Kaieteur News

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K

AIETEUR

Coalition’s giveaway of prime ECD lands…

Tuesday Edition

Third developer returns five acres to Government

September 29, 2020 - Vol. 13 No.39

NEWS

Online: www.kaieteurnews.com

p. 7

Guyana’s largest selling daily & New York’s most popular weekly

Price $80

Online readership yesterday, 119,552

Guyana should look to Mexico for crucial lessons on regulating oil sector - North American nation did “severe reforms”to avoid conflict of interest, p. 3

ensure highest levels of transparency and accountability - IDB report Five regions have p. new chairpersons…

Woman takes Panel for election 7 helm on E’bo Coast; COI could be drawn former army captain p. from CARICOM, OAS, 8 to lead Region Four - Pres.

Eight process suspended as two Commonwealth Irfaan Ali - Region Councillors test positive for COVID-19 Driver caught Winston Brassington after slamming fails to establish into 6-year-old, case of libel against speeding away Kaieteur News - Lawyer p. 8

p. 13

xon is a freeloader! ExExxon is saddling the Guyanese people with hundreds of millions of US dollars in PRE-CONTRACT COSTS. Even before, Guyana earned a single dollar from the company’s operations, it was billed US$460 for pre-contract costs up to 2015 and another US$500M for the period between 2015 and 2017, making a grand total of US$960M. To add insult to injury, no Guyanese can verify what Exxon is doing a hundred plus miles off our coast. Yet, Exxon has billed us, and we have agreed to pay, almost a billion US dollars for things which we cannot verify. Why would our government agree to pay such costs? Having given away the Canje and Kaieteur Oil Blocks in a secret deal to mysterious friends, it as if we are now paying Exxon, through these exorbitant pre-contract costs, to take the blocks off of our hands. Exxon is ruthlessly taking advantage of Guyana’s lack of experience in the oil industry. And they are doing this with the connivance of our political leaders. If we continue this way, the oil may not mean prosperity but tragedy.

Foreign investigators Gruesome murder arrive in Guyana of Berbice teens… to assist with case p. 14

Who really owns the Kaieteur and Canje Oil Blocks, do the leaders of this land care to tell the nation?


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