Anti- Money Laundering Legislation…Concerns will have to be addressed in National Assembly

Oct 28, 2013 News

– Granger

A Partnership for National Unity (APNU) has announced that its concerns were not heard in the dissolved Select Committee and as such they will be seeking to get all its apprehensions regarding the passage of the Anti Money Laundering Bill addressed in the National Assembly.
At a recent press conference the opposition bloc made it clear through its leader David Granger that the Bill is flawed, and they will not approve a Bill that cannot function properly, since it would be counterproductive to the Guyanese populace.
“That bill is flawed, we have had an Act, an Anti Money Laundering and Counter Financial Terrorism Act for four years and they have been trying to push through changes in four months. We have only seen and have been working with it for four months and we are not going to approve a flawed Bill. We made it clear we had wanted to see a Bill that has teeth,” Granger posited.
The Special Select Committee was established in the National Assembly to addresses the concerns of the Anti Money Laundering legislation that the government or the Oppositions (APNU and Alliance for Change AFC) might have, with aim of finding common ground for its passage in the next sitting of parliament.
However, as it stands currently, the government took the decision to dissolve the Select Committee, while citing that all the concerns not addressed will be done so in the National Assembly.
Both the AFC and the APNU expressed concerns over the dissolving of the Select Committee even though both parties were not present when the government made the decision.
The AFC posited through its Leader Khemraj Ramjattan that it was pressed with other obligations while the APNU through Granger said that “as far as the actual circumstances under which the PPP members met, we would like to make it clear that on the day it was called, the President asked me to attended a meeting concerning the Venezuelan oppression and on the next day we had the Shadow Cabinet meeting. The Executive branch has their meeting on Tuesday morning and we have our meeting on Tuesday evening, this has been known for over a year. We were very surprised an attempt was made to have the meeting then and we were very disappointed that the Chairperson of the (Select) Committee proceeded because we needed consensus and when the matter comes before the court, we will do what we would’ve wanted to do in the Committee.”
The APNU and AFC have both expressed unease with the Anti Money Laundering Legislation. The AFC has made its position clear that for them to give their support to the Bill, a Public Procurement Commission must be firstly implemented, while APNU has called for a more comprehensive legislation that would be functional. “We are not going to give the Guyanese people something that can’t work,” Granger declared.

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Anti- Money Laundering Legislation…Concerns will have to be addressed in National Assembly

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