Guyana's NCN media CEO resigns amid scandal
The chief executive officer of the state-owned National Communications Network (NCN) in Guyana, Mohammed Sattaur, has resigned amid a scandal over financial irregularities at the media entity.
According to CMC, the ‘irregularities’ came to light after the NCN board of directors launched an investigation into the entity’s operation last month. The probe was carried out after Mr Sattaur presented a proposal which sought to recover a US$695,825 subsidy slashed from the 2012 budget.
He had also said during the budget presentations that the company raked in some US$2.4 million from advertisements in 2011.
The CMC reports that NCN’s programme manager Martin Goolsarran has also been suspended for eight weeks after he admitted that he engaged in the financial imbroglio.
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