Latest update March 23rd, 2025 9:41 AM

Guyana's largest selling daily and New York's most popular weekly

Latest News

False and misleading information stated in your Editorial

Mar 04, 2014 Letters

DEAR EDITOR,
I have noted some false and misleading information stated in your Editorial, “It is a question of enforcement” published on Sunday 3rd March, 2014. This false and misleading information was published without first verifying same with the office of the DPP.
I wish to categorically state that more than 800 reports of suspicious transactions were NEVER forwarded to the Office of the Director of Public Prosecutions, AS WAS FALSELY STATED in your Editorial.
According to the Money Laundering and Countering the Financing of Terrorism Act 2009 section 9 (4) (a) the Financial Intelligence Unit shall compile a report and send it to the competent authority, if having conducted its analysis, the FIU has reasonable grounds to suspect that the transaction involves money laundering, proceeds of crime or terrorist financing.
According to section 2 of the Money Laundering and Countering the Financing of Terrorism Act 2009 “competent authority” means the Director of Public Prosecutions, and includes any person authorised by him in that behalf. The only Agency, therefore, that has a statutory duty to send a report to the Director of Public Prosecutions of suspicious transactions, once there are reasonable grounds to suspect that the transaction involves money laundering, proceeds of crime or terrorist financing, is the FIU.
Since the Act the FIU has only sent one such report vide letter dated December 21, 2011 from the Director of the FIU. The DPP by letter dated January 9, 2012 responded to the letter stating that the information contained in the Report was insufficient and requested that documents and statements in support of the information in the Report be provided to the DPP. To date the DPP has not received any response.
The DPP wishes to state that every report and/or file which is received from any law enforcement agency is addressed, given appropriate and adequate attention and response in a timely manner, and not filed away. Any report of suspicious transactions under the Money Laundering and Countering the Financing of Terrorism Act 2009 will receive this same attention and response, as do all other reports and/or files we receive.
Thank you.
Mrs. Shalimar Ali-Hack
Director of Public Prosecutions

Similar Articles

The Glenn Lall Show|| March, 17th, 2025

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

Reliance Hustlers delighted for Youth Programme support from First Lady

Reliance Hustlers delighted for Youth Programme support from First...

Mar 23, 2025

Kaieteur Sports- President of Reliance Hustlers Sports Club Trevis Simon has expressed delight for the support of the Youth Programme from First Lady Arya Ali under her National Beautification...
Read More
Relentless Chase demoralize West Dem’ to remain unbeaten

Relentless Chase demoralize West Dem’ to remain...

Mar 23, 2025

AAG makes history with US$300K Adidas sponsorship deal

AAG makes history with US$300K Adidas sponsorship...

Mar 23, 2025

Historic NSC sponsored GGA 2nd Annual National Long Drive Championships set for March 29

Historic NSC sponsored GGA 2nd Annual National...

Mar 23, 2025

St. Lucia’s Elite Blazers takes aim at FIBA 3×3 World Tour in Edmonton

St. Lucia’s Elite Blazers takes aim at FIBA...

Mar 22, 2025

Petra/Milo U18 Football kicks off Round II action today

Petra/Milo U18 Football kicks off Round II action...

Mar 22, 2025

Features/Columnists

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]