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AFC demands that the ruling PPP name the nominees for the Public Procurement Commission – 20th May 2013

shot0024“Over to you, Mr. President”, is the call by the Alliance For Change in the row over the passage of the Anti-Money Laundering and Countering the Financing of Terrorism amendment Bill. The party in a release, demanded that the PPP  names its nominees to the Public Procurement Commission as an act of good faith, before the AFC even thinks about a change of position. The Party said that the apparent crisis, if Guyana does not pass the Amendments to the act, can be easily resolved without further delay. All the President has to do is to establish the Public Procurement Commission, which is years overdue and assent to the 2 opposition Bills he rejected. The Caribbean Financial Action  Task Force  is the Regional body tasked with getting countries up to speed with money laundering legislation for the Organisation for Economic co-operation and development (OECD), which is a body of 34 nations including the US, Canada The UK and Russia.

The AFC’s call was a subtle rebuke in response to calls by the Private Sector Commission and the Georgetown Chamber of Commerce and Industry for the parliamentary parties to comply with the May 27 deadline, since Guyana could face sanctions for not being in compliance with international standards and obligations regarding money laundering. The party said too that it continues to support comprehensive financial reforms in Guyana since they believe that money laundering is a scourge to be eliminated. The party also took the organisations to task for not being as vocal in their call for the mandatory constitutional bodies to be set up and about what the AFC sees as the assumption of Judicial Office by the President when he said the Bills were unconstitutional. The AFC said all stakeholders were aware of the need for the amendments to be addressed since 2011. Since then the party noted Guyana has been cited thrice for minimal progress in implementing reforms.

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