LEADER of the Opposition, Mr Bharrat Jagdeo, MP, who is currently overseas, wishes to reject as a total falsehood the contention being peddled in the media that the European Union (EU) paid to Guyana the sum of G$348.5B as compensation for the 36 per cent cut in the preferential market for sugar.

In fact, the total sum paid to Guyana is approximately G$30B. Indeed, the final installment of G$5.4B, was paid to the coalition Government in October last year.
The sum of G$348.5B is over 10 times the sum actually received by Guyana.

More than G$30B was spent by the PPP/C Administration on the Skeldon factory alone.

The Leader of the Opposition will address this issue more expansively upon his return to Guyana later this week.

Yours sincerely,
Anil Nandlall
Former Attorney General