Granger, Bynoe thumbing their collective noses at Guyanese

first_imgDear Editor,Guyana will receive four million barrels of ‘profit-oil’ in 2020; the Granger Administration has already sold three million of those in 2019. Granger has not bothered to hold a press conference and offer details. Given the importance of this event and the strident calls for transparency in all dealings with oil revenues, this is a troubling development. But there is worse news, as I write this; the Department of Energy is working feverishly to conclude an arrangement for the sale of all of Guyana’s profit-oil over the next five years. The deal reportedly involves payment of 0.75 per cent of all sales to a newly created London-based marketing company. 0.75 per cent may not sound like much but it will amount to over US$100 million over the next five years.Mr Granger and Mr Bynoe are thumbing their collective noses at the Guyanese people with their continuing refusal to acknowledge that long-term deals cannot be entered into by a caretaker Government and the need for full transparency in all dealings with oil and gas.  The recently leaked Auditor General’s report for 2018 contains page after page detailing corrupt practices, billions of unaccounted public monies and brazen theft by the Granger Administration. The attempt to sign a five-year oil sale arrangement with a clear fund-siphon attached is beyond the pale of honesty and decency.David Granger has hidden from the glare of unscripted questions throughout his Presidency; he has clung fiercely to the idea that it is better to be silent and thought a fool than to speak up and remove all doubt; this cannot be the modus operandi of Guyana’s leader in our new era as an oil-producing nation. Opaqueness is a recipe for civil disaster.Granger is going to attempt to sell the next five years of oil production before February 2020, mere days before a general election. This is how Granger wants to begin his “Decade of Development”, it is a roadmap for corruption; a return to the ‘dark ages’ and an establishment of a Granger Monarchy. Republic day is on the March 23, a week later Regional and General Elections will be held, let us resolve to vote for the end of opaque oil dealings, corruption and see a return to the rule of law and a system of parliamentary democracy.The PPP/C presidential candidate has stated publicly that there is a great need for measures to be in place to ensure transparency and accountability to guard the emerging sector against corruption.  Given that Granger came into Government and met a full Treasury (US$968 million) and is leaving it with nothing but buttons five years later, there is no greater urgency for all Guyanese to work together to halt this insidious long-term sale of oil being negotiated clandestinely by Granger and Bynoe. I will continue to shine this little light of mine, Guyanese will get to do their bit at the polls on March 2, 2020.Respectfully,Robin Singhlast_img read more

AP Sources: New York Knicks Agree to Trade Kristaps Porzingis to Dallas Mavericks

first_imgBy BRIAN MAHONEY, AP Basketball WriterNEW YORK (AP) — People with knowledge of the deal tell The Associated Press that the New York Knicks have agreed to trade Kristaps Porzingis to the Dallas Mavericks, parting with their young All-Star forward as he recovers from a torn knee ligament.The Knicks would acquire guard Dennis Smith Jr. and center DeAndre Jordan while also sending Tim Hardaway Jr. to Dallas. Other players would be added to the deal Thursday to make the salaries work.The people spoke to the AP on condition of anonymity because the trade was still being completed. It was first reported by 7-foot-3 Porzingis was the No. 4 pick in the 2015 draft and once was expected to be the Knicks’ franchise player for years. But they declined to give him a contract extension last summer, and now by trading him and Hardaway seem instead to be gearing up to pursue players in free agency.New York (10-40) has the worst record in the NBA and is headed toward landing a high pick in the draft. Then the Knicks will be set up to be big spenders — perhaps for two top players — in a free agent market that could include Kevin Durant, Kawhi Leonard, Kyrie Irving and more.But they won’t have Porzingis, who they once believed was the kind of talent who could help attract those players. The Latvian has 3-point range on offense and shot-blocking skills on defense, and had made his first All-Star team just before tearing his ACL after a dunk against Milwaukee on Feb. 6.The Knicks had said he would undergo further testing the middle of next month that could determine whether he would be cleared to return again this season.If he does, it will be in Dallas, where he could form an intriguing international frontcourt with rookie Luka Doncic. Both played professionally in Spain before coming to the NBA as top-five picks.The most intriguing player in the deal from the Knicks’ standpoint is Smith, the point guard they passed on with the No. 8 pick in 2017 when they instead took Frank Ntilikina. The Mavericks took Smith one pick later, and he posted the second triple-double of his career Wednesday when Dallas won at Madison Square Garden.__AP Basketball Writer Tim Reynolds contributed to this report.TweetPinShare0 Shareslast_img read more