MFDP Initiates Pro Poor Credit-Loan Scheme for Employees

first_imgDeputy Finance Minister Wolokollie (fourth from left) posed with other officials at the signing ceremony of LPA agreement. The Ministry of Finance and Development Planning has recently signed an agreement known as the Legal Power of Attorney (LPA), with two institutions namely; Guaranty Trust Bank Liberia Limited and the Liberia Cement Corporation to initialize a credit-loan scheme for employees.The Legal Power Attorney, also co-named MFDP-LPA is expected to alleviate challenges when actualized, according to Deputy Minister for Fiscal Affairs Samora Wolokollie.Wolokollie said the scheme is the fulcrum of the Pro-Poor Agenda for Prosperity and Development (PAPD) and will ensure the well-being of employees, while also increasing productivity and efficiency.He said the initiative is part of efforts aimed at easing challenges employees of the ministry have in accessing credit for construction and other purposes.Wolokollie added that with the financial constraints employees face, the short term borrowing scheme will help them greatly.He urged employees to borrow within their limits, calling on them to see the scheme as an opportunity to support their financial needs.Basically, the LPA model re-branded by the MDFP was borrowed from the Liberia Revenue Authority (LRA).LRA Commissioner General Thomas Doe Nah termed the scheme as ‘wonderful’ for the country and ‘good for the economy’. Nah explained that the initiative is about people taking responsibility to build credit culture where they will have access to resources.He believes the MFDP in collaboration with the two private entities, and other stakeholders will help the economy greatly, adding that it will enhance the fight against corruption.“This is good for the fight against corruption, because it will help you achieve whatever you want to achieve, so there will be no need for corrupt acts,” CG Nah stated.The LRA Boss, making reference to the United States, said it is difficult for people to achieve normally without cash credit and, with the launch of the scheme at the MFDP, employees will have opportunities to do many things.He called on the ministry to increase the vendors, while implying the model of ‘seamless’ so that employees can not feel the burden.In addition, CEMENCO Managing Director William Gaignard said his company is working assiduously to produce best quality cement, and is proud to be part of the initiative. He expressed the need for collective efforts in building the country, stating that CEMENCO is here forever.However, Guaranty Trust Bank Managing Director, Ikenna Anekwe, said the initiative will lead to growth for the economy. He assured Minister Wolokollie of the bank’s support to the PAPD. He disclosed that the bank believes in creativity and innovation and the credit scheme is one of the platforms the bank is making use of.Omar Hamzi, Super Manager of City Builders expressed delight with the initiative, terming it as something good. He lauded the Ministry of Finance for what he called ‘believing’ in them to form part of the program.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Scholarship Scheme for 120 Montserrado Students Launched

first_imgShortly after the launch, some of the scholarship beneficiaries danced with Rep. Morris in the community.Montserrado County District #1 Representative Lawrence Morris on Monday, October 8, launched a four-year scholarship scheme for 120 students in the district as a pilot project.The life span of the project will, accordingly, depend on the ability of the students to excel academically, which would allow each student to remain on the scholarship until he/she can graduate from university.Morris said the future of any country lies in the hands of serious-minded young people who would eventually play leadership roles.As a lawmaker, Rep. Morris said he strongly believes in the development of young people through education, “because when the minds of the youth are developed, the future of the country becomes secured, while all other development programs follow.”    He said the scholarship scheme is part of campaign promises he made to his constituency during the 2017 legislative election.“I depend on nothing else to lead you; put God first and education second, because if education could make me successful today, then I need to empower the youth with education to reach my level and even beyond. The bottom line is to see Liberia is developed,” Rep. Morris told the gathering.He said he initially decided to educate 50 students through the scheme but, looking at the yearning for education across the district, his office increased the number of beneficiaries to 120, including at least two or three students from each community.“This is something that will bring joy not only to me, but to our district and country at large. I therefore urge every beneficiary student to study and earn a grade point average above two points to stay on the scholarship,” he said.Community leaders and representatives of the beneficiaries expressed gratitude to Rep. Morris for the scholarship. They also hailed him as a “lover of education” that has come to empower school-going pupils to pursue higher education.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

MoU inked for inter-agency sharing of info

first_imgMoney launderingData gathering and the sharing of information have been deemed two critical components in the fight against money laundering and countering terrorism financing and, therefore, collaborative efforts by several important agencies in Guyana are essential to securing successful prosecutions and convictions.Head of the Financial Intelligence Unit (FIU), Matthew LangevineThis is according to the Head of the Financial Intelligence Unit (FIU), Matthew Langevine, who at a signing ceremony of agreements with seven agencies on Monday stated that the Memorandum of Understanding (MoU) that each agency inked with the FIU allows for the exchange of information in a timely, safe and secure manner.“The MoU was developed based on recommendations to 29 of the Financial Action Task Force (FATF). Forty recommendations which require that organisations, competent authorities in every country, share information that will allow for the effective execution of its mandate with respect to dealing with the scourge of money laundering,” Langevine said at the brief signing ceremony.The agencies which will be sharing information are Guyana Gold Board, Bank of Guyana, Guyana Geology and Mines Commission, Gaming Authority, Lands Registry, Chief Cooperative Development Officer and Guyana Securities Council.ConfidentialityLangevine explained that the MoU allows for all competent authorities to agree to share information and exchange information in an efficient, safe and secure manner, so that there is confidentiality and protection of the information that is shared.“As well as to share the information in a timely manner so that investigations are conducted efficiently. We have an MoU with the Special Organised Crime Unit (SOCU) and the State Assets Recovery Agency (SARA) already that was done previously and so with all the agencies now coming on board to exchange information in a more structured and efficient manner, it should allow for a more efficient and effective process with respect to all the investigations we are conducting.”According to the FIU Head, such a process is standard for all FIUs globally and all the competent authorities in every country. The fact that Guyana was not a part of this process earlier was highlighted as a weakness within a National Risk Assessment (NRA) that was conducted.Langevine further explained that the inking of such a MoU is one of the recommendations that came out of the NRA that was completed in 2017. It is aimed at ensuring that all measures that were identified in relation to improving the effectiveness of the Anti-Money Laundering/Caribbean Financing Action Task Force (AML/CFATF) regime in Guyana, are in place.“We signed with seven today but we would have signed a couple already. We have a few others that we are hoping to sign with very shortly including the additional registries, the Commercial Registry and the Deeds Registry as well as the Guyana Revenue Authority (GRA) which is still outstanding which we are going to have signed off very shortly. The Customs Anti-Narcotics Unit (CANU) is also scheduled to sign off with us very shortly as well.”No SOCU successful prosecutionsHe told this publication that over the past few years, since the establishment of the FIU, his agency has continuously been sending cases to SOCU so that it (SOCU) could pursue with the aim of securing successful prosecutions which would lead to convictions.“We are sending cases all the time, we are sending reports to them, sending updated reports to reports submitted previously so it is an ongoing process. The one thing I would like to warn the public is that money laundering investigations are very complex and it takes a lot of time and requires a lot of work and a lot of skilled resources and I think that we have to allow the process to work.”However, he noted that getting to the stage of convictions, prosecutions and seizures of assets cannot happen until there are certain systems properly implemented.last_img read more

Fivestar fighters punch their way to success in Grande Prairie

first_imgNelson Zenner (Champion Gym, Grande Prairie AB) vs Logan Mackinnon (Red Deer Boxing Club, Red Deer AB) 60lbsDouble Winners (Fun Box)Ella Cameron (Champion Gym, Grande Prairie AB) vs Gabby Sanderson (Precision Boxing Club, Nanaimo BC) 95lbsDouble Winners (Fun Box)Damya Bow (Warrior Strong, Grande Prairie AB) vs Alaya McCormick (Fivestar Boxing Academy, Fort St. John BC) 112lbsDouble Winners (Fun Box)Joshua Sallano (Champion Gym, Grande Prairie AB) vs Eddie Scarfo (Fivestar Boxing Academy, Fort St. John BC) 112lbsWinner Eddie Scarfo via TKOMarcus Leung (Red Deer Boxing Club, Red Deer AB) vs Zack Bower (Warrior Strong, Grande Prairie AB) 78lbsWinner Zach Bower via Unanimous DecisionAaron Boyd (Marshall Boxing, Edmonton AB) vs Brayden Sims (Fivestar Boxing Academy, Fort St. John BC) 132lbsWinner Brayden Sims via Unanimous DecisionFausto Santoro (Marshall Boxing, Edmonton AB) vs Jerome Leroyer (Precision Boxing Club, Nanaimo BC) 132lbsDrawKyle Oliver (Lethbridge Boxing Club, Lethbridge AB) vs Dominic Barbossa (Salmon Arm Bulldogs, Salmon Arm BC) 135lbsWinner Kyle Oliver via Split DecisionJesse Cartwright (Alliance Boxing Club, Edmonton AB) vs Ken Kapeller (Champion Gym, Grande Prairie AB) 200lbsWinner Jesse Cartwright via TKOJustin Lemire (Champion Gym, Grande Prairie AB) vs Brylee Gladue (Alliance Boxing Club, Edmonton AB) 178lbsWinner Justin Lemire via Unanimous DecisionJesse Mackie (Champion Gym, Grande Prairie AB) vs Nick Dragovich (Fivestar Boxing Academy, Fort St. John BC) 145lbsWinner Nick Dragojevich via Split DecisionMackena Kansley (Alliance Boxing Club, Edmonton AB) vs Jordyn Konrad (Salmon Arm Bulldogs, Salmon Arm BC) 126lbsWinner Mackena Kansley via Split DecisionCole Brander (Marshall Boxing, Edmonton AB) vs Hammid Hussein (Queensborough Boxing, Vancouver BC) 112lbsWinner Cole Brander via Unanimous DecJosh Peck (Lethbridge Boxing Club, Lethbridge AB) vs Nick Young (Fivestar Boxing Academy, Fort St. John BC) 150lbsWinner Josh Peck via Split DecisionMissy Dempsey (Alliance Boxing Club, Edmonton AB) vs Krishan Lysenko (Precision Boxing Club, Nanaimo BC) 150lbsWinner Missy Dempsey via Split Decision GRANDE PRAIRIE, AB – Fivestar fighters returned home two weekends ago after a successful tournament in Grand Prairie versus Albertan competitors.Justin Donally who runs and trains a number of participants at the Fivestar Gym in Fort St. John, saw his fighters finish the B.C. vs Alberta tournament with a 5-1 record. Nick Young suffered his first loss of his career after a wardrobe malfunction allowing his opponent, Josh Peck, to take advantage and win by Split Decision in the 150 pound division. Young added, “My performance wasn’t usually how it is, I had a pretty bad malfunction with my headgear which led to me gassing out and getting hurt in the second round. I was able to rebound in the last round.”Brayden Sims also competed at the event and he improved to 6-2 after defeating Aaron Boyd by Unanimous Decision in the 112-pound division, was also awarded the Best Junior Boxer of the weekend. He said, “I think I fought really well, I felt comfortable in the ring and landing my punches. I was really surprised by the award as it was the first time I’ve ever received it.”- Advertisement -Donally added, “Overall we had a very good weekend, I was very pleased. Other than Nick having to battle a headgear piece slide over his eyes for most of the fight, I thought he did really well. With Nick we achieved his goal of getting to 10-0 and we knew at some point there would be losses along the road. As for another one of the winners, Eddie Scarfo who is twelve years old got his first TKO versus Joshua Sallano, which was pretty special for him.”Next up for Donally’s crew is a trip to Quesnel for B.C. Bronze Gloves on November 23rd and 24th.The full list of winners from the event can be viewed below:Advertisementlast_img read more

Jay Hill stepping down

first_img[asset|aid=3183|format=mp3player|formatter=asset_bonus|title=37b92731e135e83c279b1c74e40f1f4b-Jay Hill 1_5_Pub.mp3] Hill first ran in the federal election as a Reform Party candidate. He has been the MP for the Prince George – Peace River riding since 1993 and was most recently the Leader of the Government in the House of Commons from 2008 until a minor cabinet shuffle in early August.Although it is not known for sure who will run for his seat in the next election, there have already been three people who have announced their candidacy for the federal Conservative nomination. Hill says he suspects the opposition will probably bring down the government within six months, forcing a general election and negating a need for a by-election in the riding.Advertisement The Member of Parliament for Prince George – Peace River has officially announced he will be retiring in three weeks.Jay Hill made the announcement in the House of Commons, Monday, and says he feels that it is time to step down and thanked his constituents.- Advertisement -He officially announced on July 21 that he would not be seeking re-election, however he did not indicate he would step down before the next election.He says despite the fact that the riding won’t have an MP after he steps down, constituents will still have the same access to services.[asset|aid=3182|format=mp3player|formatter=asset_bonus|title=37b92731e135e83c279b1c74e40f1f4b-Jay Hill 2_2_Pub.mp3] last_img read more

Opposition, President urge Guyanese to draw inspiration from Christmas

first_imgThe two main political parties in Guyana – the People’s Progressive Party (PPP) and A Partnership for National Unity (APNU) – have both joined in extending Christmas greetings to all Guyanese while urging all to draw inspiration from the message of Christmas.The PPP extended Christmas wishes to the Christian community in Guyana and in the Guyanese diaspora, noting also that it was a time for joy, goodwill and sharing, as well as other positive attributes.“The holiday season is a time of joy, goodwill and sharing. It is also a time for compassion and kindness as we all endeavour to spread peace and love towards our fellowmen and women for the betterment of humanity.“Our dear country abounds with traditions for Christmas, as Guyanese, despite their challenges, find ways and means to share in the true spirit of the season. It is these traditions and values that have come to make this period here unique and much anticipated, epitomising what we have all come to hold dear at this time of year.”The Party urged that while Guyanese celebrate, they also reflect on the pertinent messages and the significance of the festivities. According to the Party, there are lessons to be learnt about building a more tolerant society.“Christmas marks the birth of the Saviour Jesus Christ whose exemplary life and teachings provide guidance for the upliftment of humanity. Let us all be inspired by what he stood for and continues to represent so as to build a more tolerant society and a better Guyana.“Our Party also urges that we all keep in our thoughts and prayers, the needy, the less fortunate and the many others who are faced with personal challenges thereby preventing them from truly experiencing the festivities of this season.”APNUMeanwhile, APNU noted in its message not only the religious symbolism of the occasion, but also the fact that Christmas represents the eternal and universal human aspiration for peace and goodwill.“Christmas recalls that Christ was born into a family. Jesus came into the world as a baby, born into a family, He belonged to a model family…the holy family. The family is a divine creation which must be protected.“Christmas is a time to strengthen the bonds of fraternity, friendship, and family-hood. It is a time for family reunions and for spreading cheer by exchanging gifts, visiting friends, attending church, sending greeting cards, singing carols and sharing dinners within the home and community.”The party also noted that Christmas reminds every one of their duty to each other, particularly the nurses, soldiers, policemen and other persons involved in providing public services. According to the party, they will spend Christmas away from their families and homes.“We are reminded, also, of the plight of the poor, the weak, the destitute and those who are sick, in grief and in need, at this time. We are all part of society. The Holy Festival of Christmas is an opportunity to strengthen the bonds which unite us – as a family, community and country.“Let us be the agents for promoting peace and bearing goodwill to all. Let us ensure peace, goodwill and safety in our homes, on the roadways and in our communities. A happy and peaceful Christmas to all Guyanese!”last_img read more

Tottenham sweating over Alli injury

first_imgWith striker Harry Kane already out until March, the Spurs injury list can’t afford to get much longer if they want to maintain their current top four spot on the Premier League table.Boss Mauricio Pochettino revealed more about the hamstring injury.“Yes, and from the first moment we saw [what happened] on the pitch, we were worried,” he told Spurs official website.“At that moment you don’t think too much because you are focused on the game and of course, you cannot be affected by that emotion.“Now, we feel so bad and sorry because he’s an important player for us and we’ll see, we need to assess him in the next few days and hope it’s not a big issue.”0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Dele Alli injuLONDON, United Kingdom, Jan 21 – Tottenham Hotspur may have lost another key player as Dele Alli went down clutching his leg in the comeback victory over Fulham at the weekend.The midfielder – who scored the equaliser – went down grabbing his hamstring on Sunday evening at Craven Cottage and when the medical staff arrived, he looked in serious pain.last_img read more

Hawksbee and Jacobs daily – Tuesday, July 28

first_imgListen to the best bits from Tuesday’s Hawksbee and Jacobs show, as Paul and Andy discuss Watford’s activity in the transfer market and the latest on the FIFA president wrangle.last_img

Writers negotiations to resume today

first_imgThe first negotiations since the Writers Guild of America launched a strike against movie studios and television networks on Nov. 5 are scheduled to take place today, with a settlement still expected to be weeks away. The dispute centers over pay for work that is distributed via the Internet, video iPods, cellphones and other new media. The strike has forced late-night talk shows into reruns, halted production on most scripted TV series and could bring about an increase in unscripted and competition series and news magazines in primetime. Los Angeles’ economy will lose $21.3 million a day in direct production spending if the writers strike extends into next month, Steve MacDonald, president of FilmL.A. Inc., the nonprofit group that handles film permits and promotes the industry said. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREPettersson scores another winner, Canucks beat Kings“If the strike continues it’s going to have a huge impact on the local economy and middle-class jobs,” MacDonald said. Jack Epps Jr., chair of the Writing for Screen & Television Program at USC’s School of Cinematic Arts, said management and the writers are locked in “a lengthy process,” and it would be “impossible” to predict when a new contract might be reached. “What I expect to happen is two sides are now looking at each other across the table and they will talk about issues, rather than lobbing accusations through papers,” Epps, who wrote the screenplays for “Top Gun” and “Dick Tracy,” said. “I think what’s great is that they’re talking and looking to move forward and find a solution, but I think they are still are broad differences that have to be settled.” The writers and Alliance of Motion Picture and Television Producers, which represents the major studios are networks, are “looking at profits and residuals in different ways,” Epps said. “If we could get this solved sometime in January, I think that would be terrific,” he said. “The holidays throw a big monkey wrench into everything.” Epps said that whatever new residuals the writers receive will not make up the money they will have lost during the strike. But this strike, like others in Writers Guild history, is “a strike for the future,” he said. “There’s a history of writers sacrificing for future writers,” Epps said. Writers are more unified than during the 1988 strike, the last major work stoppage to hit the entertainment industry, Epps said. “The solidarity is there,” Epps said. “It’s deep, it’s heartfelt. We all see the future.”160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Ex-cop arrested after alleged sexual assault of 14-year-old

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MORE11 theater productions to see in Southern California this week, Dec. 27-Jan. 2Shelton is being held at Riverside County jail and is expected to be extradited to Nevada. Shelton reportedly was arrested on Dec. 16, 2005, in an unincorporated wilderness area of Ventura County near Simi Valley. He was booked then on suspicion of trespassing, making criminal threats and impersonating a peace officer. MOORPARK – A Moorpark man who once worked as a police officer has been arrested on suspicion of sexually assaulting a 14-year-old boy in Las Vegas, police said. Shawn Shelton, 39, was arrested in Corona on Friday after police received a tip he was in the area. A former Manhattan Beach Police Department officer, Shelton on May 21 allegedly flashed a badge to a 14-year-old boy at a bus stop in Las Vegas and told him to get into his H2 Hummer, according to the Corona Police Department. Shelton then drove to a parking lot, handcuffed the boy, sexually assaulted him and held him for another two hours before finally releasing him, police said. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more