In a move described as “unconscionable” by Finance Minister Ashni Singh, the combined APNU/AFC opposition yesterday opted to adjourn to October, the Special Select Committee charged with considering the Anti-Money Laundering/Countering the Financing of Terrorism (Amendment ) Bill.
According to a GINA release, Singh said that the insistence in adjourning the committee’s work until October destroys all chances of the amendments being passed before the Parliamentary recess at the end of this week.
After Guyana failed to meet the initial deadline earlier this year, the Caribbean Financial Action Task Force (CFATF) extended the deadline to November but in effect the bill had to be ready by the end of this