Attorney General Basil Williams SC on Friday sounded a warning to both the Special Organised Crime Unit (SOCU) and the Financial Intelligence Unit (FIU), saying that they need to secure convictions as they are critical to showing the effectiveness of measures Guyana has taken to combat money laundering.
Williams was at the time addressing two dozen participants at a half-day seminar that was hosted by the Ministry of Legal Affairs and the Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) National Coordinating Committee on preparation for the Fourth Round of Mutual Evaluations by the Caribbean Financial Action Task Force (CFATF).
SOCU and the FIU were among the supervisory authorities represented at the seminar, which was held at the Bank of Guyana (BoG). Also represented were the BoG, the Gaming Authority, the Guyana Geology and Mines Commission and the Guyana Revenue Authority.
