Tag Archives: money laundering

by GHK Lall I note with interest the development where Guyana has joined regional information sharing networks to facilitate going after financial criminals (Demerara Waves, December 11, 2022). On the face of it, this is good for Guyana, with many possible pluses. On the other hand, for those familiar with the real Guyana, the one below the surface glitter, this ...

Reproduced from Gainesville Sun A Guyanese man, who owned a charter airline and maintenance company based in Gainesville and serving Ocala, was sentenced Friday to 13 years in federal prison for trafficking hundreds of kilos of cocaine into the New Jersey-New York area and laundering more than $10.2 million, federal officials announced. Khamraj Lall, 52, of Ringwood, New Jersey, was ...

Former Executive Director of the Caribbean Financial Action Task Force (CFATF), Calvin Wilson on Saturday cautioned that if Guyana does not maintain a clean bill of financial health, oil companies and staff would encounter bottlenecks in sending their profits and earnings overseas. He told a media workshop organised by the Guyana Press Association (GPA) that if Guyana does not satisfy ...

Director of the Financial Intelligence Unit (FIU) of Guyana, Matthew Langevine says there are increasing suspicious reports of money launderers and drug traffickers piping their dirty monies through money transfer agencies. The FIU head said it has also been discovered that individuals involved in predicate offences tied to drug and human trafficking and money laundering are utilising the services of ...

  A workshop organised by the World Bank and the Ministry of Finance will be looking at the use of Mobile Money and phone cards as forms of money laundering in Guyana over the next few days. The risk assessment workshop which includes several stakeholders will be looking at ways to combat challenges in the money laundering sphere that are ...