OAS Secretary General calls on political parties to pass Anti-Money Laundering Legislation



[www.inewsguyana.com] – Secretary General of the Organisation of American States (OAS), José Miguel Insulza, on Monday (February 10) called on political parties and other stakeholders to pass the Anti-Money Laundering and Countering the Financing of Terrorism  (AMLCFT) Bill.

A press release posted on the OAS website noted that MrInsulza has been following the issue in Guyana and noted that the legislation would bring the country into compliance with the Caribbean Financial Action Task Force (CFATF) requirements, “thus preventing unnecessary damage to the country’s financial stature”.

“The Secretary General therefore calls upon the political parties and other stakeholders to exercise cooperation and understanding in bringing this issue to closure,” Mr. insulza said.

“The OAS stands ready to support the Guyanese authorities in their pursuit of political dialogue and consensus building, especially on matters of national importance,” the statement further noted.

MrInsulza also offered the support of the OAS, through the Inter-American Drug Abuse Control Commission (CICAD), to the process that is currently under way in the Guyanese Parliament.



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