By Kurt Campbell
[www.inewsguyana.com] – President of the Georgetown Chamber of Commerce and Industry (GCCI) Clinton Urling has identified the misgivings of the wider private sector to the three major amendments proposed by the Parliamentary Opposition to the Anti – Money Laundering and Countering the financing of Terrorism (AML/CFT) Act.
Speaking to iNews on Tuesday, Urling said members of the Chambers and the Private Sector Commission have been holding meetings over the past few days in relation to the amendments.
According to Urling, several private sector members are not in support of the amendment which seeks to give Police the power to seize cash of over $2M (US$10,000) and arrest persons if it is suspected that it is the proceeds of or the subject of money laundering.
