President affirms that anti-laundering bill should be passed in current form

President Donald Ramotar yesterday affirmed his position that the Anti-Money Laundering/Coun-tering the Financing of Terrorism (AML/CFT) (Amendment) Bill should be passed in its current form and “forthwith.”

In a letter in response to one written to him, Leader of the Opposition David Granger and AFC Leader Khemraj Ramjattan by former chairman of Demerara Distillers Ltd Yesu Persaud on Friday, the President agreed with Persaud that there should be no political conditionalities attached to the bill’s passage, noting the country’s responsibility to comply with international norms.

Ramotar noted that the bill in its current form “is sufficient to comply with the minimum standards of the