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AFC says gov’t dragging feet on new anti-money laundering laws

Screen Shot 2014-06-16 at 6.59.09 PMThe Alliance for Change (AFC) wants to see the government cut the public rhetoric and start acting when it comes to updating the country’s anti-money laundering law.

AFC Executive Members Dominic Gaskin and Cathy Hughes at a recent press conference told the media that the present administration continues to show no real interest in the passage of the bill.

When questioned about the Party’s next step to engage the government, Gaskin said that answer remains with the present administration which has ignored the Opposition Parties.

The AFC said the present legislation before the National Assembly could be passed in 72 hours if there is the political will to make it happen. Both the APNU and the AFC are holding out on their demands, as the government grapple to come to terms with Guyana being blacklisted by the Caribbean financial Action Task Force.

The next sitting of the National Assembly will be on Thursday but the Anti-money laundering and countering the financing of terrorism bill will once again be deferred to another session, as the three political parties tries to cooperate at the special select committee level.

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