Thursday, August 16, 2012
GRA officials in yet another bribery scam - telephone company implicated
Secret deals seems to be the thing of the day as We learn of yet another series of secret deals between GRA officials and persons from the private sector. Millions of dollars are being spent every year on paying off the customs officials. Based on our reports from one ex-customs officer, the largest payoffs came from a telephone company and a hardware store. In this first expose, we will deal with the overall accusations.
The telephone company under the microscope recently fired its chief financial officer for "conflict of interest" without disclosing what those conflicts were. We are left to wonder if the CFO was involved in this scandal and would like to talk with Mr. Rachpaul (Mr. Rachpaul, if you read this, please contact us on email@example.com.
Joe Singh's emergence, as M. Maxwell questions in the Stabroek News, indicates another clear conflict of interest. However, Joe Singh was being paid off by ATN to sit at the office of the president to influence the Government's action (or inaction) on the legislation and so his conflict is obviously not in the same class as the CFO's. It was during Singh's years that the telephone company paid over 20 million dollars (per year), that's $20,000,000 in bribes to GRA officials to allow its goods to avoid detection. The ex-customs officer said that GT&T cannot produce any record of their payments to GRA, since it was all paid as bribes.
It seems that the CEO's of GT&T have a history of such dealings since it is public information about the foreign exchange deals that were done by the former CEO, Jagan (current CFO). It was also under CEO Jagan's so called “guard” that a few of the Government's properties were sold for cash. These Government properties were claimed by GT&T to be their own, so they sold it off (where was Brassington??). This deal had also included the payment of this ex-GRA officer.