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Audit results and its impact

The work done by the consortium of auditing firms, Ramdihal& Haynes Inc., Eclisar Financial, and Vitality Accounting and Consultancy Inc., with backing from Martindale Consultants, have identified the unauthorized expenditures that have inflated the costs of the EMGL financial statements. In particular, the auditors point out the unlawful disbursement of funds from the Liza 1…

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Elizabeth Deane-Hughes encountered several problems related to Guyana’s Gas to Energy project

In the interview aired here, https://www.oggn.org/2023/11/02/oil-talk-with-oggn-guyana-episode-7-the-gas-to-energy-project-and-its-legal-challenges/ , the lawyer Elizabeth Deane-Hughes identified several problems related to Guyana’s Gas to Energy project: 1. Environmental Protection Agency (EPA) Failures: She criticized the EPA for not ensuring that the Environmental Protection Act was followed, highlighting a court case that found the agency acted contrary to law in the…

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With no ring-fencing Guyanese are denied their rightful share of the oil revenues

With no ring-fencing Guyanese are denied their rightful share of the oil revenues

President Irfaan Ali ring-fencing is an important concern that has engaged the attention of the Guyanese people; but Guyanese policymakers do not want to take any action to establish ring-fencing in each of the oil projects that are currently extracting and exporting oil from Guyana.  When there is no ring-fencing, the people of Guyana are…

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