AG says won’t recommend President sign bills sought by opposition

Anti-money laundering law stalemate

Attorney General Anil Nandlall says that Cabinet will have to finally decide on opposition conditions for passage of the anti-laundering bill but he won’t recommend that the President assent to several rejected bills as is being sought by APNU and the AFC.

With a month to go before Guyana is likely to face more rigorous sanctions by the international financial community because of the absence of an upgraded Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) law, Nandlall yesterday said he could not in all good conscience recommend that the President accede to the opposition’s demand on the bills.

Battle lines were sharpened over the weekend after a high-level team from the Caribbean Financial Action Task Force (CFATF) heard from the opposition that it was not backing away from its demands for further amendments to the AML/CFT law to make it more effective and to tie the passage of the amendments to a clutch of bills which were passed …..To continue reading, login or subscribe now.

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