Money Laundering Crisis: President to reconsider “relationship” with Opposition


[] – President Donald Ramotar has announced that his government is forced to reconsider its future relationship with the political opposition, given their non – support for the Anti Money Laundering and Countering the Financing of Terrorism (Amendment) Bill.

At a press conference on Friday, November 8 the President said that all hope is lost when it comes to cooperating with the Opposition for the development of Guyana.

“It is clear to me now that the Opposition is not willing to help and I don’t have a partner in the Opposition for the development of our country.”

When questioned, the President did not want to go into details on how he will treat the Opposition in future, however he noted that he will execute his duties in full when it comes to his constitutional responsibilities.

Guyana is now on the verge of being blacklisted by the Caribbean Financial Action Task Force given the fact that the combined opposition – A Partnership for National Unity (AFC) and the Alliance for Change (AFC) did not vote in favour of passing the amendments to the legislation.

According to the President, the action by the Opposition is a clear indication of their determination to damage the economy of Guyana. He said that the November 7 sitting of the National Assembly will go down as “economic sabotage.”



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