The East Bank Demerara family facing 268 charges for allegedly laundering billions and transferring large sums to 22 companies in China had their business flagged by the Financial Intelligence Unit (FIU) from routine disclosures made by local banks, with the Guyana Revenue Authority (GRA) additionally investigating for possible tax evasion, sources say.
And while proving the laundering case here would not be difficult, this newspaper understands that investigators could seek government intervention through diplomatic channels for securing documents and accounts information from the companies in China to add to their investigation.
Sources told Stabroek News that “although the information is not needed for the case itself, diplomatic channels would have to be used to get documents from China because this country has no jurisdiction over the businesses there.”
