Latest update February 14th, 2025 8:22 AM
Anti-Money Laundering Bill…AFC will facilitate passage if there is compromise
The Alliance For Change is “cautiously optimistic” that steps to have the Anti-Money Laundering and Countering the Financing of Terrorism amendment Bill (2013) returned to the National Assembly would end in a win-win for all.
The party wants Government to set up a Public Procurement Commission and to do more work at the level of the select committee to have amendments made to the Bill in question.
AFC’s General Secretary, David Patterson
The AFC and A Partnership for National Unity (APNU) all say that they want to see an anti-money laundering Bill in place, but the AFC call makes it now seem as if the party and the APNU are holding ‘one head.’
At the party’s most recent press conference, AFC General Secretary, David Patterson, told media operatives that the party may be willing to consider the suspension of the Standing Orders of the National Assembly in order to facilitate the Bill being taken back to the House. He said, however, that that would depend on the assurance that there will not be another stalemate.
Patterson said that there needs to be the operationalization of the Public Procurement Commission under the existing Procurement Act. This means that the AFC is still not in for the government proposed amendment to the Procurement Act that will secure Cabinet’s “no objection” role in the process of awarding contract.
Patterson told the press that the PPC can be put in place simultaneously as a Special Select Committee reviews the amendments to anti-money laundering Bill.
The politician reiterated that there is no reason why Guyanese should not benefit from the protection offered by a Public Procurement Commission and stronger anti -money laundering legislation.
He added, “It must be noted that the anti-money laundering legislation speaks of politically exposed persons and it is in this context also that a Procurement Commission is necessary, to provide safeguards that would help protect politically exposed persons.
The General Secretary said, “It is in the best interest of all the people of this country; private citizens, businesspersons and persons at risk of corruption that the Alliance For Change repeats that Guyana needs to have both the Public Procurement Commission as well as a stronger anti-money laundering legislation.
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