EPA puts hold on project that saw US$1M payout to PNCR’s Bond

A Caribbean joint-venture for a chemical storage facility has been shelved amid controversy over the disposal of state lands on the East Bank Demerara (EBD) and a near US$1 million payment to a well-known PNCR figure.

Attorney General Anil Nandlall confirmed to Sunday Stabroek that the Environmental Protection Agency (EPA) has been advised to put on hold the application by Guyana Logistics and Support Ser-vices (GLASS) Holdings Inc for the construction and operation of a chemical storage and warehouse facility and laydown yard in the controversial NICIL-owned Peter’s Hall area, on the EBD, “until this issue is resolved.”

The hold on the project comes as the company was seeking to resolve with government holding company, National Industrial and Commercial Invest-ments Limited (NICIL), how to move forward with the US multimillion facility that it and its partner, Lennox Petroleum of Trinidad and Tobago (LPTT), paid US$1 million to PNCR member, attorney James Bond, for the lease rights.