PPP/C MP Anil Nandlall says Attorney-General Basil Williams has “put the cart before the horse” by seeking to rush new anti-money laundering reforms through the National Assembly without ensuring the establishment of the Financial Intelligence Unit (FIU) that is responsible for enforcement.
“It is does not make sense you put the laws in place and you don’t have the body to enforce the law. The body to enforce the law is the FIU and there is no FIU. In other words, the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) apparatus in Guyana is headless….,” Nandlall told Stabroek News.
He said the PPP/C will not support the amendment bill that is to be taken through all its stages when the National Assembly
