Mr. Nandlall just does not get it

Feb 15, 2014 Letters

DEAR EDITOR,
It seems that our Attorney General, Mr. Nandlall, is unable to grasp the fact that moving to a cashless society is key to the elimination or curtailing of money-laundering. He seems proud that Guyana is a cash-based society that pays the rice farmer cash for his paddy and the potential homeowner walks around with an excess of 2 million dollars to purchase materials for his home. This is as backward as one gets.
This gentleman does not seem to understand that the world has moved away from cash to plastic and electronic banking, making it difficult for persons to operate outside of the confines of the law. For example, one is hard-pressed to be able to book a hotel room in most countries without a credit card. That is because the hotel will not accept cash as payment for room and board.
One of the positives to be derived from this type of operation is that persons in those countries do not open the newspapers almost daily to read of someone being trailed, killed and robbed of a ton-load of cash. This writer is hard-pressed to think of any other country where lines in the bank are held up for hours while tellers count millions of dollars in cash that were brought to the bank in backpacks.
Mr. Nandlall sounds quite amusing when he says “We are aware of the allegations of corruption against the police force and the customs department………..” Hasn’t he figured that if Guyana were to eliminate the need for persons to walk around with bundles of cash, this scourge of corruption that the PPP has created and nurtured within our society will disappear overnight?
Imagine a government in this day and age, deciding to print a $5,000 dollar note! Who do these people think they are fooling when they speak of their desire to stamp out money-laundering and all the ills that it engenders?
The knee-jerk reaction by Nandlall and his party and their attempts to blame the Opposition for their failure, lack of will and/or ability to put in place adequate laws to bring Guyana’s financial sector in tandem with world standards is a sick joke; it is ridiculous and an embarrassment to all Guyanese.
But there has to be a sinister reason behind the PPP’s insistence on maintaining the financial status quo and it is no secret what that reason is. Everyone knows which party is favoured by cartels and criminals operating within Guyana, and why. Everyone knows who benefits from cash operations because a few millions in cash passed under the table by a grateful contractor, is difficult to trace. And make no mistake; the international agencies know this too.
It is hoped that those agencies will use their considerable clout to knock some sense into the heads of the clueless group we now call government in Guyana. We need a break from the tyranny, nepotism and corruption of the PPP.
Raymond Holder

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