jan 17, 2025

Moo Milk sponsors National U12 Chess tourneys

Moo Milk sponsors National U12 Chess tourneys

Jan 17, 2025

Determinators’ 2-1 win over Pele FC keep them alive as DeJonge needles Potaro

Determinators’ 2-1 win over Pele FC keep them...

Jan 17, 2025

Lusignan Golf Club to host Inaugural GBTI Mastercard Golf Classic this Sunday

Lusignan Golf Club to host Inaugural GBTI...

Jan 17, 2025

GFF Referee department recognizes top performances at Referee Award Ceremony, FIFA badges issued

GFF Referee department recognizes top...

Jan 17, 2025

Features/Columnists

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]