Termination of Chronicle Finance Controller rescinded

The Finance Controller of the State-owned Guyana National Newspapers Limited, publisher of the Guyana Chronicle newspaper, will be reinstated and an investigation will be launched into reasons for her dismissal

Moshamie Ramotar was dismissed with immediate effect Monday morning after an online news entity Demerara Waves published an article detailing the excessive spending over the past three months since Sherod Duncan became General Manager.

The decision to rescind the termination letter was made Monday during a meeting between Chairperson of the Board of Directors Geeta Chandan-Edmund, Duncan and Prime Minister Moses Nagamootoo, who was oversight of the information sector.

“The Chair and the GM agreed that the letter of termination issued to the Finance Comptroller will be immediately rescinded and that the Board should determine the appropriate course of action that could follow,” a statement from the Office of the Prime Minister noted.

The Prime Minister has also ordered that the Board of Directors launched an investigation into the expenditures at the GNNL and the grounds for dismissal of the Finance Controller.

A date for the completion of the investigation was not set during the meeting, the statement noted.

Ramotar bears an excellent reputation in the company and was highly favoured by the Board to be General Manager after acting in the position for many months but she did not express a desire in retaining the position.

Duncan served as a Member of the Board and he had resigned and applied for the position of General Manager. He is yet to be confirmed in the position.