Former Director of Guyana Power & Light (GPL), Carvil Duncan was Monday allowed to plea to the charge which alleged that he stole $984,900 from the company.Duncan denied the charge when it was read to him by Chief Magistrate Ann McLennan, which alleged that he stole the money on March 31, 2015 at Georgetown.
Duncan, who is also the president of the Federation of Independent Trade Unions of Guyana (FITUG) and General Secretary of the Guyana Labour Union (GLU), was allowed to plea to the charge when Police Prosecutor Neville Jeffers made an application for the Administration of Justice to be applied.
The Former Director was charged jointly with the company’s former Deputy Chief Executive Officer (DCEO) Aerswar Deonarine for the unapproved transfer of approximately $27M to their personal bank accounts from the PetroCaribe fund. A warrant was issued for the arrest of Deonarine since he had allegedly fled the jurisdiction.
However, the prosecutor requested a short adjournment date as it relates to the joint charges since further advice needs to be sought. The matter has since been adjourned for report on April 28.
On January 26, Duncan was placed on $1M bail by the Chief Magistrate in connection with three criminal offences he is accused of committing against the entity as a board member of GPL.
The police alleged that Duncan stole the money from GPL on March 31, 2015 after conspiring with Deonarine to commit the act of simple larceny.
Duncan is also alleged to have conspired with Deonarine to commit a felony – that is to say between May 7 and 8 at Georgetown he conspired to steal GYD$27,757,500, property of GPL.
As a Director, Duncan signed off on Deonarine’s payments and Deonarine reportedly signed off for Duncan’s back pay, which represented the 48 months he would have been a Director.