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Home Columns Democracy Now

OP-ED: The Fall of Guyana’s Corrupt Barons of Industry; A Reckoning Long Overdue

Staff Writer by Staff Writer
August 23, 2024
in Democracy Now, Op-ed
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The recent news that the United States has revoked the visas of several prominent Guyanese businessman and even some of their family members has sent shockwaves through the corridors of power in Georgetown. What a scandal! What an indictment of a corrupt system that has allowed a select few to amass wealth and power at the expense of the nation’s integrity. The allegations are damning; public corruption, suspected money laundering, gold smuggling, bribery of public officials, and drug smuggling. For too long, the names of these so-called business elites have read like a “who’s who” of Guyana’s nouveau riche, a class that has exploited every loophole and greased every palm to climb to the top. These are the indecent people over whom the African middle class often trip over themselves to publicly associate.  The US is watching.

These individuals, who receive the lion’s share of lucrative government contracts, parade around in expensive cars, reside in opulent mansions, and send their children to summer vacations and the best private schools, have built their fortunes on a foundation of deceit and corruption. The facade they present to the world—a picture of success and respectability—is nothing more than a thin veneer masking the rot underneath. Their actions have not only undermined the local economy but have also excluded honest businesses from participating in fair competition for government contracts. The hefty bribes paid to officials, particularly those associated with the National Procurement and Tender Administration Board, have created a toxic environment where corruption is rewarded, and integrity is punished.

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But their greed doesn’t stop at Guyana’s shores. These barons of corruption have made the fatal mistake of believing they could take their ill-gotten gains to the United States, laundering their dirty money through businesses, real estate, and suspicious bank transactions involving large sums from places like Colombia. Unlike their cronies in the PPP party, however, Uncle Sam is not so easily fooled. The U.S. authorities are patient; they watch, record, and gather evidence. And when they strike, they strike hard. The recent actions against these individuals are just the beginning. With sanctions looming, the chickens are coming home to roost.

I have no sympathy for these criminals. I hope every single one of them ends up behind bars, not just for their crimes but for the hypocrisy they represent. These are the same people who, after accumulating vast wealth through drug dealing and money laundering, turn around and disparage African Guyanese, calling them lazy. They boast of being the titans of industry when, in reality, they are nothing more than the barons of corruption.

The time has come for Guyana to clean house. The actions of the United States should serve as a wake-up call to all those who believe they can continue to exploit this country without consequence. The era of unchecked greed and corruption must end, and we must demand accountability from those who have stolen not just money, but the very soul of our nation.

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