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FM
Former Member

MOSES NAGAMOOTOO WRITES:

"Efforts to Rescue Sugar: The industry was bankrupted by the Jagdeo-Ramotar-Raj Singh Gang, who left no money to pay sugar workers. Many people feel that this Gang must be investigated and jailed, if found culpabable, for their economic crimes against an estimated 60,000 persons who directly and indirectly depend on the industry for a living.
Jagdeo poured $47 billion into the Skeldon factory to modernize and rehabilitate it. Another $17 billion was voted by parliament to bail the industry out from bankruptcy. No proper audit has been done into where the $64 billion went. In the meantime, the Gang sold off sugar cane lands to their friends and cronies and hive off the co-generation (electricity from bagasse) operations for US$30 million.

Money was poured on Guysuco like water on a duck's back.
In government just a few days ago, we were told that the old Gang had set up the sugar industry for closure, so we get the blame. This infuriated me as a criminal set up, and I called for the CEO and Board to be fired. They must also be investigated and face justice!
In the meantime, your new government worked over time to find sources for funding of the industry to prevent closure. Funds were sourced from Jamaica as advance on payment amounting to $400 million, and European Union grant was identified for more emergency funding. These are only short term measures as the sugar industry still remains on the critical list, having been crippled by the PPP/C gang.
Sugar workers must not only take note of this betrayal they must condemn the theft of their NIS contributions and their welfare funds.
They must also demand an immediate shake up in Guysuco.
In the meantime, agriculture Minister Noel Holder and I continue to search together for all assistance that could bring relief to the sugar industry, which resulted in talks with Indian and Cuban officials."

Replies sorted oldest to newest

Originally Posted by Ramakant-P:

Sugar and rice is the backbone of Guyana's economy.  Moses should learn to be diplomatic when dealing with people in these industries. 

 

if sugar fails and the Industry is bankrupted, it will go down in history that it was under Moses's watch that the industry failed.

Are you simply stupid or it's just the daru talking on a Saturday night? The sugar industry has been in crisis for years under the PPP. Every year for the last few years, it has needed a massive cash infusion to stay afloat. The sugar industry was already dead on arrival when the PPP left a couple weeks ago.

Mars
Originally Posted by VishMahabir:

Moses is being an idiot and he is playing politics. He should definitely find a way to fire Raj Singh and try to fix the industry rather than casting blame now.

He is right to blame the PPP for placing the new gov't in this difficult position, where they have to scrounge up money from all sources to prevent closure.

 

If by the end of the year he doesn't have a plan to either resuscitate Guysuco,, or sell it as Guymine was sold, then it becomes an APNU AFC problem.

 

The PPP cannot run away from the massive destruction that we are now learning about.  After all 30 years after Burnham died, they still blame Guyana's woes on him.  So why run away from the fact that they ran Guysuco into the ground?

FM
Originally Posted by TI:

Moses playing the fool. That is how Guysuco was run last year and the year before...by moving around and loans. How come he did not know it was running in the red?  Everybody knew!

There were suspicions of dire consequences for the industry given its need to always ask for money and declining output but the full scope of the problem was hidden in the PPP totalitarian regime. I do not have the time nor do I care to go and bring those speeches from Roopnarine, Moses, Ramjattan etc demanding an full accounting. You also ought to know that it was on that account they rejected the six billion subsidy. The PPP did not submit an accounting!

 

There was speculation that GUYSUCO may need another 7 billion this year. No one know it was running on fumes and owed a full third of the nations GDP. It is quite silly of you to say Moses should have known. He should have if the PPP did their duty to inform the Assembly of what and where the money allocated to their offices as management went.

FM
Last edited by Former Member
Originally Posted by Ramakant-P:

Sugar and rice is the backbone of Guyana's economy.  Moses should learn to be diplomatic when dealing with people in these industries. 

 

if sugar fails and the Industry is bankrupted, it will go down in history that it was under Moses's watch that the industry failed.

Sugar and rice are our backbone  if we were jelly fish. You are an amoral idiot if you insist it is on Moses Watch Sugar failed. It owes what it cannot produce in half a decade at current rates! In short sir, even through your drunken haze that ought make you gag a bit.

FM

PPP had been killing sugar all along and during the campaign, they turned it around and spread a rumor in Berbice that the Coalition will close sugar.

 

On Berbice TV during the campaign, Dr. Jerry Jailall from the diaspora explained to the people that Jagan wrote about "bitter sugar" in the West on Trial and that under the PPP that it was still "bitter sugar," and that there were more sugar strikes under the PPP than under the PNC.

FM
Originally Posted by Jay Bharrat:

PPP had been killing sugar all along and during the campaign, they turned it around and spread a rumor in Berbice that the Coalition will close sugar.

 

On Berbice TV during the campaign, Dr. Jerry Jailall from the diaspora explained to the people that Jagan wrote about "bitter sugar" in the West on Trial and that under the PPP that it was still "bitter sugar," and that there were more sugar strikes under the PPP than under the PNC.

Moses promises 20 million dollars for the Sugar Industry.  Where is the money he promised? 

R
Originally Posted by Shaitaan:
Originally Posted by Ramakant-P:

Moses can't used the Previous GUYSUCO administration's  incompetence for not doing anything about the fixing of the problem.

 

So you actually admit the previous PPP administration of GuySuco was "incompetent"?

I don't admit to anything because it doesn't matter now as the Moses Nagamootoo found them to be incompetent.  He is Judge, Jury and executioner.  The New Government is more incompetent than the Previous one. 

R

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