The Financial Intelligence Unit (FIU), the entity tied directly to oversight of the Special Organised Crime Unit (SOCU) and which is required to be operational under the anti-money laundering legislation, has been without a director since the end of last year.
Identifying a replacement may also take some time as the required Authority under the Anti-Money Laundering/ Countering the Financing of Terrorism Act (AML/ CFT) has to first be established.
Minister of Finance Winston Jordan confirmed to Stabroek News that former director of
