Georgetown : A high – level team, headed by Attorney General Anil Nandlall will travel to Florida at the end of this month where they are expected to be grilled on Guyana’s money laundering situation, particularly its compliance with obligations under the Caribbean Financial Action Task Force (CFATF).
This was reported cabinet Secretary Dr. Roger Luncheon who stated that Cabinet approved the team which also includes Financial Intelligence Unit (FIU) Head, Paul Geer; Special Organised Crime Unit (SOCU) Head Assistant Commmissioner, Sydney James and FIU Legal Advisor, Alicia Williams. The target review will be done by the America Region Reviewing Group (ARRG).
“They will be meeting in the context of a report that had to be prepared and submitted by Guyana in response to a formal request by the ARRG for information,” Dr. Luncheon said, adding that ARRG had submitted a document that requested a considerable amount of information about Guyana’s commitment to CFATF.
Following this month-end review, ARRG is expected to submit a report to CFATF following which a decision will be handed down in October. The HPS recalled that it was because the failure of the Parliament to pass the CFATF compliant legislation “consequent to the opposition’s nonsupport” that had caused the country to be referred for the targeted review.
Dr. Luncheon said Chairperson of the Special Parliamentary Committee that is currently considering the Anti Money Laundering and Countering the Financing of Terrorism Amendment (AML/CFT) Bill, Gail Teixeira continues without success, in organising a meeting.
Dr. Luncheon acknowledged that with the National Assembly currently in recess, it would be hard to get members to attend meetings.
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