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Gov’t believes opposition wants to embarrass the country by withholding support for amendments to country’s Financial Crimes Law – 17th May 2013

shot0001The Government believes that the combined opposition which controls the majority in the National Assembly, wants to embarrass the country by withholding its support from the passage of the amendments to the country’s financial crimes law.

Cabinet Secretary Dr. Roger Luncheon today described the opposition’s position as disgraceful.

Dr. Luncheon at the post Cabinet Press Conference today said that the amendments to the bill deals with the development in anti-money laundering practices internationally and the evaluation of weaknesses of the Bill in its current state.

Both the Alliance For Change and  APartnership for National Unity had stated that they will not be held to ransom by  rushing the controversial Anti-Money Laundering and Countering the Financing of Terrorism (AML & CFT) Amendment Bill 2013, through the National Assembly.

Failure to have the Bill passed could see Guyana blacklisted for not doing enough to combat money laundering and stopping the financing of terrorism.

The AFC has made it clear that it will not lend support to the financial Bill unless Government assents to two Bills piloted by the opposition-controlled House.

The party also wants the Government to set a deadline for the establishment of the Public Procurement Commission (PPC) which will help halt corruption in the awarding of contracts funded by the public purse.

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