Dr. C. Kenrick Hunte questions why $3B is going only to rice farmers in Regions 5 and 6, calling it exclusionary.
Dr. C. Kenrick Hunte challenges Khemraj Harryram to prove GAIBANK gave loans to 'PNC cronies' and name the borrowers.
A real development bank needs trained credit staff and a decentralised regional network, Dr. Hunte writes, or it will fail.
Hunte says a Guyana Development Bank that lends without interest or collateral would become a welfare agency draining scarce resources.
Berkshire’s 35% Chevron sell-off may reflect alarm over Guyana tax and environmental issues, OGGN’s writers suggest.
OGGN says Chevron’s Guyana oil profits rest on zero-out-of-pocket taxes and dangerously limited spill liability.
Guyana gave up US$14.3B in oil earnings through tax payments and a profit squeeze, Hunte and co-writers say.
OGGN says Chevron’s Guyana profits rest on zero-out-of-pocket taxes and capped spill liability that defy Berkshire’s stated ethics.
OGGN says Exxon and partners used “two-pocket accounting” under the 2016 PSA to cut Guyana’s profit share by US$9.1B.