A Canadian company that acquired rights to mine in the Omai property, Region Eight,NFL Jerseys Wholesale, is apparently in deep trouble, with at least one senior official’s services being terminated this week.The operator of the Omai goldmine, since acquiring the property a few years ago,Cheap Jerseys, has reportedly fallen into financial and other problems.According to a Marketwire report,NFL Jerseys Cheap, Donald Gordon resigned as Interim CEO and a Director of Mahdia Gold Corp, effective today.Effective Monday last, the services of the Managing Director, Sheik Alan Zaakir,China Jerseys, were terminated.The news report yesterday, speaking of the company’s troubles, said that the Board of Directors since the last Annual General Meeting held in August 2014 has received no compensation or funds by any operations from Guyana or from outside investment.As of August 2014, the company owed over US$14M to the Government of Guyana and creditors.“Current payables include $767,319 to former Directors, Officers, Related Parties and Consultants after an amount of $939,Wholesale Jerseys,928 was deducted from the payables to this group reflecting an assumed reduction in reorganization.”The report said that current management visited the Omai property in August 2014 and although the company had a physical office and a number of employees there was little activity observed. “Reports from the property ceased such that no information was provided as to whether production was occurring and if so, if sufficient to cover expenses of production and provide any funds to the company.”As a matter of fact, the company ceased trading on March 13, 2013 for failure to file the annual audited and first quarterly statement. The Cease Trade Order followed management cease trade on the CEO for approximately two months which delayed the full cease trade order and was provided under the expectation that the Guyana information would be received.“The current board had no means to attend the property themselves but made regular requests for the Guyana Managing Director to provide reports; however the board remained to ensure the company maintained stability in its board for the purpose of renegotiating the payment terms which were in default.”To restore the company’s trading status it will have to obtain the information from the Guyana operations for the fiscal years ended August 31, 2014, and 2015 along with the intervening quarterly periods as well as file to the most recent quarterly for fiscal 2016.On completion, the company will have to complete a creditor reorganization, secure its ownership of its property, ensure all its continuous disclosure obligations are met, hold its shareholder meetings for the past two years and ultimately seek a stock exchange listing if it can meet listing requirements.The management of the company completed a recent visit to Guyana at their own expense and observed evidence of significant work in the intervening period though there had been frequent turnover of operators. The company has no official office and only a few security personnel and the Managing Director.“The company has not been kept informed as to agreements in place and results of operations by its Guyana operating entity. Management was able to meet with the local accountants who are willing and capable to update the financial reporting and help provide a monthly reporting system of operations, revenues and expenses.”Following the visit, the company said it has been approached by persons who are proposing to join the board and take control.The inactivity of the Omai property would raise eyebrows as it has been a number of years now that Mahdia Gold has taken possession.Omai Gold Mines was most recently held by Iamgold after acquisition from Cambior Resources. At the time it was built, in the early nineties, Omai was the largest gold mine in South America.In a period spanning 13 years,Cheap Jerseys, Omai produced over 3.7 million ounces of gold during a period when the price of gold was approximately US$300 an ounce.Mahdia Gold believed that historical data suggests that Omai still contains significant gold deposits. By 2006-2007, more that 3.7 million ounces of gold was produced.

Former General Manager (GM) of the Guyana Marketing Corporation (GMC) , Nizam Hassan, andCharged: Nizam HassanFelecia De Souza-Madramootoo, the wife of Hanniel Madramootoo, an engineer at the Ministry of Agriculture; appeared before a City Court charged in relation to approving payments for low-graded rehabilitation works done on the GMC building at Robb and Alexander Streets, Bourda, Georgetown.They are jointly charged with Madramootoo; his brother Phillip Madramootoo and his friend Nizam Ramkissoon both Directors of Constantine Engineering and Construction Services Limited, Trinidad and Tobago, with conspiracy to commit a misdemeanor of procuring money to be paid by false pretence with intent to defraud.The Special Organised Crime Unit had approached Trinidad and Tobago for help with prosecuting the Trinidadians. This help has not been forthcoming.The charges were instituted on the advice of the Director of Public prosecutions.It is alleged that between October 28, 2010 and April 25,Wholesale Jerseys, 2012 they conspired with each other to commit the offence by continuously approving payments which were made to the contractor of the engineering firm for works that were incompetently and incorrectly done with inferior materials to rehabilitate the GMC building at Robb and Alexander Streets, Bourda,China NFL Jerseys, Georgetown; knowing that such works should not have been approved.However, Hassan,Wholesale Adidas Hockey Jerseys, 50, of Good Hope, East Coast Demerara and De Souza-Madramootoo, 34,Cheap Jerseys Online, of Lusignan, East Coast Demerara were the only ones present for the court hearing.They were not required to plead to the indictable charge read to them by Chief Magistrate Ann McLennan in the Georgetown Magistrates’ Courts.They were each released on $250,000 bail and instructed to report to the Special Organized Crime Unit (SOCU) Headquarters,Wholesale Authentic Jerseys, Camp Street, Georgetown.Charged: Felecia De Souza-MadramootooArrest warrants have since been issued for the others.Charges were recommended against the former GM and several other persons after SOCU completed its report into the investigations of the multi-million dollar construction of the GMC office building.A forensic audit report submitted back in April by auditor, Saykar Boodhoo, had flagged the construction, citing several worrying things at GMC,Cheap NFL Jerseys, an agency of the Ministry of Agriculture. The forensic audit report was sent to Cabinet where it was decided that the findings of the report were serious enough to warrant a deeper investigation into not only the construction of the building but also into the handling of hundreds of millions of dollars of fertilizers.De Souza-Madramootoo was represented by Attorney Glenn Hanoman while Attorney Marcel Bobb entered an appearance on behalf of Hassan. Both lawyers told the court that their clients had fully cooperated with the investigation conducted by SOCU.Police Prosecutor, Neville Jeffers did not oppose bail for the accused. However, Jeffers requested that reporting conditions are applied and that they lodge their passports.The police file is still incomplete in this matter which has been adjourned until December 7.According to Government sources, investigations found that the principals of the contracting company are close relatives of the engineer. Investigations reportedly also found that Madramootoo allegedly used a family member to conduct transactions at the Tender Board relating to the project.Shortly after entering office last year, the administration named Hassan as the new General Manager of Guyana Rice Development Board (GRDB), the entity which overlooks the rice industry.The forensic audit which triggered the recommendations for the charges would tell a worrying tale of how things were at GMC between January 1, 2012 and May 31, 2015, the time under review.With regards to the construction of the building, in 2011 a contract was awarded to Constantine Engineering and Construction Services to build a new head office for GMC and the Guyana Shop, which it runs.A contract in the amount of $23.96M was awarded by the National Procurement and Tender Administration Board (NPTAB). The auditor could not review the bidding documents as NPTAB could not find any information that it was involved in the tender process even though the contract indicated otherwise.Hanniel Madramootoo, an engineer attached to the Ministry of Agriculture was assigned to oversee the construction of the building.The forensic audit was one of many launched by the David Granger administration last year to examine the state of affairs in state agencies and a

–?? ?Doesn’t agree with call for Al-Assad to step downThe Government of Guyana did not vote on the United Nations Resolution on Syria because it did not agree with the call for President Bashar Al-Assad to step down, and also it did not agree for there to be cohesion among the Syrian opposition, the Foreign Affairs Ministry revealed in a statement yesterday.Syrian President Bashar Al-AssadThe United Nations estimates that nearly 20,000 people have been killed in Syria since the uprising against Assad began in March 2011,Cheap Jerseys, but Syrian opposition groups say the death figure is much higher.The Foreign Ministry said that it found “unacceptable” the call for Al-Assad to step down, “since this was outside the accepted international norms of democratic governance processes.”Further, the Ministry said that “the resolution also encourages cohesion among the opposition, many of whom are unknown to the international community, and some of whom are identified by the UN Human Rights Council’s Commission of Inquiry with the perpetration of human rights violations,Discount NFL Jerseys, and with contributing to the escalation of the conflict. Guyana could not blindly support opposition elements under such circumstances.”Earlier this week,Wholesale NFL Jerseys, Dr. Rupert Roopnaraine, a leading Member of the Opposition coalition, A Partnership for National Unity (APNU), said that the government seems fixated with the opposition,Cheap Jerseys From China Online, and assigning blame.The government has been blistered for abstaining on the UN resolution.The Ministry of Foreign Affairs said that Guyana has followed “with grave concern” the unfolding situation in Syria and “the increasingly heavy toll” it is taking on the people of that country.The Ministry referred to United Nations reports as noting that there have been “serious violations of human rights and of international humanitarian law” that have been perpetrated by all sides to the conflict.The Government of Guyana had on two previous occasions supported resolutions of the General Assembly strongly condemning violations of human rights and of international humanitarian law by the Syrian authorities, even though the said resolutions paid scant attention to the actions of other parties, the Ministry stated.The most recent of these votes was for the appointment of the Joint Special Envoy of the United Nations and the Arab League.The Ministry said that Guyana’s abstention vote on August 3 has to be seen in the context of the evolving situation on the ground, the urgent need for a political settlement and for an efficacious response by the international community within the framework of the United Nations Charter and international law.A number of changes have taken place on the ground,Cheap NHL Adidas Jerseys, which have led to a reconsideration of Guyana’s position, the Ministry stated. These are that the situation has become increasingly militarised and the presence of terrorist elements has been recognised as contributing to the intensification of the conflict, and that the international community has grown more divided, resulting in the inability of the Security Council to agree on an appropriate response.The government here noted that the outgoing Joint Special Envoy of the United Nations and the Arab League has observed that the challenges within Syria have been compounded by the lack of unity on the part of the international community.“The Government of Guyana is of the view that the interests of the Syrian people will be served by an immediate end to the violence and bloodshed by all parties and the provision of the necessary humanitarian and other support as envisaged in the six-point plan endorsed by the Security Council,Cheap NFL Jerseys China,” the Ministry stated.It added that the focus of attention has to be on the search for a viable political solution, and for there to be success; the international community needs to be united and to adopt a comprehensive approach addressing all sides to the conflict.“The mere singling out of one party will not suffice,” the statement indicated.The government said the situation in Syria is a complex one, exacerbated by differing interests of the many actors on the ground that has seen the people of Syria being the greatest casualties.“As a concerned member of the international community, Guyana continues to urge a peaceful resolution in accordance with the principles of international law.’