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Home Columns SATYA PRAKASH

Where Is the Missing $200M Fuel? GUYOIL Scandal Demands Full Investigation

Admin by Admin
November 12, 2025
in SATYA PRAKASH
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Environmental Stewardship Must Extend to Law Enforcement Practices

Opposition Parties Asleep While Government Campaigns On

In a country blessed with vast natural resources and a promising oil and gas sector, it is both alarming and unacceptable that questions continue to swirl around the alleged disappearance of more than $200 million worth of fuel from the state-owned Guyana Oil Company (GUYOIL) during the election period.
The People’s Progressive Party (PPP) Government and the Board of Directors of GUYOIL owe it to the people of Guyana to come clean. Transparency and accountability are not optional in a democracy—they are obligations to every taxpayer and citizen. When such a large sum of public resources reportedly goes missing, silence is not an answer.
The issue raises several serious questions. How did this alleged loss occur? Who authorized the transactions or withdrawals of fuel during that sensitive time? Was there any oversight or internal audit to track these movements? And most importantly—why has the Guyana Police Force not been called in to begin a full and impartial investigation?
Public confidence in our institutions depends on how swiftly and honestly those in authority act when allegations of corruption arise. To date, there has been no official explanation, no investigation launched, and no reassurance given to the Guyanese people. Such inaction only deepens the perception that certain interests are being protected while the truth is being buried.
The PPP Government cannot claim to champion transparency while turning a blind eye to serious allegations within one of its state agencies. The Directors of GUYOIL must also remember that they are custodians of public property, not political property.
The call is simple: launch a full and independent investigation into this matter, disclose the findings to the public, and hold those accountable—no matter who they are. Anything less would signal complicity and contempt for the people’s right to truth.
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