Guyana only has 24-day fuel storage capacity – Jagdeo

first_imgOil exportation licence scrapping…says cancellation of contract unwiseOpposition Leader, Bharrat Jagdeo said that Guyana only has a mere 24 days fuel reserve capacity, pointing that the decision to revoke an oil exportation licence granted to China Zhonghao Inc is not a wise move for the country.Opposition Leader Bharrat JagdeoJagdeo made this comment at a Wednesday afternoon news conference at his Party’s Robb Street, Georgetown headquarters.According to the Opposition Leader it is odd the Government would want to deny a company which wants to invest in Guyana’s bulk fuel storage capacity, noting that the State oil company, Guyana Oil Company (Guyoil) having a measly 14 days storage capacity, which simply means, if the country is unable to import fuel for more than three weeks it will be out of supply.“Some countries try to encourage people to build more storage… we have 24 days of storage capacity. We should encourage people to invest and build more storage capacity. The Chinese can’t fetch away the tanks when they build them there, they can’t fetch them back to China, they are investing in our country,” he argued.The former President rhetorically questioned why the Government would go after a legitimate company, which was intended to boost Guyana’s low bulk fuel storage capacity.Duplicitous approachJagdeo also lambasted the APNU Administration for what he described as a duplicitous approach, pointing to a recent statement by Foreign Affairs Minister Carl Greenidge, who said that the Governments of Guyana and Brazil were holding discussions to approach the Chinese Government to fund the Linden to Lethem Highway contraction and other infrastructural projects here.“So on one hand there is this big assault on the Chinese companies … and then on the other hand they are looking for money from the Chinese Government to build the road from Brazil to Guyana and the other infrastructure… looking for money from the Chinese Government and on the other hand chasing away all the Chinese investors,” Jagdeo highlighted.Jagdeo urged the Chinese Ambassador to Guyana to intervene and say clearly to the Guyana Government that the harassment of Chinese investors must cease.Abide by the lawsJagdeo also made it clear that if any company, Chinese or otherwise, break the laws of Guyana in anyway, then they must be sanction; however, the Government must not target these companies because of a hidden agenda.“I must point out that the Chinese and any foreign investor must comply with all our laws. If they sign agreements, like BaiShanLin and the others, they must comply, if they don’t comply then there must be penalties, but they must not be treated unfairly,” he reasoned.Possible litigation costsEarlier a legal expert told Guyana Times that the State faces the possibility of humongous litigation costs if the Chinese take legal action over a breach of contract without any solid justification.“Contracts can only be terminated for just cause in accordance with the terms of the contract, since many contracts provide grounds upon which they can be terminated,” the expert, who practises civil law… In other words said “a contract cannot be whimsically and arbitrarily terminated. If that happens, the affected party can launch legal proceedings for damages and compensation for wrongful and/or unlawful termination of the contract and that can run into hundreds of millions of dollars depending on the subject matter of the contract,” the civil lawyer outlined.The expert said while not being fully privy to the terms of the contract, based on the trend in recent months, said that there seems to be some misperception by the Government that contracts signed prior to their assumption to office could be arbitrarily quashed.“The Government seems to believe that they are not bound by contracts entered into under the previous Government. That is a terribly flawed view. Contracts with the State of Guyana, entered into by the Government of the day, continue to be enforced, notwithstanding that there may be a change of government,” the expert highlighted.The Government and the company have not officially commented on the termination of the contract.Only recently there were reports of fuel smuggling in Guyana with prominent businessmen names being called din the illicit ring. In one instance, the High Court granted an injunction after several local businessmen moved to the court following accusations of inducement to smuggle fuel from Venezuela.last_img read more


Leeds fined Sh25.9mn for spying at opponents

first_img0Shares0000Caught: Leeds manager Marcelo Bielsa admitted he instructed an employee of the club to spy on Derby’s training sessionLONDON, United Kingdom, Feb 19 – Leeds United have escaped a points penalty in their quest to be promoted to the Premier League after it was announced Monday they had been fined Sh25.9mn (£200,000) and reprimanded for spying on their opponents.Leeds faced an investigation by the English Football League after veteran manager Marcelo Bielsa admitted sending someone to spy on Derby at their training ground ahead of a match last month. The club formally admitted a breach of Regulation 3.4 which states: “In all matters and transactions relating to the League, each Club shall behave towards each other Club and The League with the utmost good faith.”Many were uncertain, however, whether Bielsa had committed a specific offence and the EFL now plan to clarify the situation by introducing a new rule that bans teams from viewing opposition training in the 72 hours immediately before a match, unless invited to do so.EFL chief executive Shaun Harvey, announcing the punishments against Leeds, said Monday: “The sanctions imposed highlight how actions such as this cannot be condoned and act as a clear deterrent should any club seek to undertake poor conduct in the future.“We will now look to move on from this incident and commence the discussions about introducing a specific regulation at a meeting with all clubs later this month.”– ‘Culturally unaceptable’ –England’s governing Football Association added it had issued “formal warnings” against Leeds, Bielsa and an unnamed club video analyst.Leeds responded to the EFL and FA sanctions by saying: “We accept that whilst we have not broken any specific rule, we have fallen short of the standard expected by the EFL with regards to regulation 3.4.“We apologise for acting in a way that has been judged culturally unacceptable in the English game.”Bielsa had previously insisted his behaviour was normal practice in his native Argentina.But Derby manager Frank Lampard was unimpressed by the former Argentina manager’s explanation.“He (Lampard) believes I violated the fair play spirit,” Bielsa said during a press conference last month. “I have to adapt to the rules linked to the habits of English football.”Leeds, in action against Bolton on Saturday are currently third in the Championship.They are also level on points with second-placed Sheffield United and two adrift of leaders Norwich, but Leeds have a game in hand on their promotion rivals.Only the top two sides at the end of the regular season are guaranteed a place in the Premier League, with the other promotion spot decided by a series of play-off matches.Leeds, one of England’s leading clubs in the 1970s, are looking to return to the top flight for the first time since 2004.0Shares0000(Visited 1 times, 1 visits today)last_img read more


Bill Cosbys Day of Reckoning Arrives

first_imgBy The Associated PressFacing the possibility of prison at 81, Bill Cosby arrived at a suburban Philadelphia courthouse Tuesday to learn his punishment for drugging and sexually assaulting a woman over a decade ago in what became the first celebrity trial of the #MeToo era.Prosecutors on September 24 asked a judge to give the comedian five to 10 years behind bars, while his lawyers asked for house arrest, saying the legally blind Cosby is too old and helpless to do time in prison.Bill Cosby will learn today what his punishment will be after being convicted of sexual assault. (David Maialetti/The Philadelphia Inquirer via AP)Cosby spokesman Andrew Wyatt said the former TV star planned to remain silent when given the opportunity to address the court. Cosby did not testify at either of his two trials.The once-beloved entertainer dubbed America’s Dad for his role as Dr. Cliff Huxtable on the top-ranked, 1980s-era “Cosby Show” faced anywhere from probation to 10 years in prison for violating Temple University women’s basketball administrator Andrea Constand at his estate near Philadelphia in 2004. She went to police a year later, only to have a prosecutor turn down the case.In the years since Constand first went to police in 2005, more than 60 women have accused Cosby of sexual misconduct, though none of those claims have led to criminal charges.Cosby became the first celebrity of the #MeToo era to be convicted.Tuesday’s sentencing was a reckoning accusers and prosecutors said was decades in the making.“The victims cannot be un-raped. Unfortunately, all we can do is hold the perpetrator accountable,” said Gianna Constand, the victim’s mother, who testified Monday that her daughter’s buoyant personality was forever changed after the attack.The hearing was set to conclude Tuesday after testimony from a defense psychologist who says Cosby is no longer a danger, given his age, and should not be branded a “sexually violent predator.”Defense lawyer Joseph Green Jr. urged the judge ignore the protests and activism surrounding the case, and send Cosby home on house arrest.“The suggestion that Mr. Cosby is dangerous is not supported by anything other than the frenzy,” Green said as demonstrators gathered outside the courthouse.Being labeled a sexually violent predator would make him subject to mandatory lifetime counseling and community notification of his whereabouts.On Monday, Kristen Dudley, a psychologist for the state of Pennsylvania, testified that Cosby fits the criteria for a sexually violent predator, showing signs of a mental disorder that involves an uncontrollable urge to have nonconsensual sex with young women.Montgomery County District Attorney Kevin Steele said Cosby would no doubt commit similar crimes if given the chance, warning that the former TV star seemingly gets a sexual thrill out of slipping women drugs and assaulting them.“To say that he’s too old to do that — to say that he should get a pass, because it’s taken this long to catch up to what he’s done?” Steele said, his voice rising. “What they’re asking for is a ‘get out of jail free’ card.”Cosby, he said, has shown repeatedly that he feels no remorse over his actions. And he said the sentence should send a message.“Despite bullying tactics, despite PR teams and other folks trying to change the optics, as one lawyer for the defense put it, the bottom line is that nobody’s above the law. Nobody,” the district attorney said.After testifying for several hours at two trials, the first of which ended in a hung jury, Constand spoke in court Monday for just two minutes.“The jury heard me. Mr. Cosby heard me. Now all I am asking for is justice as the court sees fit,” said Andrea Constand, who submitted a much longer victim-impact statement that wasn’t read in court.The AP does not typically identify people who say they are victims of sexual assault unless they come forward publicly, which Constand and other accusers have done.Cosby’s side didn’t call any character witnesses, and his wife of 54 years, Camille, was not in court.Cosby became the first Black actor to star in a prime-time TV show, “I Spy,” in 1965. He remained a Hollywood A-lister for much of the next half-century.Monday’s proceedings took place as another extraordinary #MeToo drama continued to unfold on Capitol Hill, where Supreme Court nominee Brett Kavanaugh faces allegations of sexual misconduct from more than three decades ago.last_img read more