The much contested Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) (Amendment) Bill will return as Bill No. 4 to the 11th parliament today and while its passage is guaranteed with the APNU+AFC government in control of the legislature, the now opposition PPP/C has blasted it for being non-compliant with international requirements.
Former Attorney General and PPP Executive Anil Nandlall stated at a PPP press conference yesterday at Freedom House that with the proposed amendments to the PPP/C’s 2013 version, the bill is prone to “contamination” by Politically Exposed Persons (PEP).
Nandlall said that the APNU+AFC amendments to the 2013 bill seeking to have the Director and staff of the Financial Intelligence Unit (FIU) appointed by politicians in the National Assembly went against the warning about PEPs by the global watchdog group, the
