Negotiations for GT&T shares’ payment for March deadline

first_imgMissing US$5M– as NICIL denies collecting outstanding moniesBy Jarryl BryanAfter years of back-and-forth, negotiations for the US$5 million owed by a Hong Kong company for the Guyana Telephone and Telegraph (GT&T) Company shares it bought are expected to be completed by March of this year.In an interview with this publication, National Industrial and Commercial Investments Limited’s (NICIL’s) CEO, Horace James, confirmed that talks are wrapping up. Optimistic of a March deadline for the negotiations to end, James strongly denied that NICIL had collected any of the outstanding money from Hong Kong Golden Telecom Company (HKGTC).NICIL CEO Horace James“Both parties set ourselves by the 15th March for everything to conclude. (So) we’re still in negotiations,” James related. “We await some recommendations, and we have to get approvals; but nothing has been signed between the two parties as yet. Only when everything is fully finalised and agreed… but nothing has been signed,” he explained.“Both parties have made recommendations how we ought to settle the matter. We’re reviewing, and the final decision will have to be made on that. We haven’t received anything. At least they say they will pay something, but we haven’t finalised anything. We’re hoping to get that signed off soon,” James told this publication.Last month, NICIL Chairman Dr Maurice Odle had informed this publication that an interim agreement between the state and HKGTC was in force. He had explained that the state entity was considering collecting the US$5 million in parts — US$3 million first, and negotiations would have continued for the remaining sum.The saleIn 2012, NICIL had disposed of its 20 per cent shares in the Guyana Telephone and Telegraph company in a sale to Hong Kong-based HKGTC to the tune of US$30 million. That company made a downpayment of US$25 million and the outstanding US$5 million was to be paid by October 22, 2014, but this was never done despite written requests from NICIL.Minister of State, Joseph Harmon, and NICIL Legal Counsel Natalia Seepersaud had subsequently travelled to China with the intention of collecting the money, but were informed that the money was already paid.Natural Resources Minister Raphael Trotman had later announced that Harmon was able to retrieve some documents which showed that the money was paid. But following the controversy this revelation sparked, NICIL later refuted that the money was ever paid.In the confusion that shrouded the transaction, it was even reported that a waiver of the payment was arranged with the Chinese company. This claim was promptly denied by former President Donald Ramotar.Initially, the Government had insinuated that the money was paid to someone else or some other entity other than NICIL prior to the May 2015 elections. But the former President Ramotar had such that such an insinuation is a distraction from “the real issues”, adding that the cantankerous claims of massive corruption under the PPP/C administration have yet to be proven.Meanwhile, former Executive Director of NICIL Winston Brassington in an invited comment on the matter had told Guyana Times he was unaware the outstanding monies were paid to NICIL up until December 31, 2015.“If it was paid, then the seller can easily produce evidence showing this. Payments of this nature are transferred via the banking system (wire transfer) from one bank to another and easy to check and validate. Given that the first payment was wired directly to NICIL’s US dollar bank account in Guyana, I would expect the remaining US$5M to have followed the same course,” Brassington said.last_img read more

NPSS Grizzlies Junior Girls Volleyball team wins silver at home

first_imgFORT ST. JOHN, B.C. – The junior girls’ volleyball team competed at home over the weekend in the Peace River Regional tournament. Hosted at North Peace, the girls got a rare opportunity to play in front of a home crowd. The Grizzlies started off strong with a solid win over Dr. Kearney, before losing in two sets to a strong Dawson Creek team and then winning against Bert Bowes. On Saturday morning, the girls won against Chetwynd to finish off pool play, which put them up against Dr. Kearney in the semi-final. The Cougars came out swinging, but the Grizzlies dug in and pulled off another win to set up a rematch against Dawson Creek in the final. Dawson Creek came out strong, winning in straight sets to take first place.The Grizzlies finished in second, with Dr Kearney in third, Bert Bowes in fourth and Chetwynd in fifth. Huge shoutout to Avery Hucker, who was named Tournament MVP. Dawson Creek and North Peace are off to the Zone Championships in Prince George this coming weekend.The senior girls volleyball team was in Prince George over the weekend competing at Duchess Park in their last tournament before they head to Provincials at the end of the month. The Grizzlies had a strong tournament with a couple of solid wins, finishing in seventh place.- Advertisement -Jordynn McPherson, Tristan Hynes, Carter Collins and Kane Schreiner represented North Peace at the B.C. High School Cross Country Championships in Abbotsford on Saturday. All four athletes ran well, with Kane finishing 28th out of 279 runners in the Junior Boys division!Athlete of the Week: Avery Hucker (Gr. 10, Junior Girls Volleyball)Avery anchored the girls volleyball team over the weekend with solid playing, consistent positive attitude and strong leadership both on and off the court. Congrats Avery on Tournament MVP!Up Next: The senior boys volleyball team heads to Peace River on Friday for their last tournament of the season, while the junior girls head to Prince George for Junior Volleyball Zones. Good luck Grizzlies!Advertisementlast_img read more


first_imgGAA Bingo- Every Thursday Evening In St Marys Hall Clonmany at 9.00pm Everyone Welcome.CONGRATULATIONS TO THE DONEGAL TEAM ON THEIR WIN ON SUNDAY.Referee Refresher Course and Umpire Course for details contact Adrian 0879810304. CLUB MEETING: Next Meeting On Wednesday 12th June at 8.30pm All Members Welcome.Match & Win for 23/05/2013 No’s Drawn 11,15,16,19 No Jackpot Winner Next Weeks Jackpot Is €1,660.00, €15 Consolation Winners Were Kevin Kelly & Jim Kelly Dunaff, Shannon, Fr Charlie Logue Tullagh, Teresa Flynn No13 Tullagh,John Kelly Gaddyduff. UNDERAGE FIXTURES: – Inishowen League U12’s Moville v Urris at 7.00pm on Tuesday 28th May. Inishowen League U14’s Moville v Urris at 7.00pm Friday 31st May, Under 10’s Urris v Muff 11am Saturday 1st June.UNDERAGE RESULTS: Under 8’s played away to Burt last night (Wednesday 22nd May) – We had 24 children that travelled and all got a game. Again 3 matches took place at the same time.Training as usual on Saturday 25th @ 11am and home games to Muff on Sat 2nd June. Urris Shorts and socks are available – shorts are €9 and socks are €4. Please contact Anne Marie or Nichola for ordering.SENIOR RESULTS: Saturday 25th May Seniors: Naomh Ultan 1-10 Urris 1-14 Reserves: Naomh Ultan 1-10 Urris 1-6.SENIOR & RESERVES FIXTURE: Home to Letterkenny Gaels Saturday 1st June.LADIES: Away to Termon Sunday 2nd June.TRAINING: Under 12 & 14 Girls Wednesday’s at 5.45pm til 7pm. Under 10’s on Fridays 4.30pm -5.45pm in Straid. Contact Susan for more information 0863945954.Under 8’s Training on Saturday Morning at 11am.Club Merchandise – Club Merchandise to buy all year round hats, gear bags, hoodies and jackets something for everyone Contact Donal Kelly 0876461707.Club Website Any items for the notes please send to or text to Liz O’Neill on 0863858629 before 9pm on Sunday evening.GAA NEWS – URRIS CLUB NOTES was last modified: May 27th, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Urris GAA club noteslast_img read more

Nurses offered refresher courses

first_imgWHITTIER — Rio Hondo College has joined four other Los Angeles-area colleges to offer self-paced “refresher courses” for former nurses trying to get back into the profession. The courses are part of Rio Hondo’s overall effort to address the state’s critical nursing shortage, described by the California Employment Development Department as among the worst in the United States. The EDD predicts an estimated 97,500 job openings for registered nurses by 2010. The college’s new courses should help bring “experienced nurses back into the hospitals,” said Kathy Mitzen, director of health sciences at Rio Hondo. “Many nurses who left the profession over the past decade are rediscovering their calling,” she said. “This course is designed to help them practice their skills and learn about the innovations and technology that may have been implemented since they last practiced.” Students are given access to learning resources that will help them return to active practice — such as an online database of professional nursing journals. They’ll also work alongside practicing nurses at local hospitals. Hospitals involved in the project are Beverly Hospital in Montebello, Presbyterian Intercommunity Hospital in Whittier, Methodist Hospital in Arcadia, Huntington Hospital in Pasadena, and Pomona Valley Hospital Medical Center in Pomona. Orientation presentations for the nurse refresher courses at Rio Hondo are scheduled from 10 a.m. to noon Nov. 2 and 2 p.m. to 4 p.m. Dec. 5 at the campus, 3600 Workman Mill Road, Whittier. For more information, call (562) 692-0921 Ext. 3597. Tracy Garcia can be reached at (562) 698-0955, Ext. 3051, or by e-mail at local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWalnut’s Malik Khouzam voted Southern California Boys Athlete of the Week The courses are paid for by the Job Development Incentive Fund Nurse Re-Entry grant project, funded in part by the California Community Colleges Chancellor’s Office (CCCCO). As the fiscal agent, Rio Hondo College received nearly $470,000 from the CCCCO for the 20-month training project, which also involves Mt. San Antonio College, Citrus College and Pasadena City College. Project coordinator Marcia McCormick said the nurse refresher courses are set up so that each student receives training and education in their weakest areas. “Each returning nurse has different skills and experiences, and each has certain things they need to update,” McCormick said. Each returning nurse will do a self-assessment and consult with a nursing instructor to determine which skills and knowledge they need to brush up on.last_img read more