Singh asks Audit Office to probe GUYOIL after dealer alleges corruption
he would speak even as he assured that there was no wrongdoing on his part. “I learnt about this late this morning and it came as such a shock,” he said. “I have reached out to someone [an attorney] and will meet with them today. Wait until after that meeting,” he added.
On November 2 last year, GUYOIL announced the appointment of Bassoo as its new General Manager, effective from October 19, 2020. It said in a statement that Bassoo was interviewed and selected by the Board of Directors to join the company. GUYOIL had said that Bassoo is the holder of a BSc. in Computer Science from the University of Guyana, a CAT accounting qualification from the Association of Chartered Certified Accountants, a PhgC. in Business Administration from the University of Leicester and an MBA from the Australian Institute of Business.
GUYOIL had also noted that Bassoo had 20 years of experience in public and private sector management and was currently in the process of completing a Commonwealth Masters in Public Administration (CMPA) programme at the University of Guyana.
With Bassoo’s resignation accepted, the GUYOIL Board said that a subcommittee of the Board of Directors has been appointed to oversee the day-to-day operations of the company.
In the interest of transparency and public disclosure, GUYOIL said it made public the procedures in place and in practice which are followed by the company in the procurement of fuel from any entity. They include but are not limited to competitive procurement, due diligence of the supplying company, purchase order/contract, nominated quantity sent to supplier with expected date of delivery, quality and quantity surveyor appointed to overlook the loading of the cargo and certificate of quality/conformity with technical specification produce.
The supplier also needs
to send the proforma
Invoice necessary for the Guyana Revenue Authority to give permission to offload vessel; the certificate of origin/signed declaration that product was not sourced from an embargoed country; the details of vessel to be used, the Q88 document and a detailed report on the loading of the vessel by independent inspector. Added are the bill of lading for the loaded vessel and updates from the vessel on estimated time of arrival.
The Board of Directors of GUYOIL also stated that they want to assure the public that at all times the company will act in compliance with the laws of Guyana and best practices as it relates to conducting its business.