A significant governance crisis has emerged surrounding GuySure, the Guyanese subsidiary of Surinamese state-owned enterprise Grassalco. Official corporate registration documents from Guyana reveal that the company’s shares are formally held by private individuals with connections to Grassalco, contradicting previous representations that it represented a state-controlled regional expansion.
The disclosure directly challenges the narrative presented during GuySure’s inauguration in Georgetown last May, which was attended by then-President Chan Santokhi, suspended Grassalco CEO Wesley Rozenhout, and former Foreign Minister Albert Ramdin. The high-profile political ceremony had positioned the venture as Suriname’s strategic state-owned presence in neighboring Guyana.
Investigative findings indicate critical irregularities in documentation handling. Key GuySure documents were only entered into Grassalco’s official records and archives this January—months after both the company’s establishment and its high-profile launch. Forensic analysis confirmed no evidence of external hacking or digital manipulation, suggesting internal procedural deviations.
The administrative process displayed multiple anomalies including missing сопроводительные документы, irregularities in dossier preparation, and archival inconsistencies. Investigators have not ruled out intentional manipulation or backdating of documents, raising concerns about potential criminal offenses such as document forgery and abuse of position.
This case transcends political dimensions, touching fundamental principles of legal governance and state property protection. Unlike the separate 4-kg gold investigation, this matter involves international corporate registration, state assets, and possible cross-border legal violations that demand rigorous independent criminal investigation without political interference.
The central question remains how a purported state subsidiary transformed into a private ownership structure without transparency or accountability, revealing systemic failures in both institutional controls and their appointed guardians.