– PNCR motionDetermine whether there were related party dealings and/or the misuse of insider information that led to the speedy dissipation of the $2.6B received by Colonial Life Insurance Company (CLICO) Guyana from the sale of its bonds in the Berbice River Bridge and identify the beneficiaries.This resolve clause is embedded in the motion submitted by Leader of the People’s National Congress Reform,Cheap Jerseys From China, Robert Corbin,Cheap NFL Jerseys, and will soon come up for debate in the National Assembly.It is unclear whether the motion will be supported given that the President refused to comment on the party’s position when asked recently at a press briefing at Freedom House.Opposition Leader Robert CorbinThe motion is also seeking to have the National Assembly of the Parliament call on the President to establish a Commission of Inquiry into the affairs of CLICO (Guyana) with terms of reference that include the examination of whether there was any breach of fiduciary duty to policyholders, depositors and/or shareholders, on the part of the management or any particular official of CLICO (Guyana), in the management of the Company’s affairs, that contributed to the present financial state of the entity.Another term of reference is to examine whether there was any malfeasance, irregularity and/or misconduct by any official of CLICO (Guyana) in the recent management of the Company.The motion submitted by Corbin is also seeking to have the House cause the Commission of Inquiry to determine whether there was any irregularity and/or malfeasance in the use of money invested/entrusted by the National Insurance Scheme in CLICO (Guyana) and to present the details of all transactions involving NIS funds.There is also a call for the House to request the President and the Government of Guyana to establish a separate Commission of Inquiry, into the investments made by NIS, with terms of reference which include the investigation of all investments made with NIS funds, with a view to determining if there was any malfeasance or irregularity and to determine whether all decisions,Cheap NFL Jerseys China, on the investment of NIS funds,Jerseys NFL Wholesale, were approved by the duly appointed Board.Corbin has based the calls on the fact that the guarantee by the government of Guyana to policyholders and depositors of CLICO (Guyana) will ultimately be a liability to taxpayers of Guyana and since the approval of a motion acknowledging and endorsing the guarantee,Cheap Nike NFL Jerseys, there have been several reports which question the propriety of several transactions and activities involving CLICO (Guyana).It was pointed out also in the motion that the Liquidator of CLICO (Bahamas), Tony Craig Gomez, has stated inter alia that, “Contracts entered into with CLICO (Bahamas) by CLICO (Guyana) do not appear to have been standard policy contracts,Wholesale Jerseys Free Shipping, but in many cases could easily appear to be the transfer of funds to the Bahamas that could easily be classified as related party loans rather than policies.”He added also that Liquidator has stated that “while the funds forwarded to the Bahamas were recorded in the records of CLICO (Bahamas), the cash actually appeared to have flowed into the United States of America bank account directly from Guyana.”As it relates to NIS it was pointed out in the motion that a substantial amount of approximately $6.9B of NIS funds is involved in these apparent irregular transactions and? disturbing reports have also surfaced about the decision making process with respect to investments of NIS funds.

Following protests from Guyana that the socialist Venezuelan Government is attempting to usurp?international waters for itself, the Colombian government issued a statement over the weekend rejecting a Venezuelan decree claiming waters off the coast of Colombia for itself.The highlighted spot including the Deepwater Champion area is what Venezuela is also claiming.Venezuela passed Decree 1787 in May, converting international waters into “Operating Zones of Integral Maritime and Insular Defense.” The national government claims the operating zones, which intrude upon Colombian and Guyanese waters, are necessary for national security.The move recalls China’s self-proclaimed “Air Defense Identification Zones” issued over Japanese waters in November 2013. Much like those Japanese waters are technically part of the East China Sea, so too are Colombia’s threatened waters in the Gulf of Venezuela.Unlike those waters,Cheap Nike Shox, however, the Gulf of Venezuela remains disputed,Cheap NFL Jerseys, and Colombia is not fully claiming them for itself. Colombia’s Foreign Ministry instead noted that the maritime territories are still disputed, and thus neither Venezuela nor Colombia has the ability to declare those waters part of their nation at the expense?of the other.In an official complaint issued by the Colombian Foreign Ministry by hand to Caracas, Colombia warned Venezuela to “avoid unilateral measures and avow itself of common sense regarding issues as delicate as sovereignty and maritime jurisdiction.”Decree 1787 does note that the waters are disputed, and proceeds to declare them Venezuelan anyway, despite the complex history of borders in the region. The Venezuelan state, it reads, “recognizes the existence of maritime areas whose border delimitations are pending,” and which “require that the Venezuelan state tend to them until definitive borders are marked amicably.”What the Colombian Ministry of the Interior?has warned Venezuela of committing what may be a belligerent action, conservatives in the legislature are calling an outright invasion.?Senator Jimmy Chamorro, an opposition member in the legislature, described the decree as “arbitrary,China Cheap Jerseys, irresponsible and completely populist.”Senator ?lvaro Uribe, who served as President of Colombia between 2002 and 2010,Cheap MLB Jerseys China,?declared that the “invasive decree in Colombia’s waters is being used as a smokescreen for Venezuela’s crisis.”Venezuelan President Nicol?s Maduro, Uribe claimed, was “attempting to stoke anti-Colombian sentiment in an election season to disorient Colombians and Venezuelans.”Venezuela’s economy, experts contend, is near full free-fall. Observers estimate the national inflation rate as the highest in the world, well into the triple digits. Products such as soap, vegetable oil, and toilet paper are subject to strict rations and price controls that make it near impossible for the average Venezuelan to procure them without resorting to the black market. Amid the economic turmoil, Maduro continues to crack down on political dissidents,Wholesale Jerseys, the most prominent of whom are currently engaging in a widely-publicized hunger strike in prison.Even before the collapse of Venezuela’s economy under Maduro, however, Venezuela’s socialist Chavista government had triggered territorial disputes with Colombia.During Uribe’s presidential tenure,Cheap Jerseys Supply, late President Hugo Ch?vez?broke ties with Colombia after Uribe accused Ch?vez of providing?Marxist FARC terrorists safe haven in Venezuelan territory during a cooperative campaign against the terrorist group, with support from the American government.While the rivalry with Colombia is long-standing and wide-ranging for Venezuela, it is also facing opposition on the new territorial decree from Guyana. The nation declared Venezuela a “regional threat” following the decree, which also absorbs Guyanese waters into Venezuela. Unlike the Colombian claims, which that nation acknowledges is disputed, Venezuela had already acknowledged the waters near Guyana to be Guyanese territory in an 1899 international court decision. (www.breitbart.com)

In the quest to award excellent coverage of children’s and women’s issues in Guyana by local media operatives, the United Children’s Fund (UNICEF) and the Ministry of Labour, Human Services and Social Security have teamed up to introduce the first annual media awards. According to a statement issued yesterday UNICEF and the Ministry are inviting entries for the awards.The objectives of the awards are to encourage the promotion of news items, features and documentaries that illustrate the indissoluble link between children’s and women’s issues and development. They are also geared at increasing awareness of issues pertaining to children and women and other development issues and to influence the creation of a healthier and more protective environment to empower children and women as enshrined in the Convention on the Rights of The Child and CEDAW through the dissemination of reliable information. Further,NFL Jerseys China, the awards are intended to encourage the coverage of news and the production of features, documenta?ries and related media materials on issues influencing or affecting the attainment of the Millennium Development Goals (MDG’s) pertaining to children and women.These awards are also designed to recognise the contribution of national journalists in placing is?sues related to the development of children and women on the public agenda and to improve the overall standards of journalism particularly on children’s and women’s and de?velopment issues.All entries for the award the statement said must have been published,Cheap Jerseys From China, broadcast or widely disseminated in the one year period commencing September 30, 2009 – October 1, 2010. And no more than two entries will be accepted from any one person in each category. A series or a story pursued over more than one publication or programme will be considered a single entry. The entire entry must not exceed six pieces.Criteria for judging will include accuracy, analysis, balance, content, impact,Wholesale Jerseys China, originality,Cheap Jerseys NFL China, consis?tency of focus,Cheap Jerseys Free, relevance to issues affecting and influence the lives of women and children, technique and timeliness, and in the case of broadcast entries, sound and technical quality.The categories of entry include print and television and will see entries being scrutinized to determine the best news story and the best feature article. Special awards will also be up for grabs for the young journalist from Guyana who has published or broadcast the best on Children’s issues.Winners will be eligible for a plaque and cheque and where several persons submit a joint entry,Wholesale Authentic NFL Jerseys, a single prize will be awarded to the person listed first on the entry form and considered the team leader unless the local UNICEF office is advised otherwise.Each award winner will be invited to receive an award at the presentation ceremony, which will be held in Guyana.Entries closing date is tomorrow and once entries are selected UNICEF will reserve the right to use work submitted in the competition to promote the aims of the competition and support related training exercise.

Compton Lynch, 32,Cheap Adidas NHL Jerseys, appeared in the Georgetown Magistrates’ Court yesterday to answer the charges of drug possession and unlawful and malicious wounding.The man when brought before Acting Chief Magistrate Priya Sewnarine- Beharry pleaded not guilty to the charge of unlawful and malicious wounding causing actual bodily harm,NFL Jerseys Outlet, but admitted to the court that he did have the drug which he claimed he had for smoking.Compton Lynch, according to the prosecution,Cheap China Jerseys, entered the Imbaimadai Police Station,Wholesale Nike NFL Jerseys, in the Upper Mazaruni,Cheap Jerseys From China, to make a report. At the time he allegedly had 1.6 grams of drugs which was identified as cannabis.When the drug was discovered in the man’s possession, he was detained and charged of the offence. Lynch pleaded guilty yesterday,Nike Shox Clearance, and was sentenced to six months community service and a $3,000 fine.