Featured Guyana

‘Rio Treaty’ Nations to Cooperate on Sanctions on Venezuela’s Maduro

Western Hemisphere nations voted Monday to employ a regional treaty to impose sanctions against embattled Venezuelan leader Nicolás Maduro, accusing his regime of criminal activity including drug trafficking and money laundering. In a meeting convened by the Organization of American States, 16 of the 19 states party to the Inter-American… Read More

Guyana state agency gives details about oil blocks probe

AP — Guyana’s State Assets Recovery Agency said Wednesday it has launched an investigation into whether corruption played a role in the previous government’s 2015 decision to award two oil blocks to little-known companies days after ExxonMobil signaled it had found large deposits of oil and gas. The decision, which… Read More

Guyana gets support from US to strengthen anti-money laundering regime

The United States has agreed to support the country’s anti-money laundering regime by covering the cost of the initial training and support service required to implement a ‘ibase software programme’. This is in recognition of the role played by the Financial Intelligence Unit (FIU) in the fight against money laundering. Read More
21st June 2017
Guyana wants to be erased from European and United States money laundering blacklists, saying there is no evidence to support such labels because the anti-money laws have been tightened Foreign Minister Carl Greenidge. Read More
17th May 2017
Guyana being named by the United States as a “major money laundering” nation comes as no surprise, according to Opposition Leader Bharrat Jagdeo, who yesterday laid the blame on government, which he said has failed to put the support mechanisms in place. Jagdeo was adamant that the PPP/C, while in… Read More
9th May 2017
The Financial Intelligence Unit (FIU) yesterday announced that it has spearheaded the completion of the country’s first money laundering and terrorist financing National Risk Assessment and the development of a Risk Based Assessment Action Plan. Read More
21st April 2017
The General Manager of the Guyana Gold Board, Lisaveta Ramotar was Thursday sent on administrative leave to pave the way for a police probe into alleged money laundering. Several other staff members have been also sent home temporarily. Ramotar, who is the daughter of former President, Donald Ramotar, was told to… Read More
21st April 2016
The opposition People’s Progressive Party (PPP) said it will not support any swift passage of amendments to the country’s Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Act 2015 and has signalled to government that it will object to this at the scheduled May 4 sitting of the House. Read More
30th March 2016
Even as Nigeria, Brussels and Paris continue to grapple with the after-effects of acts of terrorism, a thorough assessment is needed here in Guyana to determine the money laundering and terrorist financing risks that exist, Attorney General and Legal Affairs Minister Basil Williams said yesterday. Read More