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Money laundering in Guyana by Sharmini Rampersaud,AICA

The Bank of Guyana (BOG) Supervision Guideline No.13 states that money laundering means: “A person commits the offence of money laundering if he knowingly or having reasonable grounds to believe that any property in whole or in part directly or indirectly represents any person’s proceed of crime…” It should be noted that “money laundering process” is continuous since illicit money ...

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Kick-starting an economy by Basil Springer

“Jesus Christ is the same yesterday and today and forever.” – Hebrews 13:8 Much energy has been spent by Barbadian leaders and professionals recently on litigation, political wrangling, poor decision making, questionable management, ego massaging, internal quarrels, media messaging and conflicting advice regarding national economic issues. If we spend this energy constructively kick-starting the Barbados economy,  then the engine of ...

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Eye On The Issues: Taxes behind the tears and tumult

by GHK Lall Tax has to be among the most hated words in this country.  It ranks right up there among the some real detestable things and people.  Not surprisingly, the earlier announcement of a flurry of taxes has brought tears (some onion induced); terrors (on potential exposures); and tumult (what new dispensation?) over being called upon to pay.  As ...

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Should charges be laid against former and current government officials for conditions of service? – Anil Nandlall

I have been charged for stealing books, the subscriptions for which were paid for by the Government of Guyana, which I specifically requested as a condition of my service as Attorney General and Minister of Legal Affairs and which was granted by the President of the Republic of Guyana. The market value for these books is about $420,000. Sometime in ...

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Eye On The Issues by GHK Lall: The financial sector has had a free pass; time to change that

There have been occasional mutterings over a very profitable segment in the visible, well-regarded part of the Guyanese economy.  It is time that an honest probing telescope is trained on it, and the mutterings coalesce into a consistent crescendo.  The private financial sector is highlighted. Even to the untutored layman, there is some discernment that recognized institutions may have allegedly ...

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Eye On The Issues: Citizens have to decide between the dirty and deadly and clean and costly

by GHK Lall Citizens from a few strata of society have been visible and vocal in their disagreements with government on a number of simmering issues.  While the underlying substance might be significant on occasion, the thinking and approaches have raised questions.  Nevertheless, the result is that government is under continuous scrutiny, sometimes skewered, and altogether pressed for higher standards ...

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Eye on the Issues: The opposition miscalculations will hurt its visions

by GHK Lall The happenings at that recent commemoration event at Babu John made me sit up and take notice.  When I place those developments in Berbice next to the results from the Congress in Essequibo, it becomes clear that the opposition made a terrible miscalculation; in fact, several huge miscalculations for which there will be reckoning. First, and taking ...

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No lessons are learned

Even a cursory look at ongoing developments makes it clear that no lessons are learned from prior mistakes, prior times, and prior regimes.  It is not one place or group where this becomes apparent, but in a more than a few sensitive places and involving unreconstructed people positioned to perpetuate the absurdities and gross derelictions that once and still prevail. ...

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Eye On The Issues: Time for strong, decisive leadership outside identity politics by GHK Lall

I immerse myself from a distance in the existentialist environment called Guyana, and I shudder.  As I listen, observe, exchange, and absorb more shuddering comes.  And what follows is sure to introduce even more cringing, especially among the self-congratulating, the self-satisfied, and the self-indulgent. For its entire post-colonial life, this entire society has been imprisoned in the unchanging life sentence ...

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