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FM
Former Member

Former Attorney General and Minister of Legal Affairs, today, filed proceedings on behalf of former President, Donald Ramotar, against the National Media and Publishing Company Limited, the publisher of Kaieteur News, National Media and Broadcasting Company Limited, who is responsible for Kaieteur News radio station, Glenn Lall, the owner of Kaieteur News and Editor-in-Chief, Adam Harris, for defamation of character.

Nandlall is seeking claims from the Defendants, jointly and severally:

(i) damages in excess of ten million dollars ($10,000,000) for libel published from the 5th day of June, 2019, and repeated on the 6th to the 13th day of June, 2019, on listed pages of the Kaieteur News under the bold and sensational headline: “WAKE UP GUYANA!!!”;

“(ii) damages in excess of ten million dollars ($10,000,000) for libel published on the 9th day of June, 2019, and repeated on the 25th June, 2019, on page two (2) of the Kaieteur News under the bold and sensational headline: “WAKE UP GUYANESE BROTHERS AND SISTERS;

“(iii) damages in excess of ten million dollars ($10,000,000) for libel published on the 12th and 13th day of June 2019, on page two (2) of the Kaieteur News under the bold and sensational headline: “WAKE UP GUYANESE Before Cat eat yuh Dinna”;

“(iv) damages in excess of ten million dollars ($10,000,000) for libel broadcasted starting on the 5th day of June, 2019, and continuing daily, in the form of a skit which explains the meaning of the articles published on page 2 of the on Kaieteur News “Kaieteur Radio Today”, a radio station operating on frequencies 99.1 FM, Georgetown and Essequibo and 99.5 FM, Berbice;

“(v) exemplary/aggravated damages;

“(vi) interest on all damages awarded pursuant to Section 12 of the Law Reform (Miscellaneous Provisions) Act Chap 6:02;

“(vii) costs;

“(viii) such further or other Order(s) as the Court may deem just and proper.

Further, Nandlall is seeking an injunction from the Court “…the Defendants by themselves, their servants and/or agents and each and every one of them from publishing or broadcasting any statement whatsoever of and concerning the Claimant which suggests or tend to suggests or convey the impression that the Claimant are engaged in, connected to, associated with, involved in malpractice and/or stole money whatsoever and howsoever; costs and such further or other Order(s) as the Court may deem just and proper.

This challenge concerns articled carried by Kaieteur News about the investigation, by the State Assets Recovery Agency (SARA), into oil blocks that were given out during the period that Ramotar served as President of the Co-operative Republic of Guyana.

Notably, despite a press release from the former President, Kaieteur News continued to publish article and news pieces on “…Kaieteur News and on Kaieteur Radio Today, respectively, which are defamatory of the Claimant and were done to cause injury to his character and good reputation.”

The Notice of Application for interim relief is set to be heard before Justice Kissoon on the 2nd day of July 2019, at 3:00 pm.

https://citizensreportgy.com/?p=11787

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Stormborn posted:

Who deliberated on leasing  the Canje block to a group of people with no history in developing oil? 

You are citing the same source as many others

 

Research the players

Vish M
Vish M posted:
Stormborn posted:

Who deliberated on leasing  the Canje block to a group of people with no history in developing oil? 

You are citing the same source as many others

 

Research the players

I know the players. None of them have the cash necessary to explore, develop and initiate the production of oil. This is a lucrative piece of state property given to coneys to leverage capital and become rich on that alone. They then sell the assets in pieces to the large companies who can do the work. Check CGX, the original lessee only retain a small portion of the asset. It was sold to larger companies after they build up lots of debt. Some of the same players and all  turn fat cats on state give away. This is a classic strategy of plundering a nations response. Many of the rich people in oil producing countries own piece of the pie through this strategy.Peter Maass in "Crude world, the Twilight of oil" spoke to it. We spoke extensively of the players right on this forum...so a search.

FM
Last edited by Former Member

Jagdeo supports rigid implementation of relinquishment provisions in oil blocks


The Canje Block PSA states that at the end of the initial four years, the contractor shall either relinquish the entire contract area or 20 percent of the contract area which spans 6021 kilometers, that is more than two times the size of Region Four– Demerara Mahaica.
And yesterday, Leader of the Opposition, Bharrat Jagdeo, related during his weekly press conference that the Government of Guyana, should not just keep the relinquishment provisions for oil companies and their blocks, but it should rigidly implement them.
He states that the government should not weaken the relinquishing provision because it establishes that oil companies should not “mess round”.
“A lot of them cannot raise the money and when the experience comes in for them to drill for oil, they cannot.
“What they are doing is playing with the market; making money by flipping blocks… But through these relinquishment provisions a significant amount of blocks get returned to the government, for use or relocation, and this is a huge safeguard against people who acquire the blocks, sit on them, and then hope that they could make a deal. So this relinquishment provision is vital,” he noted.
On June 21, last, Kaieteur News reported that the Petroleum Prospecting License for the Canje Block which was awarded to Mid Atlantic Oil and Gas Inc. on March 4, 2015, by former President Ramotar, is more than three months past its time for renewal.
According to the Production Sharing Agreement (PSA), the contractor is expected to carry out a minimum work program in the initial four- year period of having the license. That four-year period is divided into two phases.
Phase one spans 18 months and requires the contractor to get all available geological data and conduct research at the local and regional level to better understand the complex features of the Guyana- Suriname basin.
In addition, a minimum of 1500 line km of 2D seismic is to be acquired, processed and interpreted to define possible prospects.
Phase two consists of 30 months. During this time, the contractor is expected to acquire, process and interpret a minimum of 500 square kilometers of 3D seismic to identify drilling targets and complete a geotechnical/ pre-drilling survey.
Like Mid Atlantic, JHI has zero experience in the oil industry.

FM

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