Guyana pension fund loses $5.5m in Stanford deal

Feb 28, 2009 Full story: The News 12

Sunday, March 01, 2009 GEORGETOWN: A Guyanese pension-fund lost $5.5 million deposited in Stanford International Bank , President Bharrat Jagdeo said the other day.

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DOCTOR X

Lindsay, Canada

#1 Mar 2, 2009
I was told GUYANA was one hell of a place to be, but since the P.P.P took over it went to the Dogs, and I ment the DOGS. are you feeling me.
PILOT 102

Springfield, NJ

#2 Mar 3, 2009
DOCTOR X wrote:
I was told GUYANA was one hell of a place to be, but since the P.P.P took over it went to the Dogs, and I ment the DOGS. are you feeling me.
Look out Pal, them dogs got some bad fleas problems. lol
Stabroek Newspaper

Georgetown, Guyana

#3 Mar 3, 2009
Canadian High Commissioner Charles Court yesterday said that media reports claiming that the relationship between Guyana and Canada was deteriorating were untrue.

Speaking at the opening of the Canadian Executive Services Organisation (CESO) five-day ‘Knowledge Sharing and Sustainability of Results’ workshop,

Court said Canada had been helping Guyana even before the country gained independence.“Guyana is one of our focus countries,” the High Commissioner stated.“Canada has been helping Guyana for fifty years, last year.”

He stressed that Guyana will continue to benefit from the country’s international programmes like CESO.

Court lauded CESO’s hard work. CESO is a non-profit development agency founded in 1967 and it transfers the skills of its unpaid Volunteer Advisers to deserving entrepreneurs, small businesses, and social and charitable NGOs and government agencies.

By transferring the skills and experience of Canadian experts, most of whom are retired, CESO improves the ability of people to do their jobs, strengthen their economies and improve the quality of life. CESO Guyana representative, Jocelyn Williams, explained yesterday morning that the retired specialists aid in addressing issues affecting small and medium businesses.

International operations conducted by CESO are funded by the Canadian International Development Agency (CIDA). Last March, CIDA officially re-launched the CESO programme in Guyana. CESO has completed 11 assignments in the last year and has identified several partnership collaborations.

The New Guyana Marketing Corporation and Tourism and Hospitality Association of Guyana are among several organizations that have partnered with CESO to aid in executing their activities during the next five years.

Small and medium businesses in which fall under the sectors of tourism and agro-processing, as well as a series of other services will be targeted to receive assistance.

Don Johnston, President of CESO, and Dorothy Nyambi, Vice President of CESO, both spoke of their organization’s dedication to helping Guyana and countries like it.

Meanwhile, the head of the Project Cycles Management Division of the Ministry of Finance, T. Balgobin, who stood in on Finance Minister Ashni Singh’s behalf noted that CESO had run two sets of programmes in Guyana from 1991 to 1996 and a second cycle from 1997 to 2004.

The University of Guyana, the Carnegie School of Home Economics, CNS Channel 12 (Now CNS Channel 6) and the Georgetown Public Hospital were among the organizations which benefited from the past two CESO programmes.

Balgobin said CESO’s 1997-2004 programme saw the completion of 251 assignments which targeted 115 projects in manufacturing and processing and 136 projects in public and private sector service.

The launch of CESO’s workshop was held in the Essequibo Suite, Pegasus and was attended by organization representatives from Latin America, South and North Americas, Africa and Asia.
Mohamed Rahaman

Vienna, VA

#4 Mar 5, 2009
So Doctor X "you were told" that Guyana was one hell of a place to be and since PPP took over it went to the dogs.
I wonder who "told you" so. I am no defender of the PPP but the facts which I think you know are quite different. If Guyana was a hell before the PPP took over (which by the way was by DEMOCRATIC means and which the former govt., the PNC cannot claim)it was because of the PNC thugs. And if Guyana went to the dogs since, it is still because of the PNC thugs living in Buxton and other PNC strong holds. They are the ones doing the robbing, killing and giving the country a bad name. But I think that you know that already.
Veronica

Palma De Mallorca, Spain

#5 Mar 5, 2009
DOCTOR X wrote:
I was told GUYANA was one hell of a place to be, but since the P.P.P took over it went to the Dogs, and I ment the DOGS. are you feeling me.
When a Guyanese dies and God ask him/ her where he/ she is from, as soon as they say Guyana, they are sent right away to heaven because they were already in hell.
I have two dogs and they are my protectors, my companions and my very best friends.
I am wondering, how’s the country like now its gone to the DOGS.
Who/ What are DOGS?
Rajah Kahn

United States

#6 Mar 5, 2009
Veronica wrote:
<quoted text>When a Guyanese dies and God ask him/ her where he/ she is from, as soon as they say Guyana, they are sent right away to heaven because they were already in hell.
I have two dogs and they are my protectors, my companions and my very best friends.
I am wondering, how’s the country like now its gone to the DOGS.
Who/ What are DOGS?
So Veronica, you left Guyana a long time, and I can assume that you are near to heaven. I wonder. So what happens to your "poor" Fagdeo? You love so much. Will he go to heaven????/
PILOT 102

Springfield, NJ

#7 Mar 5, 2009
Rajah Kahn wrote:
<quoted text>
So Veronica, you left Guyana a long time, and I can assume that you are near to heaven. I wonder. So what happens to your "poor" Fagdeo? You love so much. Will he go to heaven????/
Rajha da man is god.Just like we are finding out more about RK and de Gov.One day we are going to find out all de lies Jagdeo tell them Guyanese at home.
Observer

Georgetown, Guyana

#8 Mar 6, 2009
DOCTOR X wrote:
I was told GUYANA was one hell of a place to be, but since the P.P.P took over it went to the Dogs, and I ment the DOGS. are you feeling me.
Well as far as i am concern the PNC has 28 years of borrowing and creating more and more debts for Guyana, it was when the PPP took over in 1992, the country was in a high debt.93% of the budget was paid for foreign debts.
Back then the Debts amounted to US$3 billion then and today it stands at US$600 million.
I wounder now who really had us to the dogs...
Observer

Georgetown, Guyana

#9 Mar 6, 2009
Mohamed Rahaman wrote:
So Doctor X "you were told" that Guyana was one hell of a place to be and since PPP took over it went to the dogs.
I wonder who "told you" so. I am no defender of the PPP but the facts which I think you know are quite different. If Guyana was a hell before the PPP took over (which by the way was by DEMOCRATIC means and which the former govt., the PNC cannot claim)it was because of the PNC thugs. And if Guyana went to the dogs since, it is still because of the PNC thugs living in Buxton and other PNC strong holds. They are the ones doing the robbing, killing and giving the country a bad name. But I think that you know that already.
I truly respect what you said MR, its actually true what you said...Look Guyana is developing, if not at a fast rate, well at least we're moving up and not going down...
The only thing that has a part to play in holding Guyana back are the oppositions and non supporters...
if we all had a positive mind and one goal i.e taking Guyana forward, then i see Guyana as a far better country...
Presently the president is in D.C discussing the climate changes, but yet these people don't acknowledge the dedication he is putting into this country...
PILOT 102

Springfield, NJ

#10 Mar 6, 2009
Observer wrote:
<quoted text>
Well as far as i am concern the PNC has 28 years of borrowing and creating more and more debts for Guyana, it was when the PPP took over in 1992, the country was in a high debt.93% of the budget was paid for foreign debts.
Back then the Debts amounted to US$3 billion then and today it stands at US$600 million.
I wounder now who really had us to the dogs...
Look around you Pal, Jagdeo is doing the same darn thing, he goes around the globe with his PPP tin cup looking for a hand out. Is you and your children/grand children that would have to pay da money back. But you JOKERS / SUPPORTERS ARE SO GOD DARN STUPID YOU NA SEE DA. When the AFC take over then gan say awee ga fo pay back all da money Jagdeo borrow from them White Man.When the hell are you guyanese at home is going to learn to live with in your means.All you want to do is borrow today payback tomorrow.
PILOT 102

Springfield, NJ

#11 Mar 6, 2009
Mohamed Rahaman wrote:
So Doctor X "you were told" that Guyana was one hell of a place to be and since PPP took over it went to the dogs.
I wonder who "told you" so. I am no defender of the PPP but the facts which I think you know are quite different. If Guyana was a hell before the PPP took over (which by the way was by DEMOCRATIC means and which the former govt., the PNC cannot claim)it was because of the PNC thugs. And if Guyana went to the dogs since, it is still because of the PNC thugs living in Buxton and other PNC strong holds. They are the ones doing the robbing, killing and giving the country a bad name. But I think that you know that already.
Now you don talk about the thugs,and you are correct in doing so, lets move to the next page.Tell us about the BIG TIME DRUG DEALERS Pal. Lets call it for what it is.TELL US ABOUT RK AND THE SPY EQUIPMENT,when asked about it Jagdeo said me na know about da. His words not mines.By the way is who paying them thugs to rob and kill ? Lets have a go at it Pal. your turn.
gtxxclusive

Georgetown, Guyana

#12 Mar 16, 2009
PILOT 102 wrote:
<quoted text>Now you don talk about the thugs,and you are correct in doing so, lets move to the next page.Tell us about the BIG TIME DRUG DEALERS Pal. Lets call it for what it is.TELL US ABOUT RK AND THE SPY EQUIPMENT,when asked about it Jagdeo said me na know about da. His words not mines.By the way is who paying them thugs to rob and kill ? Lets have a go at it Pal. your turn.
What is there to know about RK? Isn't this guy in Prison? The spy equipment that was confiscated from him is been kept at Eve Leary in a safe place.Those thugs are finance with the money and valuable they stole.

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