Greenidge: Governance issues key to anti-money laundering bill

Carl Greenidge

APNU spokesman on finance Carl Greenidge yesterday said that governance concerns are key to the finalizing of the anti-money laundering bill and he accused the government of wanting to appoint all the members of the Financial Intelligence Unit.

On Monday, the combined APNU/AFC opposition opted to adjourn to October, the Special Select Committee charged with considering the Anti-Money Laundering/ Countering the Financing of Terrorism (Amendment) Bill. Minister of Finance Dr. Ashni Singh has since said that the insistence in adjourning the committee’s work until October destroys all chances of the amendments being passed before the Parliamen-tary recess at the end of this week.

After Guyana failed to meet the deadline to enact legislation to meet international financial requirements earlier this year, the Carib-bean Financial Action Task Force (CFATF) extended the deadline to