[www.inewsguyana.com] – Deputy Chief Executive Officer, Administration of the Guyana Power and Light (GPL), Aerswar Deonarine has requested time from the government to repay the $27M which he transferred from the PetroCaribe fund to his personal bank account in the United States.
This is according to Minister of Public Infrastructure, David Patterson, who told a news conference on Saturday, August 08 that Deonarine wrote a letter explaining that he does not believe his actions were wrong.
“I am aware that a letter was sent in by the DCEO. He wrote the letter saying he does not believe his actions were wrong. However, he will refund the money, but is requesting some time, because the cash was transferred to his United States (US) account,” Patterson explained.
Following the discovery of the illegal transfer in July, Deonarine was sent on immediate administrative leave, pending the outcome of an investigation. According to Patterson, the forensic audit into the financial affairs of GPL has been concluded and the files have been sent to the the Ministry of Public Security and the Attorney General, who will advise on the way forward.
The audit revealed that $28.748M was transferred from the PetroCaribe Fund into the personal accounts of FITUG President Carvil Duncan and Deonarine.
A total of $27.8M went into Deonarine’s account and $948,000 to Duncan’s account, under the pretext that the monies were retroactive payments for salary increases.
However, the Board of Directors for GPL did not approve the salary increase for Deonarine, who would have approached the Board several times for his salary to be increased to the same as another Deputy CEO of GPL.