The president of the National Gas Company, Gerald Ramdeen, revealed that a client benefited from an unauthorized overdraft of 100 million dollars for over two years, while the country was lacking in foreign reserves. He also criticized the management of past projects, notably the Manatee gas project, which he described as a disaster. Since the arrival of the new management, NGC's profits have increased by 111% and operational expenses have been reduced by over 500 million dollars.
Overdraft Scandal: 100 Million Dollars at Stake for NGC
This article was updated at 22:55.