-assessment report
Allowing the minister with responsibility for the oil and gas sector to have discretionary powers in granting prospecting and production licences affords the opportunity for corruption and bribery – a money laundering predicate offence –says the Money Laundering/Terrorist Financing (ML/TF) National Risk Assessment (NRA) report.
The assessment was compiled by the Anti-Money Laundering and Countering the Financing of Terrorism National Coordination Committee. Its work has been hailed by Attorney General Anil Nandlall.
Source link