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Tag Archives: cambio licence

Mohamed’s cambio licence to be cancelled following U.S. sanctions; Mae Thomas resigns from PPP executive

In the wake of the United States (US) sanctions on wealthy Guyanese Nazar Mohamed and his son, Azruddin, as well as their businesses for alleged corruption, Vice President Bharrat Jagdeo said Mohamed’s foreign exchange dealer’s (cambio) licence would be cancelled. Mr Jagdeo said the Bank of Guyana has already informed the Mohameds that their cambio licence would be struck off. ...

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