Trinidadian Companies Blacklisted for Fraud : Inter-American Development Bank, Guyana

Trinidadian Companies Blacklisted for Fraud : Inter-American Development Bank, Guyana

Trinidadian Companies Blacklisted for Fraud : Inter – American Development Bank, Guyana

Two Trinidadian companies, among a group of companies. Blacklisted by the Inter-American Development Bank (IDB) for fraud,corruption.

Western Scientific Company Limited from Trinidad. Four-year ban from March 31, 2016 to October 15, 2020. The companies that did business in Guyana with the Citizen’s Security Programme.

The Coordinator of the Citizen’s Security Programme, Abel Khemraj Rai, banned eight years, August 23, 2016 to August 22, 2024.

Four other companies, individuals, seem to have connections with Rai. Sidrai Radiator Works, SidraiEnterprises, Siddaharta Rai, Ron Jaisari, sanctioned, banned for four to eight years. Found guilty of fraudulent, collusive practices. Mario Ricard Dell, Edwin Mackoon, sanctioned fraudulent practices. Banned, four years.

The firms, individuals sanctioned by its Group’s Sanctions Committee. Engaged in fraud, corruption, collusion, coercion, obstruction in violation of the IDB Group’s anti-corruption policies.

Debarred firms are declared ineligible. Participate in any IDB-financed contract, the periods indicated. Ineligibility, extend to any firm or individual. Anyone who directly, indirectly controls the debarred firm, any firm which the debarred firm directly, indirectly controls. A debarred individual, ineligibility extend to any firm which the debarred individual directly or indirectly controls

These findings, made through an administrative process. Permitted the accused firms and/or individuals to respond to the allegations pursuant to the Sanctions Procedures.

Western Scientific, reportedly won a number of contracts, including the supply of equipment for the state-of-the-art Police Forensic Laboratory.  A project which fell under the Citizen Security Programme (CSP).  Initiated between Government and the IDB. The project included three components. Institutional modernisation of the Home Affairs Ministry, Community Action Component (CAC) and modernisation of the Guyana Police Force (GPF). Includes the strengthening of forensic capability.

The news of the blacklisting came as IDB’s Office of Institutional Integrity (OII). A probe of a major contract for the installation started. 25,000 smart meters and new transmission lines across the coastlands,” the news agency says.

IDB, European Union (EU), funding the US$64M power projects.

 

Trinidadian Companies Blacklisted for Fraud : Inter-American Development Bank, Guyana
http://yuhgt.com/2017/01/04/trinidadian-companies/

 

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