Kenrick Hunte

Recently, it was reported that the auditors appointed by the Government of Guyana to audit the books of ExxonMobil Guyana Limited (EMGL) have been denied access to pertinent oil reports and associated cost information ((See Anand Gool-sarran’s  Report, “The audit report on Exxon’s post-contract costs (Final Part)”, https://www.stabroeknews. com/2024/04/08/features/accountability-watch/the-audit-report-on-exxons-post-contract-costs-final-part/). Similar difficulties were observed on a US$214.0…

Reference is made to your article captioned ‘Exxon must now put decommissioning fund in place for all Guyana projects – Minister Bharrat’ (KN 11-16-2023). In that article, it is reported that ‘…the company (EMGL) would have to submit for the minister’s approval, a proposed decommissioning plan and budget no later than two years before the…

The work done by the consortium of auditing firms, Ramdihal& Haynes Inc., Eclisar Financial, and Vitality Accounting and Consultancy Inc., with backing from Martindale Consultants, have identified the unauthorized expenditures that have inflated the costs of the EMGL financial statements. In particular, the auditors point out the unlawful disbursement of funds from the Liza 1…