Episode
Ram Exposes Stabroek Block Oversight Failures | Guyana News
- Published
- Sep 2, 2026
- Duration seconds
- 121
- Processing state
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- https://sources.thednn.ai/efd8168a28974bd9
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Summary
Lawyer and accountant Christopher Ram blasts the current administration for failing to deliver on key promises regarding Guyana’s Stabroek Block oil deal—six years after taking office, no review, no audit, and no real protection of national interests. While President Ali touts a jump in Guyana’s oil share to nearly 40%, Ram exposes the Ministry’s misleading math: that figure ignores cost recovery, which is capped at 75% annually—a cap directly tied to profit. He accuses officials of not understanding the deal or audits, and highlights the absence of a long-promised Petroleum Commission, leaving oversight in the hands of one ministry. As Guyana’s debt climbs toward $10 billion by 2026 and spending surges, Ram warns unchecked withdrawals from the Natural Resource Fund could lead to massive waste and corruption without proper oversight. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/efd8168a28974bd9