Trinidad and Tobago’s Attorney General (AG) Faris Al-Rawi on Wednesday emphasised that Guyana’s implementation of and compliance with anti-money laundering and the countering the financing of terrorism recommendations are critical in light of the expected development of its oil sector, which is projected to see revenues from 2020.
“Guyana is about to take the ascendancy in a lot of oil and gas reserves, in a lot business opportunities and it is, therefore, most critical at this juncture for this work to be done and your Attorney General is leading the way on that path” Al-Rawi said.
Speaking as the immediate past Chairman of the Caribbean Financial Action Task Force (CFATF) during a press conference at the Georgetown Marriott, which followed the opening ceremony of CFATF-GAFIC’s XLVI plenary working group meeting, Al-Rawi pointed to evidence of the contribution of porous borders to terrorism.