Months of wrangling by the political parties over who was to blame for the threat of blacklisting ended tonight with the opposition voting in Parliament against the anti-money laundering bill.
It had been clear from early in today’s session of parliament that the opposition would not vote for the bill as the Select Committee deliberating on it had closed off discussions without the final input of the opposition.
Guyana faces a November 18 deadline by the Caribbean Financial Action Task Force to have the legislation in place and it is now left to be seen what the ramifications of this absence of the law will be.
The private sector had lobbied aggressively in recent weeks for all sides to work for the passage of the bill, warning of an interruption in normal inter-banking relations and a rise in remittance fees among other things.
-number of redundant workers at 4,763 The National Assembly yesterday approved nearly $2 billion to facilitate full severance by the end of January for a little more than 1,600 of the 4,763 sugar workers that have been made redundant.
Following criticism over government’s handling of the restructuring of the Guyana Sugar Corporation (GuySuCo), President David Granger and members of his Cabinet yesterday met with the leadership of the Guyana Agricultural and General Workers’ Union (GAWU) and the National Association of Agricultural, Commercial and Industrial Employees (NAACIE) to discuss the future of the sugar industry.
City councillor Jameel Rasul says he will shortly be resigning his seat after being berated by his group, Team Benschop for going beyond the agreed six-month stint and voting in favour of the controversial parking meters deal.
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