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Rodney George quits Grenlec as Chairman

Rodney George - tendered his resignation as Chairman of the Board

The Chairman of the Board of Directors of the state-owned Grenada Electricity Company (Grenlec) Rodney George has tendered his resignation.

According to informed sources, several of the other Directors of the company were only informed on Monday about George’s resignation from the island’s sole electricity utility.

One of the shareholders of the company told THE NEW TODAY that he was happy to see the back of George and accused him of having “too much conflict of interest.”

“…Let him go… (the government) will be better off,” he said.

George is a former Manager of the island’s sole electricity company and ran into problems with the 1979-83 left-leaning People’s Revolutionary Government (PRG) when he was briefly detained.

George’s appointment as Chairman of the Grenlec Board of Directors raised several eyebrows following the change of government due to the June 2022 general election when Congress replaced the New National Party (NNP) administration of Keith Mitchell.

He was associated for several years with the Wärtsilä that was interested in selling electricity generating engines to Grenlec.

He had resigned from Wärtsilä but fears were still expressed that he might seek to use his position as Chairman to influence the company to purchase equipment from his former employers.

Details are sketchy about the sudden resignation of George from Grenlec, however, one of his last significant acts in the position was to inform shareholders of a drop in dividend payments in a letter sent out to them in April.

Following is the text of the letter:-

 

 

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