Only one report received by the DPP from the FIU

Dear Editor,

I have noted some false and misleading information stated in the editorial captioned ‘It is a question of enforcement’ published on Sunday March 2, 2014 in Kaieteur News. This false and misleading information was published without first verifying same with the office of the DPP.

I wish to categorically state that more than 800 reports of suspicious transactions were never forwarded to the Office of the Director of Public Prosecutions, as was falsely stated in the  editorial.

According to The Money Laundering and Countering the Financing of Terrorism Act 2009 section 9 (4) (a) the Financial Intelligence Unit shall compile a report and send it to the competent authority, if having conducted its analysis, the FIU has reasonable grounds to suspect that the transaction involves money laundering, proceeds of crime or terrorist financing. According to section 2 of the Money Laundering and Countering the Financing of Terrorism Act 2009 “competent authority” means the Director of Public Prosecutions, and includes any person authorised by him in that behalf. The only agency, therefore, that has a statutory duty to send a report to the Director of Public Prosecutions of suspicious transactions, once there are reasonable grounds to suspect that the transaction involves money laundering, proceeds of crime or terrorist financing, is the FIU.

Since the Act the FIU has only sent one such report, vide letter dated December 21, 2011 from the Director of the FIU. The DPP by letter dated January 9, 2012 responded to the letter stating that the information contained in the report was insufficient and requested that documents and statements in support of the information in the report be provided to the DPP. To date the DPP has not received any response.

The DPP wishes to state that every report and/or file which is received from any law enforcement agency is addressed, given appropriate and adequate attention and response in a timely manner, and not filed away. Any report of suspicious transactions under the Money Laundering and Countering the Financing of Terrorism Act 2009 will receive this same attention and response, as do all other reports and /or files we receive.

Yours faithfully,

Shalimar Ali-Hack

Director of Public Prosecutions

More in Letters

default placeholder

The Region Five Chairman has committed no infraction in relation to his official duties

Dear Editor, Last Thursday, July 21, the Region Five Regional Democratic Council (RDC) was once again prevented from conducting its statutory meeting.

default placeholder

Is the leader of the GPSU an employer because he sits on the Public Service Commission?

Dear Editor, I note the letter from Mr EB John – ‘GRA employees are not public servants’ – in SN of Saturday, July 23.

default placeholder

GRA employees are not public servants

Dear Editor, According to the media there appears to be a misconstruction of roles, respectively of the Chairman and Board of the Guyana Revenue Authority, and that of the President, GPSU; probably because in one instance the authors are uninformed of the Revenue Authority Act 13 of 1996, amended by 16 of 2003, Clause 2 (1) which reads as follows: “Functions of Governing Board (16 of 2003) “(1) The Governing Board shall be responsible for – “a)   subject to subsection (2) the approval and review of the policy of the Authority; “b)   the monitoring of the performance of the Authority in carrying out functions; and “(c)  the discipline and control of all members of staff of the Authority appointed under this Act.” In an apparent rush to personalise a difference of positions between the two parties much ado has been made of the quoted expressions of the Chairman, as distinct from the statutory authority of that office and the Board.

default placeholder

Fishermen from Guyana and Suriname are the ones most affected by piracy

Dear Editor, I write on behalf of the Caribbean Network of Fisherfolk Organisation, the Guyana National Fisherfolk Organisation and the Suriname Fisherfolk Organisation ‒ Visserscollectief.

default placeholder

SOCU and SARU wield a political hatchet but masquerade as law enforcement agencies

Dear Editor, Just last week, I examined the causal connection between taxation and fear and economic decline in the context of the Guyanese economy.

default placeholder

To hang or not to hang

Dear Editor, To hang or not to hang has been a topic in Guyana, the Caribbean and much of the free world for several decades.


About these comments

The comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit or delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity.

Stay updated! Follow Stabroek News on Facebook or Twitter.

Get the day's headlines from SN in your inbox every morning: