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Opposition stands firm on AML Bill

GgrangerBoth the leaders of the APNU and the AFC are holding their ground on their demands, as the government struggles to come to terms with Guyana being blacklisted by the Caribbean financial Action Task Force.

Today leader of the opposition David Granger said the ruling party need to abandon its winner takes all attitude to governance.

Alliance for Change leader Khemraj Ramjattan said the Anti-money Laundering and Countering Financing of Terrorism bill could be passed in 72 hours if there is the political will to make it happen. In this regard, the AFC proposesed that a process to fast-track the establishment of the Public Procurement Commission be implemented, with the Public Accounts Committee selecting the five nominees at its next meeting.

APNU said they want the president to assent to the bills passed in the national assembly, and their amendments to the Anti-money laundering bill drafted in the existing bill.

The Caribbean Financial Action Task Force issued a public statement informing the world that Guyana poses serious risks to the International financial System.

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