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    Home»Featured»Conflict of Interest Questions and Answers
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    Conflict of Interest Questions and Answers

    Joel BhagwandinBy Joel BhagwandinNo Comments3 Mins Read8,626 ViewsJuly 17, 2024
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    Joel Bhagwandin
    Joel Bhagwandin
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    In light of a disclosure through a press statement made by the undersigned in the undersigned’s capacity as a Director for a private firm, SphereX Professional Services Inc. (hereinafter “SphereX”), wherein SphereX terminated a contract with ExxonMobil Guyana (hereinafter “EMGL”), a Stabroek News (SN) reporter, namely, Khadidja Ba, wrote to the Public Procurement Commission (hereinafter “the Commission”), where the undersignedalso sits as a Commissioner, enquiring whether the Commission was ever made aware of the undersigned’s business relationship with EMGL, and  whether any conflict of interest was appropriately disclosed by the undersigned involving EMGL.

    First and foremost, let me say that as an independentconstitutional office holder serving the public’s interests, I am duty bound to subject myself to this level of public scrutiny. I would therefore like to thank SN for this opportunity, as I welcome these enquiries, which I am more than happy and willing to address.

    The Commission is well aware of my private consulting practice through the aforementioned firm (SphereX). As regards conflicts of interest at the Commission level and my previous business relationshipwith EMGL;to date, there hasn’t been any matter regarding EMGL that has ever engaged the attention of the Commission for a decision or deliberation. As such, there was never anyconflict-of-interest situation specific to EMGL and the undersigned as a commissioner of the Public Procurement Commission.

    Moreover, it is important to note, too, that EMGL has nothing to do with the Public Procurement Commission, per se; since EMGL does not tender for government contracts. Accordingly, EMGL’s operation is governed by the Petroleum Agreement (2016), the Local Content Act,the Petroleum Activities Act, and the Environmental Protection Act. Thus, there is absolutely no conflict of interest.

    Suffice it to state, the Commission’s records would confirm(i.e., the minutes of the Commission’s meetings), however, that whenever a conflict of interest arose, I had promptly made such disclosure and recused myself accordingly.

    For example, the Commission’s records would confirm that there were two separate occasions in the past where two “private companies” had lodged complaints in relation to public tenders they participated in, of which, one was a past client and the other was a current client of SphereX. These were promptly disclosed to theCommission,and I had recused myself accordingly.

    Furthermore, I have appropriately and as a matter of principle disclosed and recused myself in the recruitment processfor staff of the Commission as well. To this end, there were two instances when two candidates had applied for various positions who were personally known to me.

    All of the foregoing disclosures can be confirmed by the Commission.

    Finally, I would like to take this opportunity to put on record and to state explicitly that I am not the leader of any political party, I am not an executive member of any political party, and I am not an ordinary card bearing member of any political party.

    Of note, SphereX is a professional services firm that provides economic, financial and investment advisory services and political analysis to both local and foreign corporate clients/investors.

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    Joel Bhagwandin
    Joel Bhagwandin

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