The Guyana Sugar Corporation Inc. (GuySuCo) says it has once again found itself unable to pay wages and salaries and has approached the Government for help.
According to the Corporation, a meeting was held today between the Acting President and Prime Minister, Moses Nagamootoo; Minister of Agriculture, Noel Holder; Chairman of the Board of Directors, Prof. Clive Thomas and Chief Executive Officer, Errol Hanoman, to discuss “urgent cash flow relative to wages, salaries and other payments at GuySuCo.”
The statement said it was agreed that “as a matter of urgency,” a presentation will be made at the Cabinet meeting scheduled for Tuesday, September 19, 2017.
Further, the meeting agreed on steps to be taken to ensure that employees are paid for services provided to the Corporation for the past week. The Corporation now awaits the response from Cabinet after the meeting tomorrow.
The Chairman however assured that every effort will be made to resolve the matter shortly.
