Prosecutors consider charges against 23 suspects over Hillsborough stadium tragedy

first_img(REUTERS)-British prosecutors are to consider whether criminal charges should be brought against 23 suspects over the 1989 Hillsborough soccer stadium disaster in which 96 fans died, the police watchdog said yesterday.The Liverpool supporters died in a crush in an overcrowded, fenced-in enclosure at the Hillsborough ground in Sheffield, northern England, at an FA Cup semi-final against Nottingham Forest. It remains Britain’s worst sporting disaster.Last April, following a two-year inquest, a jury concluded that police who at first blamed the tragedy on drunken fans were responsible for the deaths, had told lies and staged a cover-up to hide their catastrophic mistakes.Jurors had been told that to return verdicts of “unlawful killing” they would have to be sure that David Duckenfield, the police commander in charge at the match, was responsible for “manslaughter by gross negligence”. They ruled the deaths were indeed unlawful.The Independent Police Complaints Commission (IPCC) said Britain’s Crown Prosecution Service (CPS) had been handed evidence files from two investigation teams into the cause of the tragedy and alleged subsequent attempts to hide the truth.The CPS said it would consider charges including gross negligence manslaughter, perverting the course of justice and misconduct in public office against the 23 unnamed suspects.“We will now assess these in order to determine whether we have sufficient material on which to make charging decisions,” said Sue Hemming, Head of the CPS Special Crime and Counter Terrorism Division.Victims’ relatives, who campaigned for decades to overturn original conclusions that the deaths were accidental, had demanded criminal charges should be brought against those involved in the failures on the day and the conspiracy to keep them quiet.Andy Burnham, the former home affairs spokesman for the opposition Labour Party, said after the inquest there had been complicity between police, politicians and newspapers in a cover-up that went “right to the top”.“These criminal investigations into the circumstances surrounding the Hillsborough disaster are the largest investigations into alleged police wrongdoing ever undertaken in England and Wales,” IPCC deputy chairman Rachel Cerfontyne said yesterday.last_img read more

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Shooters exchange blows following an ugly scuffle at Karni Singh Range

first_imgRead: Folk Singer’s Partner, 5 Others Held For Her Murder: Noida PoliceRead: Bihar Police Arrest 4 People Involved In A Double Murder Case In Gaya(with inputs from ANI)  WE RECOMMEND Last Updated: 21st October, 2019 18:50 IST Shooters Exchange Blows Following An Ugly Scuffle At Karni Singh Range Two shooters got into a fight in broad daylight close to the firing area of Karni Singh Shooting Range after an argument regarding the scheduling of rounds. FOLLOW US WATCH US LIVE Twitter reactsWhile many users of the microblogging site have called the incident ’embarrassing’ and ‘disturbing’, one blamed it on the administration.  Shotgun range at Karni Singh has been a big Administrative mess. Shooters are fighting with colleagues just to get enough practice to prepare themselves for coming National Championship. Its a complete administrative breakdown as 6 shotgun ranges r not being used optimumly at all— vivek kumar tripathi (@vivekku58563880) October 21, 2019 Written By 10 months ago Saand Ki Aankh: The real life of shooters behind the upcoming movie LIVE TV COMMENTcenter_img 11 months ago Folk singer’s partner, 5 others held for her murder: Noida Police SUBSCRIBE TO US The iconic Karni Singh Shooting Range (KSSR) in Delhi’s Tughlakabad area witnessed ugly and shocking scenes when two shooters broke into a fistfight on Sunday. The incident occurred in broad daylight close to the firing area, in front of spectators where other shooters were still training. SAI cancels membershipDelhi based shooter Shimon Sharif on Sunday tweeted a 40-second long video of the incident in which both the shooters can be seen fighting, using their hands and legs, while others were trying to control the situation by pushing the duo apart.Read: Mom Arrested After Boy Kills Sister While Playing With GunSharing the video on Twitter with the caption “All is not well at the iconic Dr. Karni Singh Shooting Range”, Sharif tagged Union Sports Minister Kiren Rijiju, National Rifle Association of India (NRAI) President Raninder Singh and Sports Authority of India (SAI) in the post. Reportedly, NRAI has taken cognizance of the incident and launched a probe. Reportedly they got into a fight after an argument regarding the scheduling of rounds.Karni Singh Range is a property of Sports Authority of India (SAI) and shooters are allowed to use the facility under the authority’s ‘pay and play’ scheme. Reportedly, SAI has cancelled the ‘pay and play’ scheme membership of the duo, identified as Babar Khan and Yoginder Pal Singh.The NRAI’s Athletes Commission is headed by former international shooters Morad Ali Khan and also comprises Ashok Mittal, Vikram Batnagar, Anuja Jung and Sonia Rai.Read: Kerala: Three Suspects Arrested In Kozhikode Serial Murder Case 10 months ago 20 PUBG Mobile India tour 2019 finalists come to fore, check out now Manogya Singh 10 months ago Oppo Reno2Z, Reno2 land in UK, after Indian launch  First Published: 21st October, 2019 18:50 IST All is not well at the iconic Dr. Karni Singh Shooting Range. @Media_SAI @IndiaSports @KirenRijiju @RaninderSingh pic.twitter.com/DLm7MT55Ga— SHIMON SHARIF (@ShimonSharif) October 20, 2019 11 months ago New Delhi Police arrest 2 contract killers from Shahdara in East Delhilast_img read more

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BtoBet appoints Davide Ruggeri as Sports division lead

first_img BtoBet grows Nigerian presence with Booster99 deal August 26, 2020 StumbleUpon Related Articles Share Submit CT Gaming bolsters Italian profile with The Betting Coach  August 27, 2020 TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Industry next-generation platform provider BtoBet has confirmed the promotion of Davide Ruggeri to the newly created position of Director of Sports.A seasoned industry executive, Ruggeri has served BtoBet as Head of Sportsbook since 2014, playing an instrumental role in expanding BtoBet’s presence within the Italian online betting market.In recent months, BtoBet has moved to redeveloping its internal structures, creating BtoBet Sports and BtoBet Games divisions.Based out of Rome, Ruggeri has been tasked with continuing BtoBet’s Italian expansion, whilst servicing new market projects and sports betting platform delivery.Commenting on taking leadership of BtoBet Sports, Davide Ruggeri stated:“I’m very pleased with the new assignment at BtoBet. Together with the BtoBet Sports dedicated team, I will continue ensuring the clients’ sports-betting brand provides the ultimate betting experience to the bettors.“With the team, I will focus on developing the sportsbook customer experience, analysing betting functionalities and giving feedback to the development teams to ensure improvements for any single client. We will provide all needed tools for risk management across all pre-match, live, virtual and jackpot betting. My team and I will ensure a secure and flexible risk management service tailored to any compliance and business growth.” Sharelast_img read more

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Wellington Police Notes: Monday, Sept. 26, 2016

first_imgWellington Police notes: Monday, September 26, 2016•9:49 a.m. Officers investigated domestic battery and criminal damage to property by a known suspect in the 800 block N. Homestead Drive, Wellington.•2:33 p.m. Officers took a report of an animal welfare in the 1500 block N. C, Wellington.•3:12 p.m. Officers investigated criminal damage to a door in the 100 block E. Harvey, Wellington.•4 p.m. Officers investigated a theft by threat in the 200 block N. C, Wellington.•4:06 p.m. Officers took a report of a found suitcase in the 400 block E. Harvey, Wellington.•6:49 p.m. Non-Injury accident in the 400 block E. Lincoln, Wellington involving a vehicle operated by Ashley D. Augustyn,27, Wellington and a parked and unoccupied vehicle owned by Sandra D. Becker, Wellington.•8:30 p.m. Officers took a report of found key with a dog tag in the 200 block N. B, Wellington.last_img read more

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Dembélé’s surgeon, to As: “This injury is larger than the one I operated in 2017”

first_imgLasse Lempeinen, the doctor who operated on Monday to Ousmane Dembélé after complete rupture of the proximal tendon of the biceps femoris of the right leg, assessed for Ace since Turku (Finland) intervention to the French player. Dr. Lempeinen, a regular contributor to Barça and other clubs such as Rome, Milan or Zenit, wanted to make it clear that this injury is more serious than the one that Dembélé suffered in January 2017: “Dembélé’s operation went well, according to the plan. The operative finding was exactly as it was shown on the MRI. The lesion was located in the upper part of the tendon of the biceps femoris. I am very satisfied with the result of the operation. This injury on the right side was larger and more demanding than the injury on the left side that I operated in 2017 “. eleven Asked about whether this type of injury that is bursting Dembélé’s career can be prevented, he explained curiously: “The greatest risk factor for hamstring injury is the anterior hamstring injury. I am sure that Dembélé’s medical team will do everything possible to avoid the new injury. I will closely follow the rehabilitation of Dembélé now after the operation. “center_img Lempeinen maintains the optimistic tone in his explanation of the French player’s operation: “I am very sure that after careful and followed rehabilitation, Dembélé will be able to play high level football again. My estimate is that it will be six months ago. I’m sure his best years in football are yet to come. “last_img read more

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Azkals climb to highest-ever world No. 113

first_imgLATEST STORIES Green group flags ‘overkill’ use of plastic banderitas in Manila Sto. Niño feast Jo Koy draws ire for cutting through Cebu City traffic with ‘wang-wang’ Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Scientists seek rare species survivors amid Australia flames P16.5-M worth of aid provided for Taal Volcano eruption victims — NDRRMC MOST READ “I’m happy that our efforts to improve the team has translated to a higher ranking,” Azkals manager Dan Palami said.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crown Sports Related Videospowered by AdSparcRead Next View commentscenter_img Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ Photo By Tristan Tamayo/INQUIRER.NETBuoyed by its memorable 2-1 win over Tajikistan late last month, the Philippines vaulted to its highest ever position of No. 113 in the latest rankings released by the International Football Federation (Fifa).The Azkals, whose previous high was at No. 116 set on April 2016, collected 289 points in the past month to jump nine places ahead of the draw for the AFC Asian Cup on May 4 in Dubai.ADVERTISEMENT GAB: volleyball players must secure licenses as pros Jiro Manio arrested for stabbing man in Marikina Truck driver killed in Davao del Sur road accident Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Don’t miss out on the latest news and information. Nadine Lustre’s phone stolen in Brazillast_img read more

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Police discuss backlash of arresting Bucks player

first_imgSteam emission over Taal’s main crater ‘steady’ for past 24 hours China population now over 1.4 billion as birthrate falls View comments Winfrey details her decision to withdraw from Simmons film Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Jury of 7 men, 5 women selected for Weinstein rape trial Lacson: Calamity fund cut; where did P4 billion go? LATEST STORIES Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Brown wasn’t charged with anything and three officers involved in the arrest were disciplined, with suspensions ranging from two to 15 days. Eight others will undergo remedial training in professional communications. Brown has said he plans to sue the department.In one of the videos, Brown is on the ground and handcuffed when an officer puts one of his boots on Brown’s ankle, holding it there and at one point pressing down. Brown doesn’t mention being in any discomfort but he questions the officer about why he’s stepping on him.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crown“C’mon man, you’re stepping on my ankle for what?” Brown said. In response, the officer said he was trying to prevent Brown from kicking anyone.Other videos obtained by WISN-TV show an officer talking with two others who are seated in a squad car as they explained they were trying to protect themselves during the arrest. They also talk about how they could be perceived as racist for arresting a black Bucks player, with one saying if anything goes wrong, it “is going to be, ‘Ooh, the Milwaukee Police Department is all racist, blah, blah, blah.’” FILE – In this Sept. 25, 2017, file photo, Milwaukee Bucks’ Sterling Brown poses for photos during NBA basketball team media day in Milwaukee. Newly released police videos showing the stun gun arrest of Bucks guard Sterling Brown show one officer stepping on Brown’s ankle while he was handcuffed on the ground and others discussing the potential backlash of taking down an African American professional basketball player. Brown was arrested for a parking violation in Milwaukee in January.(AP Photo/Morry Gash, File)MILWAUKEE — Newly released police video of the stun gun arrest of Milwaukee Bucks guard Sterling Brown show one officer stepping on Brown’s ankle while he was handcuffed on the ground and others discussing the potential backlash of taking down a black professional basketball player.The body camera and squad car videos, obtained by WISN-TV and posted online Sunday, show the moments after Milwaukee police officers swarmed Brown in January when he didn’t immediately take his hands out of his pockets as ordered. Brown had been standing and talking with a group of officers as he waited for a citation for illegally parking on a disabled spot outside a Walgreens.ADVERTISEMENT Dave Chappelle donates P1 million to Taal relief operations Jiro Manio arrested for stabbing man in Marikina Don’t miss out on the latest news and information. Dynasty in making? Warriors chase third title in 4 years Another video shows an officer in his squad car, calling to let a supervisor know he’ll need to be on overtime before singing, “Money, money, money, money, money.”In a statement Monday, Chris Ott, executive director of the American Civil Liberties Union of Wisconsin, said his organization was “outraged” that the officers “were focused on planning damage control for their excessive use of force, instead of treating Mr. Brown with the dignity and professionalism that everyone — whether a Bucks player or not — deserves from the police.”Milwaukee police Chief Alfonso Morales has apologized to Brown and on May 23 released body camera footage of the officer who initially contacted the basketball player outside the store.The incident happened a month before Morales was appointed chief, following the retirement of Edward Flynn. Since becoming chief, Morales has pledged to improve the Police Department’s relationship with minorities and to be more transparent with cases of officer misconduct.Morales said Monday that raw video footage from all body cameras was released solely to Brown’s attorneys last week. Additional videos will be released to those filing public records requests once statutory requirements have been reached, Morales said in a statement.ADVERTISEMENT MOST READ Sports Related Videospowered by AdSparcRead Next Volcano watch: Island fissures steaming, lake water recedinglast_img read more

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Ambassador Pacifici: A Truly Distinctive Mark

first_imgLiberia has been extremely fortunate to have Ambassador Atilio Pacifici serve as the European Union envoy for the past five years.  This was a critical period for a country just emerging from a terrible civil conflict that not only killed nearly 300,000 people, but devastated the country’s infrastructure and shattered her  international relations. One of the effects of this was the fact that many of the country’s traditional partners closed their embassies near Monrovia.  This included our oldest diplomatic partner, the United Kingdom, the first nation, as far back as 1848, to establish diplomatic relations with Liberia.  The next oldest diplomatic partner, Germany, scaled down its mission, and turned over its plush compound in Congotown to the United Nations Mission in Liberia (UNMIL).  The European Union, too, scaled down its operations here and Liberia lost her ownership of the National Authorizing Office (NAO), which was transferred to La Cote d’Ivoire.  It was that country which was performing the duties of the NAO for Liberia, in managing the European Development Fund allocation for the country, since the NAO powers had been revoked.  In addition, several other embassies relocated to other parts of West Africa, plunging Liberians into the painful, humiliating and costly experience of having to travel to other West African countries to obtain visas to enter Europe.   Things began to change with the arrival of Ambassador Pacifici in 2009.  Before she performed the Investiture upon the EU envoy last Thursday, President Ellen Johnson Sirleaf said that his arrival five years ago coincided with the coming into force of the Lisbon Treaty that saw the EU Office transformed into a full-fledged EU Delegation to Liberia.  “Our partnership,” she said, “went from humanitarian assistance to development cooperation.” It was also during his tenure that the Liberia-EU dialogue and many other initiatives were realized,” President Sirleaf added.Speaking on that occasion also, Liberia’s Finance and Development Planning Minister Amara Konneh said Ambassador Pacifici, soon after his arrival in Liberia, began supporting us in “the rebuilding of a credible and competent NAO.  For this reason, said Minister Konneh, “we can now look forward to the next envelope of EUR 279 million in EU support,” from 2005-2020.  This, according to the Minister, “represents a 73% increase in the EDF allocation for Liberia.”Describing Ambassador Pacifici as “not just a partner, but a dependable friend and a true advocate for Liberia, Minister Konneh noted that during Pacifici’s tenure, the country witnessed a gradual increase in direct budget support amounting to EUR40 million and, just for the health sector, EUR35 million.  He also assisted in reestablishing the flow of Liberian forestry and other projects to Europe, which had been cancelled during the Taylor years when Liberia’s resources were terribly managed.When Ebola hit Liberia, “the Ambassador responded quickly,” said Konneh.  “He advocated strongly with the EU Headquarters for increased budget support for Liberia.”  The result: US$35 million into GOL’s budget since Ebola.Ambassador Pacifici took an active interest in the improvement of West Point, Monrovia’s sprawling slum.  Not only did he initiate a water project in the township.  He also took an interest in the project for the building of a modern Town Hall initiated by Daily Observer publisher Kenneth Y. Best on the occasion of his 75th birth anniversary.  At the groundbreaking ceremony for the project Ambassador Pacifici pledged that the EU Delegation would do everything possible to ensure its realization.Not many diplomats are able to leave so distinctive a mark after serving at a post as has Ambassador Pacifici.  The President said he had approached his work with the passion and precision of the engineer that he is.Yes, we can say that this Ambassador was able to accomplish what he did because he undertook his work with engineering discipline.  We are sure that wherever he is assigned in the future, he will leave another mark of distinction.Our hope is that we in Liberia will make the best possible use of what Ambassador Pacifici has left us.  Should we do this with all the assistance we are given by other development partners and with our own self-generated resources, we would be on the march to development and modernization. But OH Liberians!  Given last Friday’s demonstration that sent Monrovia “crazy,” can we ever become a disciplined people?  May God grant.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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4 Former FDA Managers on Trial for US$6M PUP Fraud

first_imgIt appears that the Liberian government is getting serious about prosecuting individuals who are caught misapplying millions of United States dollars intended for the country’s development.This was clearly demonstrated yesterday at Criminal Court ‘C’ at the Temple of Justice where government lawyers have begun the prosecution of four of the seven former senior managers of the Forestry Development Authority (FDA), and a  senior surveyor, at the Ministry of Lands, Mines and Energy assigned in Grand Bassa County. Moses Wogbeh, the dismissed FDA Managing Director, along with Jangar Kamara, manager for commercial forestry, John Kortor, technical manager, Maxwell Gwee, director of cartography, David Blayee, senior surveyor assigned in Grand Bassa County were accused of facilitating the wrongful and illegal issuance of sixty-one Private Use Permits (PUPS) that authorized commercial logging operations on nearly 2.5 million hectares of farm land.They were further accused of “blatant abuse” of their respective offices and violation of several provisions of the National Forestry Reform Law (NFRL) 2006 and the Community Rights Law 2009, which caused government a loss in revenue of over US$6 million.The accused denied the charges when they were first arraigned before the court.The crimes for which they are being tried include economic sabotage, criminal conspiracy, forgery or counterfeiting, obtaining and issuing deceptive writings and obstruction of government functions by public servants. Testifying yesterday as prosecution second witness, James Dorbor Jallah, who chaired the Special Independent Investigative Body (SIIB), charged that in August 2012 defendants Wogbeh and Kamara, with the intent to defraud the Government and create an opportunity for the PUP holders to defraud government, disregarded the moratorium the President of Liberia placed on all PUPs.As for defendant Gwee, Jallah alleged he issued certificates of correction, which without authority, increased the allocation of land deeded and granted by President Sirleaf to land owners without the law.And for defendant Kortor, Jallah also claimed he personally received money from logging companies.Defendant Blayee, Jallah alleged, was discovered with many fraudulent verification letters under his signature claiming that the PUPs were granted to companies.Jallah, also head of the Public Procurement Concession Commission (PPCC) and a volunteer on the Ebola Incident Management Team, said that some of the investigative methods used included gathering experts’ opinions on the content and background of the PUPs, reviewing of the contract documents, interview with the defendants and visitations to PUP holders’ locations in a number of counties.He was quick to point out that his team did not investigate surveyor Blayee but he did not explain why the surveyor was not probed.When asked whether he knew all of the defendants, Jallah’s response was, “Yes I know all of them. There they are seated in the dock.”Asked what the responsibility of his committee was, the PPCC boss stated that PPCC was responsible for investigating the defendants over their alleged involvement in the wrongful and illegal issuance of PUPs.He said interviews were conducted in person and the defendants were informed that each of their statements would be recorded. “Each of them was duly informed that the conversation was recorded for future action or in a court of competent jurisdiction,” Jallah stated.He said, “They all agreed to be recorded and we went ahead.” The trial continues.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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US-based company among bidders for closed sugar estates

first_imgThe National Industrial and Commercial Investments Limited (NICIL) on Thursday revealed it has received 10 bids, which include one from a Florida-based company with Middle Eastern investors for the privatisation of the three closed sugar estates in Guyana. This announcement comes following Government’s downsizing of the sugar industry, which has left thousands jobless, in an effort to reduce expenditure owing to the Guyana Sugar Corporation’s (GuySuCo) being cash-strapped.PwC official, Wilfred BaghalooUnited Kingdom-based PricewaterhouseCoopers (PwC) was tasked by the Finance Ministry’s Special Purposes Unit (SPU) to the value of three estates –Rose Hall, Skeldon and Enmore – which Government put up for privatisation. PwC partner, Wilfred B Baghaloo, who was appointed in March 2018 to oversee the process, held a press conference at NICIL’s Camp Street, Georgetown office on Thursday, where he told reporters that 12 companies obtained the Information Memoranda (IM) for the estates which was sold to bidders for US$1000. However, only 10 submitted bids.According to Baghaloo, the PwC will be working to determine if any of the investors are affiliated with each other as the SPU wanted the process to be competitive. The official, who originates from Jamaica told members of the press that the bidding process closed Wednesday, following the marketing period which started in July.Skeldon Sugar EstateThe official said that he could not have verified the names of the bidders but added that he would provide those names by today. The opening of the bids was observed by bidders, PwC, a team from the Auditor General’s office and members of the Steering Committee. Baghaloo said now that the bids have been opened, the second step is to analyse the bids in accordance to the evaluation criteria as outlined in the Information Memorandum. Thereafter, the PwC will make recommendations to the Steering Committee and NICIL which will then make recommendations to Cabinet.“Our intention is to say to the Staring Committee and the SPU in seven days that the bids we have received comply; then the evaluation should take some time,” the PwC official stated. The PricewaterhouseCoopers official while being tight-lipped on the names of the 10 investors said regional players also submitted bids. There was a pre-bid meeting held on September 25, 2018.“Major concerns of the potential investors related to regulations needed to ensure fair competition between Government, the functional of the factories and access to markets,” the PwC official highlighted.He added too that some were concerned if they would be getting “scrap metal” for their investment.An information memorandum which Guyana Times obtained showed the asset registry and land inventory for each estate. The document further outlined that Government is not obligated to accept any offer or bid though the reopening of the some of the factories was said to have sparked interest in the bidding process, especially from the international market. Investors visited the various estates since August, where they made assessments of the facilities as part of the preparation of their proposal to the Special Purposes Unit.The SPU under NICIL secured a $30 billion through commercials banks, both in Guyana and the region, as part of the diversification initiatives. The bond was secured solely by bondholders in the Government, and not against any assets of NICIL or GuySuCo. The commercial lending rate for Guyana at the time was 13.0 per cent, while the NICIL bond was issued at 4.75 per cent, which is 8.25 per cent lower than the rate that most companies borrow at in Guyana.The PwC, meanwhile, was awarded a $60 million contract to evaluate GuySuCo’s estates. The company was however handed a two-year ban earlier this year for allegedly overstating the earnings and assets of Indian software company Satyam Computer Services. PwC was the audit firm at the time the more-than US$1 billion fraud occurred. It was the founder of the company, Ramalinga Raju, who blew the whistle on the fraud in 2009, costing shareholders billions and shaking the industry.In its defence, the PwC affirmed that there was no “intentional” wrongdoing in the fraud at Satyam.last_img read more

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