As I predicted months ago, Guyana has been blacklisted and referred to the Financial Action Task Force for further action,as result of not enacting the required AMLCFT law. Every time I warned about this eventually, I and the govt. were accused of engaging in scare mongering tactic by the joint opposition. Where are those voices now? I tabled a Bill to meet these requirements on behalf of the govt in April 2013. It was voted own by the joint opposition in November 2013. I re-tabled that Bill in December 2013 and it is not yet passed simply because the joint opposition has refused to do so. These are the facts devoid of any esoteric or political content and sentiments. As the world is preparing to unleash an unknown and unpredictable regime of catastrophic sanctions that will intimately make the life of every Guyanese much harder, the architects of this disaster, luridly and ludicrously, attempt to blame the govt for this tragedy into which they have so callously and heedlessly pushed our country and its people, at the alter of their avarice for political power. Its as if theirs is a desire to preside over ruins, if only to preside. This is the latest casualty of the one seat majority. It is, indeed, their 48th independence anniversary gift to our country and our people. For this they must never be forgotten. I am not optimistic about their recent utterances that the Bill can be passed within a matters of hours. They didnt pass it in over a year. Nothing prevented them from so doing. However, mere passage of this Bill will not automatically extricate us from this morass. It is a process. It takes years to exit the FATF supervision once you become subject. As far as I am aware, the opposition have not relinquished their demands. The bottom line is, they have put Guyana in this Cesspit and they must haul us out now. Their demands must be the focus of some political process which is separate and apart from this Bill. There is no connection. However, wherever ego does not yield to reason, I remain a pessimist that nothing good can come forth.
Posted on: Sat, 31 May 2014 14:59:45 +0000
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