The Alliance For Change is cautiously optimistic that steps to have the Anti-Money Laundering-Countering the Financing of Terrorism Bill returned to the House in this session would yield desired results.
The Party may be willing to consider the suspension of the Standing Orders of the National Assembly in order to facilitate the Bill being brought back to the House, but, must be assured that there will not be another stalemate.
For this to be realised there needs to be the operationalization of the Public Procurement Commission under the existing Procurement Act, this can be done simultaneously as a Special Select Committee reviews the amendments to the AML-CFT Bill.
As the Party has stated before, there is no reason why Guyanese cannot benefit from the protection offered by a Public Procurement Commission and stronger AML legislation.
It must be noted, the AML 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,
It is in the best interest of all the people of this country; private citizens, businesspersons and persons at risk of corruption that the AFC repeats that Guyana needs to have both the PPC and stronger AML legislation.
Comments are closed