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May 30, 2012    

No more 'Jim Cock Bring Ram Goat' excuses

Mr Friend,


Firstly we must thank NCN for opening the door to the opposition for TV time, but it will be fruitless to debate unless we get the draft accounts and the cooperation agreement with NICIL and the PU.  Let us make it clear, we have a methodology as to how we arrived at the missing $50 billion figure and it is furthest from the truth what the NICIL Board members are trying to portrait.  But to protect our sources we have to "stan easy for now".  More to come later!

So this $50 billion figure is no "pie in the sky figure" and we ask the Guyanese people to stay with this figure because the NICIL Board is yet to provide tangible evidence to the public.  The time is soon approaching when they will have to either "put up or go to jail".  We presume they will try a Henry Greene on the legal system when their time arrives.  So much for justice in Guyana!
We know that there is a culture of secrecy surrounding NICIL operations, but in the gallery of public opinion, we are convinced in our conviction that Guyanese are predisposed that much is wrong with NICIL's financial transactions and unless the Ramotar administration fixes this situation promptly, expect the beginning of the end. NICIL will be its Achilles' heel.

The public debate at NCN has revealed that NICIL has US$3.5 million in cash but is committing US$19 million to the Marriott Hotel.  Where is the difference (US$15.5 million) coming from?  That debate confirmed that the NICIL Board has no problem with the real conflict of interest with a wife auditing a husband, and its CEO purchasing shares for his brother who resides in the U.S.  How more bizarre can this get?

Nothing has changed in this minority regime-nepotism, discrimination, patronage, and wanton corruption are still the order of the day. The new culture of "it's our time now in the PPP to tek" is very much alive and well. When will the tekking end in the PPP?
This nation is in crisis morally, spiritually, economically and socially.  We were all under the impression that with the change in Government, the PPP would have swept the Jagdeo regime under the carpet and cleaned up its act.  But we are baffled at the energy being poured into maintaining the Jagdeo status quo.

The public record of the PPP administration's statements and utterances on NICIL and other slush funds revealed a disturbing trend of apparent deliberate misinformation. As if this was not bad enough, the Attorney General claimed that NICIL operated within the law and he sees no conflict of interest.
Did Jonathan Brassington benefit from insider information?

The moral crisis gets worse when the Guyanese public learned that one  Jonathan Brassington was the beneficiary of a $225 million deal in Hand-in-Hand Trust soon after his brother, Winston Brassington, privatized that entity. This transaction reminds us of RAJ RAJARATNAM (the Bangladesh stock broker jailed in the US) who was found guilty of conspiracy and securities fraud crimes stemming from his involvement in insider trading in the United States.

Although some would have us believe that NICIL has only $700 million in cash and that all its transactions were legal, we in the AFC are not buying their "JIM COCK BRING RAM GOAT" story. We will continue to sensitize and educate the people, particularly the poor and the working class that it is the ultimate responsibility of the minority PPP regime to tell the nation what has happened to the remaining $49.3 billion. They ought not to shy away from their obligation. This is their moral responsibility.

With $50 billion of taxpayers' money unaccounted for, with sugar production just over 60 percent of its target for the first quarter of 2012, and with no economic development plan aimed at creating jobs for the youths, the minority PPP regime has forfeited its right to govern.
It must be made unequivocally clear that if voluntary compliance is not enough to get the board of directors of NICIL to tell the truth about the missing $50 billion, then Parliament and the opposition must act to ensure that the enablers are held legally accountable for the reckless misuse and squander of the taxpayers' money.
Only then will this delinquent behaviour of merely covering up for the "big fishes" will come to an end. Today, the poor and the working class whom the PPP has abandoned are the by-products of a vicious cycle-a cycle of theft, corruption and fraud which has been fortified by the regime-a regime that has not demonstrated the political will to effect change.

Sadly, the poor and the working class are left to fend for them selves and as they become poorer, the "big fishes" in the PPP are getting richer. One only has to reflect on the Stabroek News editorial of May 24, 2012 to get a reality check of what is happening in Guyana.
Let us use this opportunity to remind the Guyanese public that the World Bank's Governance Indicators reflect that the PPP Government has a serious problem with corruption.

The reason is that in the past, the police have not demonstrated the will to touch the "untouchables," so doubts will linger as to whether they have now developed the capacity to do so.
Can the people rely on the police to do their job? Only time will tell. Good intentions and political will may serve to arouse a perception of public interest, but that may be as far as it goes. It's going to be interesting to see what happens.

 

Yours faithfully,
Dr Asquith Rose and Sasenarine Singh

Replies sorted oldest to newest

It must be made unequivocally clear that if voluntary compliance is not enough to get the board of directors of NICIL to tell the truth about the missing $50 billion, then Parliament and the opposition must act to ensure that the enablers are held legally accountable for the reckless misuse and squander of the taxpayers' money.
Only then will this delinquent behaviour of merely covering up for the "big fishes" will come to an end. Today, the poor and the working class whom the PPP has abandoned are the by-products of a vicious cycle-a cycle of theft, corruption and fraud which has been fortified by the regime-a regime that has not demonstrated the political will to effect change.

When will PPP investigate its thieves?

Mitwah

Sase, former big snake and not Big fish, from the PPP writing about things he dreamt up in his now soup seeking mind. This big snake swallowed so many whole prey while in a prestigious position in the same PPP admin. that he can go without food for another 5 elections. No wonder the brother is behaving bad. 

 

Myth, what does Sase do for a living now?

Billy Ram Balgobin
Originally Posted by Billy Ram Balgobin:

Sase, former big snake and not Big fish, from the PPP writing about things he dreamt up in his now soup seeking mind. This big snake swallowed so many whole prey while in a prestigious position in the same PPP admin. that he can go without food for another 5 elections. No wonder the brother is behaving bad. 

 

Myth, what does Sase do for a living now?

I don't know. Tulsidaas was once a rogue.

Mitwah
Originally Posted by Billy Ram Balgobin:

Pundit Myth,

 

I am familiar with the story of Valmiki being a rogue who changed his life and achieved greatness. Tulsidaas wrote some of the greatest bhajans that Hindus chant throughout the world. I don't know how a Sase fits in with the these divine beings.

Man can change. Same goes for you when you come to realize that you are part of divinity and can actualize it. This is refered to as Self Realization and Sel Actualization. When you came into this world you were given the choice of two paths. Tulsidaas was insulted by his wife for his sinfull ways and turned around his life by using that energy to translate the Ramayan from Sanskrit to Hindi.

 

Why are you shooting the messenger?

Mitwah
Originally Posted by Billy Ram Balgobin:

Sase, former big snake and not Big fish, from the PPP writing about things he dreamt up in his now soup seeking mind. This big snake swallowed so many whole prey while in a prestigious position in the same PPP admin. that he can go without food for another 5 elections. No wonder the brother is behaving bad. 

 

Myth, what does Sase do for a living now?

Typical PPP propagandist methodology - attack the messenger. We don't need answers on what Sase does for a living. We need answers from NICIL who are robbing the working class Guyanese of their daily bread.

Mars
Originally Posted by Mitwah:
Originally Posted by Billy Ram Balgobin:

Pundit Myth,

 

I am familiar with the story of Valmiki being a rogue who changed his life and achieved greatness. Tulsidaas wrote some of the greatest bhajans that Hindus chant throughout the world. I don't know how a Sase fits in with the these divine beings.

Man can change. Same goes for you when you come to realize that you are part of divinity and can actualize it. This is refered to as Self Realization and Sel Actualization. When you came into this world you were given the choice of two paths. Tulsidaas was insulted by his wife for his sinfull ways and turned around his life by using that energy to translate the Ramayan from Sanskrit to Hindi.

 

Why are you shooting the messenger?

 

You are saying that Sase is a former rogue from the PPP who sought redemption by joining the AFC?

Billy Ram Balgobin
Originally Posted by God:
Originally Posted by Billy Ram Balgobin:

Sase, former big snake and not Big fish, from the PPP writing about things he dreamt up in his now soup seeking mind. This big snake swallowed so many whole prey while in a prestigious position in the same PPP admin. that he can go without food for another 5 elections. No wonder the brother is behaving bad. 

 

Myth, what does Sase do for a living now?

Typical PPP propagandist methodology - attack the messenger. We don't need answers on what Sase does for a living. We need answers from NICIL who are robbing the working class Guyanese of their daily bread.

 

 The AFC had an opportunity to present its case to the nation. They chose not to show up fearing a fiasco. You can't just press charge against someone then don't show up in court on the day of trial. Your case is null and void.

 

Billy Ram Balgobin
Originally Posted by Billy Ram Balgobin:
Originally Posted by Mitwah:
Originally Posted by Billy Ram Balgobin:

Pundit Myth,

 

I am familiar with the story of Valmiki being a rogue who changed his life and achieved greatness. Tulsidaas wrote some of the greatest bhajans that Hindus chant throughout the world. I don't know how a Sase fits in with the these divine beings.

Man can change. Same goes for you when you come to realize that you are part of divinity and can actualize it. This is refered to as Self Realization and Sel Actualization. When you came into this world you were given the choice of two paths. Tulsidaas was insulted by his wife for his sinfull ways and turned around his life by using that energy to translate the Ramayan from Sanskrit to Hindi.

 

Why are you shooting the messenger?

 

You are saying that Sase is a former rogue from the PPP who sought redemption by joining the AFC?

I am not responsible for your lack of comprehension. If you want to swing go find a tree.

 

When will your PPP/C investigate its own thieves? Ramotar and Ramkarran admitted to the corruptions before the elections.

Mitwah
Originally Posted by Billy Ram Balgobin:
Originally Posted by God:
Originally Posted by Billy Ram Balgobin:

Sase, former big snake and not Big fish, from the PPP writing about things he dreamt up in his now soup seeking mind. This big snake swallowed so many whole prey while in a prestigious position in the same PPP admin. that he can go without food for another 5 elections. No wonder the brother is behaving bad. 

 

Myth, what does Sase do for a living now?

Typical PPP propagandist methodology - attack the messenger. We don't need answers on what Sase does for a living. We need answers from NICIL who are robbing the working class Guyanese of their daily bread.

 

 The AFC had an opportunity to present its case to the nation. They chose not to show up fearing a fiasco. You can't just press charge against someone then don't show up in court on the day of trial. Your case is null and void.

 

How are they going to present their case in court when the thieves are denying them access to gather all the evidence? 

Mars

Nothing has changed in this minority regime-nepotism, discrimination, patronage, and wanton corruption are still the order of the day. The new culture of "it's our time now in the PPP to tek" is very much alive and well. When will the tekking end in the PPP?
This nation is in crisis morally, spiritually, economically and socially.  We were all under the impression that with the change in Government, the PPP would have swept the Jagdeo regime under the carpet and cleaned up its act.  But we are baffled at the energy being poured into maintaining the Jagdeo status quo.

 

 

When will the PPP investigate its own thievs?

Mitwah
Originally Posted by Billy Ram Balgobin:

You come to a conclusion after you gathered evidence and not vice versa.  Go tell that to your bosses in the AFC.

God has no boss in the AFC clown. Based on all the billions in state assets that the NICIL thieves disposed of, one can easily estimate the amount of revenue and arrive at a ballpark figure for their holdings. It's not rocket science. Show them the books and prove them wrong. Time to put up or shut up.

 

I guess you see nothing wrong with a director's wife doing the audit, the CEO buying shares of an acquired company for his brother (insider trading in the US), or the Finance Minister having reporting responsibility for this company of which he's also a director. He reports to himself. What a joke!!! 

Mars
Originally Posted by Billy Ram Balgobin:

Why Moses and Ramjattan ran away from the Debate and ended up drinking beers in Sheriff Street??

What debate? I missed it. It was just a few thieves pompazetting and trying to cover their tracks. No need to show your face and give credibility to a farce.

 

Why did they turn down Chris Ram's request to do an audit or even present the books cooked by the director's wife? 

 

Give them access to gather evidence and they will show up.

Mars
Originally Posted by Billy Ram Balgobin:

Chris Ram confessed that his info. was based on speculations and nothing evidential. What more do you want to hear?

That's why he asked for access to do an audit for which he's being denied.

 

Speculation leads to a ballpark estimate and it's not the GUY$750 million that one government official tried to con the public with. Only a fool would believe that this firm has sold billions in state assets and can only account for GUY$750 million in holdings.

Mars

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