The saga continues… GPL’s Deputy CEO transfers cash to U.S. account – requests time to repay funds
GPL’s Deputy CEO (Administration), Aerswar Deonarine
GPL’s Deputy CEO (Administration), Aerswar Deonarine

AESHWAR Deonarine, Deputy Chief Executive Officer (DCEO Administration) of the Guyana Power and Light (GPL), is currently seeking time to repay the Gy$27M which was transferred from the PetroCaribe fund to his personal bank account. This information was revealed during a press conference yesterday hosted by Minister of Public Infrastructure, David Patterson, in the boardroom of his ministry.
“I am aware that a letter was sent in by the DCEO. He wrote the letter saying he does not believe his actions were wrong. However, he will refund the money, but is requesting some time, because the cash was transferred to his United States (U.S.) account,” Patterson told reporters.
Minister Patterson indicated that the forensic audit into the financial affairs of GPL had concluded, and the files were sent to the Ministry of Public Security and the Attorney General, who, after a review of the findings, will advise on the way forward.
In late July, a forensic audit revealed that $28.748M was transferred from the PetroCaribe Fund into the personal accounts of FITUG President Carvil Duncan and Deonarine, with $27.8M going to Deonarine’s account and $948,000 to Duncan’s.

 

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