Rafiek Sheorajpanday

Rafiek Sheorajpanday

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Rafiek Sheorajpanday is the director of Hakrinbank in Suriname, notable for his involvement in the controversial Royalty’s for Everyone (RVI) program launched by President Chandrikapersad Santokhi. The program, aimed at distributing $750 to every Surinamese citizen as an advance on expected oil revenues, has raised concerns about its financial viability and legal foundations. Sheorajpanday has publicly maintained that the RVI does not create state debt, even as critics argue it poses significant risks to the country's banking system and economic stability.

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Recent news mentions

Hakrinbank director Rafiek Sheorajpanday has consistently denied that the RVI is a loan.

Bijna US$ 2,5 miljoen al uitbetaald aan RVI’s – de Ware Tijd
De Ware Tijd·SurinameSuriname· 2025-07-18
6.0

Rafiek Sheorajpanday states that the risks associated with the RVI program are covered.

RVI-programma ‘levensgevaarlijk’ voor Hakrinbank – de Ware Tijd
De Ware Tijd·SurinameSuriname· 2025-06-13
6.0

Rafiek Sheorajpanday insists that the arrangement with the government is not a state loan.

De financiële boobytrap van de RVI – de Ware Tijd
De Ware Tijd·SurinameSuriname· 2025-05-23
5.0