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Originally Posted by BGurd_See:
Originally Posted by Balwant Persaud:

Please do not doubt Mr. Robert Badal's academic credentials. I taught Mr. Badal the ACCA (Chartered Association of Certified Accountants) in the mid 1980's at my school Georgetown School of Accountancy. He completed the ACCA exams in 21 months, a rare achievement where others took about 5 years. The guy is naturally brilliant. After qualifying as a Chartered Accountant he went to Guyana Stores as the Internal Auditor, then moved on to Sterling Products as the General Manager at a very young age. After Sterling Products he went to Jamaica and worked for the international accounting firm, Price Waterhouse. In Jamaica he went to the University of the West Indies and got an MBA (Master of Business Administration). Badal subsequently purchased Guyana Stockfeeds Inc., National Edible Oil co. after the privatization, established PopEyes Fast food, set up the most modern rice mill in Guyana, bought the Pegasus and many other ventures to numerous to mention here.

Mr. Badal should be treated with respect by all Guyanese regardless of their political opinions. He is simply the best entrepreneur Guyana has ever produced because he started with nothing and did not inherit any business empire.

Although Badal is so rich, he is still a grassroot person and would have a beer at the street corner shop and play pools at Buddy's Pool Hall unlike other businessmen. He donates a lot to charities. So guys, show some respect to man who provides employment to nearly 500 people in Guyana.

It is with great interest that I read your account of Mr Badal's rise to from rags to riches, almost like a fairy tale come true. But as we all know this is not reality. Mr Badal's academic credential consisted of a bottom house education while many of us went to the finest universities in the West. Notable is that after a stint in Jamaica(one of the drug capitals of the world) he suddenly had access to large amounts of money to purchase industry in Guyana. But also notable is the fact that back then there were no money laundering laws to determine the source of collateral that allowed Mr Badal to be credit worthy enough for banks to loan him large sums of money.  It is too incredulous to accept that a lowly accountant can suddenly become a real estate mogul in such a short time without assistance from the wealthy or those with questionable wealth. hmmmmm

 

BGurd_See you are devious.

FM
Originally Posted by baseman:
Originally Posted by Kari:
Originally Posted by baseman:

I have to agree, how come a staff accountant suddenly accesses the capital to purchase such large enterprises.  Something just does not add up.

The only thing you would understand that adds up is Ignorance + Bias = BaseBoard.

I know, an accountant can be very "creative".  Just going on what the the man wrote.  Maybe he missed out something, like the man won a lottery or his father left him a fortune.

that could be true minister Ali grandfather leave him a fortune

FM

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