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Are the ABC embassies taking action on these alleged suspicious transactions?

Dec 10, 2013 Letters

 

DEAR EDITOR,
Recently, we have had some strange financial dealings in Guyana involving citizens and residents of Canada and the US. A few Canadian residents (probably citizens) were behind a US$30 million recycling plant deal that collapsed under the scrutiny of the public press. This is a substantial sum of money that would have Canadians howling and the RMCP sniffing, particularly when the source of these funds were blocked from the public.
There is no evidence to date provided by the Canadian Embassy indicating whether it has reported this matter to the authorities and demanded an investigation by those Canadian authorities into the players involved. Similarly, there is a serious issue of two different signatures involved in the awarding of a telecommunication licence to an American citizen or resident. The US Embassy has not indicated whether the FBI has been notified and asked to investigate.
Many of the developed nations have laws that allow them to prosecute their citizens and residents for foreign corruption. Apart from those laws, there are laws within those countries that allow them to investigate their own citizens and residents for all manner of offences including money laundering and tax fraud.
It is hoped the developed nations whose citizens and residents’ names are appearing in questionable and suspicious transactions in Guyana are doing the right thing and investigating these individuals. This simple act of investigation strengthens the playing field for legitimate investors from developed nations who seek to invest in Guyana. Those investments will repatriate significant economic benefits to ABC economies.
M. Maxwell

 

 

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